Closing bell: Equity indices in positive terrain, Dr Reddy's top gainer
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Closing bell: Equity indices in positive terrain, Dr Reddy's top gainer
Equity benchmark indices traded higher in the afternoon session on September 16 while Asian stocks were flat ahead of the US Federal Reserve's view on the economy.
The BSE S-P Sensex closed 259 points or 0.66 per cent at 39,303 while the Nifty 50 gained by 83 points or 0.72 per cent at 11,605.
Except for Nifty media and PSU bank, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty realty gaining by 2.2 per cent, pharma by 2 per cent and auto by 1.5 per cent.
Among stocks, Dr Reddy's jumped by 4.44 per cent to close at Rs 4,639.60 per share after it announced cooperation with Russian Direct Investment Fund (RDIF) to conduct clinical trials and distribute Sputnik V vaccine in India for treatment of COVID-19.
Equity benchmark indices fell sharply during early hours on Thursday as traders booked profit on weak global cues. At 10:15 am, the BSE SandP Sensex was down by 650 points or 1.26 per cent at 50,795 while the Nifty 50 edged lower by 194 points or 1.27 per cent to 15,052. All sectoral indices at the National Stock Exchange were in the negative terrain with Nifty metal down by 2.9 per cent, PSU bank and financial service by 2.3 per cent each, and auto by 1.3 per cent. Among stocks, JSW Steel dropped by 3.4 per cent to Rs 413.65 per share while Tata Steel was down by 3.2 per cent to Rs 752.25. Hindalco too dipped by 2.6 per cent to Rs 349.80 per share. Banking and financial stocks too fell with HDFC down by 3 per cent, Bajaj Finserv by 2.8 per cent, HDFC Bank by 2.7 per cent, Axis Bank by 2.5 per cent and ICICI Bank by 2.4 per cent. However, Adani Ports, ONGC, Grasim and Tech Mahindra traded with a positive bias. Meanwhile, resurgent worries about rising US bond yields hit global shares as investors waited to see if Federal Reserve Chair Jerome Powell will address concerns about the risk of a rapid rise in long-term borrowing costs. The MSCI's ex-Japan Asian Pacific shares lost by 1.7 per cent in early trade while Japan's Nikkei fell by 2.46 per cent. Hong Kong's Hang Seng index was down by 2.53 per cent, South Korea's Kospi by 1.93 per cent and Shanghai composite by 1.58 per cent.
Equity benchmark indices edged higher during early hours on Thursday on the back of favourable global cues amid optimism over economic recovery and the government's privatisation plans. At 10:15 am, the BSE SandP Sensex was up by 414 points or 0.82 per cent at 51,196 while the Nifty 50 ticked up by 142 points or 0.9 per cent to 15,124. Among stocks, Hindalco was up by 4.7 per cent to Rs 348.55 per share while Tata Steel advanced by 2.4 per cent to Rs 745.50 and JSW Steel by 2.2 per cent to Rs 416.80. Axis Bank was up by 3.5 per cent, IndusInd Bank by 3.4 per cent, Tata Consultancy Services by 2.7 per cent and Dr Reddy's by 2.4 per cent. However, FMCG stocks did not fare well with Nestle India down by 1 per cent. Hindustan Unilever, Britannia, Titan, Eicher Motors and Mahindra and Mahindra were also in the negative zone. Meanwhile, Asian stocks jumped after US Federal Reserve Chair Jerome Powell reaffirmed interest rates will stay low for a long time. That calmed market fears that higher inflation may prompt the central bank to tighten the monetary spigot. MSCI's ex-Japan Asia Pacific shares index rose by 1 per cent while Japan's Nikkei gained by 1.6 per cent.
U.S. stocks suffered their biggest one-day percentage drop in three months on Wednesday, adding to losses after the latest Fed statement as major indexes were also pressured by a slump in Boeing and a selling of long positions by hedge funds. Fred Katayama reports.
Equity benchmark indices erased early intra-day gains and ended marginally higher on Monday with Nifty PSU bank up by 1.6 per cent. The BSE S-P Sensex wound up 36 points or 0.07 per cent higher at 50,441 while the Nifty 50 ticked up by 18 points or 0.12 per cent to 14,956.Sectoral indices at the National Stock Exchange were mixed with Nifty PSU bank up by 1.6 per cent, metal by 0.8 per cent and pharma by 0.4 per cent. But Nifty realty slipped by 1 per cent. Among stocks, agro-chemicals major UPL jumped by 7 per cent to Rs 633.45 per share while energy major GAIL was up by 4.2 per cent to Rs 153.40.Larsen and Toubro rose by 3.4 per cent, ONGC by 3.3 per cent, SBI Life by 2.8 per cent, State Bank of India by 1.6 per cent, HCL Technologies by 2.4 per cent and Axis Bank by 1.9 per cent.
Equity benchmark indices closed nearly 1 per cent lower after a choppy trading session on Friday with PSU bank and metal stocks incurring substantial losses amid weak global cues. At the closing bell, the BSE S-P Sensex was down by 441 points or 0.87 per cent lower at 50,405 while the Nifty 50 edged lower by 143 points or 0.95 per cent to 14,938. All sectoral indices at the National Stock Exchange were in the red with Nifty PSU bank down by 3.9 per cent, private bank by 1.6 per cent, metal by 2.7 per cent and IT by 1.5 per cent. Among stocks, IndusInd Bank fell by 4.5 per cent to Rs 1,043 per share while State Bank of India was down by 2.6 per cent to Rs 385.35.IT major Wipro slipped by 3.8 per cent while Tata Motors skidded by 3.7 per cent to Rs 326.45.
Equity benchmark indices fell by over 1 per cent on Thursday as concerns over spike in bond yields rekindled globally. The BSE S-P Sensex closed 599 points or 1.16 per cent lower at 50,846 while the Nifty 50 tumbled by 165 points or 1.08 per cent to 15,081. Most sectoral indices at the National Stock Exchange were in the negative terrain with Nifty metal down by 2 per cent, financial service by 1.8 per cent and private bank by 1.2 per cent. Among stocks, JSW Steel dropped by 2.9 per cent to Rs 415.50 per share while Hindalco was down by 2.6 per cent to Rs 349.90. Tata Steel too dipped by 2.5 per cent to Rs 757.60 per share. Banking and financial stocks fell with HDFC down by 2.6 per cent, Bajaj Finserv by 2.3 per cent, Axis Bank by 2.2 per cent, HDFC Bank by 2.1 per cent and State Bank of India by 2 per cent. Tata Motors and Larsen - Toubro also traded in the negative terrain. However, UltraTech Cement jumped by 3.9 per cent to close at Rs 6,755 per share.
Equity benchmark indices rose by nearly 1 per cent during early hours on Monday mirroring strong trends in Asian markets. Sensex was up by 514 points or 1.02 per cent at 50,919. Nifty 50 edged higher by 169 points or 1.13 per cent to 15,107. Most sectoral indices at the National Stock Exchange were in the green. Among stocks, energy major GAIL rose by 6 per cent to Rs 156 per share while ONGC was up by 5.3 per cent to Rs 121.05.
Equity benchmark indices traded higher by 0.8 per cent during early hours on Wednesday with metal stocks witnessing smart gains amid mixed global trends. At 10:15 am, the BSE SandP Sensex was up by 390 points or 0.78 per cent at 50,687 while the Nifty 50 edged higher by 125 points or 0.84 per cent to 15,044.Except for Nifty auto which slid slightly, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty metal up by 3.2 per cent, PSU bank by 1.7 per cent and realty by 1.2 per cent. Among stocks, Tata Steel rose by 5.5 per cent to Rs 775.80 per share while JSW Steel and Hindalco moved up by 4.1 per cent and 2.6 per cent respectively. The other prominent gainers were Adani Ports, Tata Motors, HDFC, State Bank of India, SBI Life, Axis Bank and UltraTech Cement.However, auto stocks skidded with Hero MotoCorp down by 1.5 per cent to Res 3,423.60 per share. Bajaj Auto slipped by 1.4 per cent, Maruti Suzuki by 1.3 per cent, Mahindra and Mahindra by 0.6 per cent and Eicher Motors by 0.1 per cent. Ircon International was down by 5.8 per cent as the offer for sale opened for up to 16 per cent government stake at a floor price of Rs 88 per share in the railway PSU. Meanwhile, Asian shares edged higher as investors shrugged off concerns that stocks may have rallied too far too fast in the past year. MSCI's broadest index of Asia Pacific shares outside Japan was up by 0.44 per cent. Japan's Nikkei stock index rose only 0.03 per cent and shares in China gained by 0.63 per cent.
Equity benchmark indices maintained momentum despite lacklustre trading on Tuesday on the back of auto and IT stocks amid positive global trends. The BSE SandP Sensex closed 447 points or 0.9 per cent higher at 50,297 while the Nifty 50 advanced by 158 points or 1.07 per cent to 14,919. Except for Nifty PSU bank which dipped slightly, all sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 3.2 per cent, IT by 3 per cent and FMCG by 1.4 per cent. Among stocks, Tata Motors jumped by 5.1 per cent to Rs 345.15 per share. Mahindra and Mahindra gained by 4.6 per cent, Hero MotoCorp by 3.9 per cent and Bajaj Auto by 3.5 per cent.
Equity benchmark indices traded firm during early hours on March 01 on the back upbeat global sentiment and India getting technically out of recession with Q3 GDP data showing 0.4 per cent growth. At 10:15 am, the BSE SandP Sensex was up by 735 points or 1.5 per cent at 49,806 while the Nifty 50 edged higher by 210 points or 1.45 per cent to 14,739. All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 2.2 per cent, financial service by 2 per cent, private bank by 1.8 per cent and IT by 1.5 per cent. Among stocks, Hero MotoCorp surged by 3.7 per cent to Rs 3,334.40 per share and Mahindra and Mahindra by 3.5 per cent to Rs 835.30.
Rajasthan Health Minister Dr Raghu Sharma on March 08 informed that COVID-19 vaccination booths will be set up in Vidhan Sabha for MLAs and their families. "COVID-19 vaccination booths will be set up in Vidhan Sabha for MLAs and their families. I've requested 60 lakh more doses. We have been assured by the Centre of receiving required doses in March," said Rajasthan Health Minister.
Children's Minister Vicky Ford says the government has been looking "really closely" at the risk of teachers catching Covid once they return to classrooms this week.
However, it found they were at no greater risk than other key workers, and would not be prioritised for the vaccine. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The district administration of Uttar Pradesh's Moradabad city has arranged a special facility for women on the occasion of International Women's Day. They commenced women special 'COVID-19 vaccination center' on March 08. The vaccination center at District Mahila Chikitsalaya is fully owned by female staff including doctors, nurses, compounders, security personnel and housekeeping staff.
Equity benchmark indices cracked further on Friday amid weak Asian cues with banking and auto majors taking a hit. The BSE S-P Sensex closed 435 points or 0.85 per cent lower at 50,890 while the Nifty 50 edged slipped by 137 points or 0.91 per cent to 14,982. All sectoral indices at the National Stock Exchange were in the red with Nifty PSU bank down by 4.7 per cent, auto by 2.6 per cent and metal by 1.9 per cent. Among stocks, Hero MotoCorp lost by 3.7 per cent to Rs 3,390.75 per share while Tata Motors skidded by 3.5 per cent, Bajaj Auto by 2.7 per cent and Eicher Motors by 2.5 per cent.
Equity benchmark indices were down on September 30. At 10:00 am, the BSE was down by 95 points or 0.25 per cent and was trading at 37,876, while Nifty was trading also dipped by 7 points or -0.06 per..
Equity benchmark indices climbed up by 1 per cent during early hours on Monday tracking positive trends in Asian markets. At 10:15 am, the BSE S-P Sensex was up by 379 points or 1.01 percent at 37,768..