Equity benchmark indices wiped out early losses on Thursday and closed in the positive terrain led by gains in pharma counters.
The BSE SandP Sensex closed 92 points or 0.19 per cent higher at 49,584 while the Nifty 50 ticked up by 31 points or 0.21 per cent to 14,596.
Sectoral indices at the National Stock Exchange were mixed with Nifty pharma gaining by 0.8 per cent, FMCG by 0.7 per cent and auto by 0.3 per cent.
Among stocks, Hindustan Aeronautics surged by 9.5 per cent after the government approved procurement of 83 indigenously developed light combat aircraft Tejas for Indian Air Force at a cost of Rs 48,000 crore.
Meanwhile, Japanese stocks jumped to a three-decade high and other Asian equities were near record peaks as investors focused on US stimulus prospects and extended bets on global recovery and growth.
The S-P BSE Sensex crossed historical milestone of 50,000 in Thursday's session as benchmark indices scaled fresh lifetime highs but closed 0.4 per cent lower as traders booked profit in the last hour of trading. At the closing bell, however, the S-P BSE Sensex was down by 167 points or 0.34 per cent at 49,625 while the Nifty 50 tumbled by 54 points or 0.37 per cent to 14,590. Except for Nifty auto, all sectoral indices at the National Stock Exchange closed in the negative zone with Nifty PSU bank losing by 3.1 per cent, realty by 2.5 per cent and metal by 2 per cent.
Equity benchmark indices scaled fresh lifetime high levels on Wednesday led by heavy buying in IT, auto and public sector bank stocks. The BSE SandP Sensex closed 394 points or 0.8 per cent higher at 49,792 while the Nifty 50 advanced by 124 points or 0.85 per cent to 14,645. Except for Nifty FMCG, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty IT moving up by 2.2 per cent, auto by 2.4 per cent and PSU bank by 2.1 per cent. Among stocks, Tata Motors accelerated by 6 per cent to Rs 274.40 per share. Maruti Suzuki was up by 2.9 per cent and Mahindra and Mahindra by 2.2 per cent.
Equity benchmark indices were in the green during early hours on Wednesday with Nifty IT surging by 2.4 per cent. At 10:15 am, the BSE SandP Sensex was up by 175 points or 0.35 per cent at 49,574 while the Nifty 50 surged by 58 points or 0.4 per cent to 14,579. Except for Nifty FMCG and financial service, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty IT advancing by 2.4 per cent, auto by 0.9 per cent and pharma by 0.5 per cent. Among stocks, Wipro was up by 3.1 per cent to Rs 443.60 per share while Tech Mahindra gained by 2.7 per cent, HCL Technologies by 2.2 per cent, Infosys by 2 per cent and Tata Consultancy Services by 1.7 per cent. Tata Motors accelerated by 3.9 per cent to Rs 268.90 per share. HDFC Life, Eicher Motors and Hero MotoCorp too traded with a positive bias. However, Grasim, NTPC, GAIL, UPL, Hindalco, IndusInd Bank and ITC were in losses.
In the ongoing Indo-French wargames Desert Knight-21, Chief of Defence Staff (CDS) General Bipin Rawat will undertake a sortie in the French Rafale fighters on.. IndiaTimes
Four French Rafale fighter jets landed in Jodhpur for exercise Desert Knight-21. The jets landed in Jodhpur after flying directly for around four hours from the Djibouti airbase using their A-330 multirole tanker transport aircraft which also landed there. The Indian Air Force (IAF) kick started the first major international wargames involving its Rafale fighter jets in Jodhpur on January 20 with their French counterparts. Exercise Desert Knight-21 is being held at Jodhpur Air Force Station from January 20 to January 24. The French are participating with Rafale, Airbus A-330 Multi-Role Tanker Transport (MRTT), A-400M Tactical Transport aircraft and approximately 175 personnel. The IAF aircrafts participating in the exercise include Mirage 2000, Su-30 MKI, Rafale, IL-78 Flight Refuelling Aircraft, AWACS and AEW&C aircraft. The exercise marks an important milestone in the series of engagements between the two air forces. Watch the full video for more.
Credit: HT Digital Content Duration: 01:45Published
Four French Rafale fighter aircraft were seen landing at the Jodhpur Air Force base to participate in 'Exercise Desert Knight-2021' on January 20. Four French Rafale aircrafts will participate in the wargames with the Indian Air Force's Rafale fighter jets. Also, Airbus 330 multirole tanker transport aircraft of French Air Force landed here for 'Exercise Desert Knight-2021'.
Equity benchmark indices logged new all-time highs during early hours on Wednesday with banking and energy stocks clocking substantial gains. At 10:15 am, the BSE SandP Sensex was up by 166 points or 0.34 per cent at 49,683 while the Nifty 50 edged higher by 59 points or 0.4 per cent to 14,622. Most sectoral indices at the National Stock Exchange were in the green zone with Nifty PSU bank gaining by 2.2 per cent and auto by 1.1 per cent. Nifty IT and pharma dipped marginally. Among stocks, Bharat Petroleum Corporation rose by 4.2 per cent to Rs 419.65 per share while ONGC ticked up by 3.5 per cent, IndianOil Corporation by 2.7 per cent and NTPC by 2.1 per cent.
Equity benchmark indices edged lower during early hours on Tuesday on the back of weak global cues and concerns over the recent spike in coronavirus infections. At 10:15 am, the BSE SandP Sensex was down by 198 points or 0.41per cent at 47,979 while the Nifty 50 slipped by 55 points or 0.39 percent to 14,078. Most sectoral indices at the National Stock Exchange were in the negative terrain with Nifty metal dropping by 1.4 per cent, PSU bank by 1.1 per cent and auto by 0.9 per cent. Among stocks, metal stocks suffered with Hindalco retreating by 1.9 per cent to Rs 249.25 per share while JSW Steel and Tata Steel dropped by 1.8 per cent and 1.4 per cent respectively. Tata Motors lost by 2.7 per cent, ONGC by 2.2 per cent, Mahindra and Mahindra by 1.7 per cent and Indian Oil Corporation by 1.5 per cent.
Equity benchmark indices traded lower during early hours on Thursday dragged by technology stocks. At 10:15 am, the BSE S-P Sensex was down by 199 points or 0.4 per cent at 49,293 while the Nifty 50 slipped by 48 points or 0.33 per cent to 14,517.Sectoral indices at the National Stock Exchange were mixed with Nifty IT dipping by 2.1 per cent. Banking and FMCG were in the green. Among stocks, Wipro dropped by 3.7 per cent to Rs 441.65 per share as traders booked profits. HCL Technologies and Infosys fell by 3.2 per cent each, and Tech Mahindra by 2 per cent.
Equity benchmark indices extended early losses to close one per cent lower on January 15 amid broad-based selling as traders booked profit. The BSE SandP Sensex wound up the day 549 points or 1.11 per cent lower at 49,035 while the Nifty 50 slipped by 162 points or 1.11 per cent to 14,434. All sectoral indices at the National Stock Exchange were in the red with Nifty IT and PSU bank down by 2.1 per cent, realty by 1.8 per cent, pharma by 1.6 per cent and metal by 1.1 per cent. Among stocks, IT majors had a tough day with Tech Mahindra dropping by 3.9 per cent to Rs 1,011 per share while HCL Technologies cracked by 3.7 per cent and Wipro by 3.6 per cent.
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