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Equity indices gain 0.5% as IT, pharma stocks rally

Video Credit: ANI - Duration: 01:17s - Published
Equity indices gain 0.5% as IT, pharma stocks rally

Equity indices gain 0.5% as IT, pharma stocks rally

Equity benchmark indices edged higher during early hours on July 30 ahead of the expiry day of monthly futures and options contracts.

At 10:15 am, the BSE SandP Sensex was up by 250 points or 0.66 per cent at 38,321 while the Nifty 50 gained by 72 points or 0.64 per cent at 11,275.

All sectoral indices at the National Stock Exchange were in the green with Nifty IT and pharma up by 1.6 per cent each.

Among stocks, Wipro was up by 2.8 per cent to Rs 284.80 per share while Tata Consultancy Services gained by 2.4 per cent, HCL Technologies by 2.2 per cent and Infosys by 1.3 per cent.

Pharma majors, Dr Reddy's and Cipla advanced by 4 per cent and 1.6 per cent respectively.

Bharti Airtel gained by 1.3 per cent after posting 15 per cent growth in Q1 revenue of Rs 23,939 crore on higher data usage during the coronavirus crisis but a loss of Rs 15,933 crore.


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Equity benchmark indices tumbled over half per cent during early hours on October 14 tracking Asian peers as halted COVID-19 vaccine trials soured investor risk appetite. Besides, the International Monetary Fund (IMF) revised its projection of contraction in India's GDP for current fiscal year to 10.3 per cent from 4.5 per cent earlier, citing a rise in COVID-19 cases. At 10:15 am, the BSE SandP Sensex was down by 232 points or 0.6 per cent at 40,393 while the Nifty 50 lost by 88 points or 0.73 per cent at 11,847. All sectoral indices at the National Stock Exchange were in the red zone with Nifty private bank down by 1 per cent, PSU bank by 0.7 per cent, IT by 1.1 per cent and metal by 0.9 per cent. Among stocks, Wipro slipped by 6.5 per cent to Rs 351.45 per share despite improving its performance in the second quarter of FY21 on several parameters.

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Credit: ANI    Duration: 01:15Published
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Credit: ANI    Duration: 01:10Published

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Credit: ANI    Duration: 01:20Published
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Credit: ANI    Duration: 01:10Published

Infosys Infosys Indian multinational consulting, IT services, software engineering and outsourcing company

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Equity benchmark indices traded firm on October 05 in line with Asian markets on hopes that US President Donald Trump could soon be discharged from hospital after responding well to COVID-19 treatment. The BSE SandP Sensex closed 277 points or 0.71 per cent higher at 38,974 while the Nifty 50 gained by 86 points or 0.76 per cent at 11,503. Except for Nifty PSU Bank, all sectoral indices at the National Stock Exchange were in the green with Nifty IT moving up by 3.6 per cent, metal by 2.6 per cent and pharma by 2 per cent. Among stocks, Tata Consultancy Services jumped by 7.5 per cent to Rs 2,713.95 per share, Wipro by 7 per cent, Infosys by 2.9 per cent and Tech Mahindra by 2.7 per cent.

Credit: ANI    Duration: 01:12Published

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