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Equity indices up on vaccine hopes, banking and financial stocks gain

Video Credit: ANI - Duration: 01:50s - Published
Equity indices up on vaccine hopes, banking and financial stocks gain

Equity indices up on vaccine hopes, banking and financial stocks gain

Equity benchmark indices were up by nearly one per cent during early hours on July 02 tracking gains in Asian peers as investors hoped of a vaccine for COVID-19.

At 10:15 am, the BSE SandP Sensex was up by 340 points or 0.96 per cent at 35,745 while the Nifty 50 edged higher by 97 points or 0.93 per cent at 10,527.All sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank gaining by 1.5 per cent, financial service and IT by 1.3 per cent each, and auto by 0.8 per cent.Among stocks, ONGC was the top gainer by moving up 3.4 per cent to Rs 83.20 per share.

IndusInd Bank and HDFC Bank rose by 2.5 per cent and 1.9 per cent respectively.The other prominent gainers were Mahindra and Mahindra, Hero MotoCorp, Infosys, Wipro and Grasim.

Among those in the red zone were UPL, Hindustan Lever, Britannia, Maruti Suzuki and Eicher Motors.

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Coronavirus disease 2019 Coronavirus disease 2019 Infectious respiratory disease caused by severe acute respiratory syndrome coronavirus 2

‘Donate oximeters’: Kejriwal suggests ways to support villages amid Covid-19 [Video]

‘Donate oximeters’: Kejriwal suggests ways to support villages amid Covid-19

Delhi Chief Minister Arvind Kejriwal urge people to donate oximeters in villages to support rural areas amid coronavirus pandemic. Kejriwal, in his press briefing on Independence Day, shared a few tips on Covid-19 containment and treatment. The Delhi CM said home-isolation has helped Delhi in tackling Coronavirus. Kejriwal urged people to come out and take responsibility as Covid-19 spreads in rural India. Kejriwal appealed to AAP workers to support villages and provide oximeters to those who need it. Oximeters help in measuring the oxygen level and are found to be extremely useful for coronavirus patients who in many cases battle breathlessness due to lack of oxygen. "My appeal to people is to donate to AAP as many oximeters as possible so that every AAP worker can take the responsibility of his village to measure the oxygen level of people who have fever or breathlessness. We can save the lives of people through oximeters," he said. The chief minister also advised states to implement Delhi's home isolation model that can help in their battle against coronavirus.

Credit: HT Digital Content    Duration: 07:51Published

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COVID-19: Arvind Kejriwal urges people to donate oximeters to AAP [Video]

COVID-19: Arvind Kejriwal urges people to donate oximeters to AAP

Chief Minister of Delhi, Arvind Kejriwal, on August 15 appealed to people to donate oximeters to Aam Aadmi Party (AAP) to fight against COVID-19. He said, "We all have to come together to fight COVID-19. I would appeal people to donate oximeters to Aam Aadmi Party (AAP) and we will send these oximeters to the villages where locals can use them as per need." Meanwhile, the total number of COVID-19 cases in national capital has reached 1,50,652.

Credit: ANI    Duration: 02:42Published
Watch: Chief Ministers across nation celebrate India's 74th Independence Day [Video]

Watch: Chief Ministers across nation celebrate India's 74th Independence Day

Chief Ministers across India celebrated the Independence Day. Maharashtra Chief Minister Uddhav Thackeray unfurled the tricolour on Saturday. Uttar Pradesh Chief Minister Yogi Adityanath hoisted the national flag at Lucknow's Vidhan Sabha. Odisha Chief Minister Naveen Patnaik took part in Independence Day celebrations. Delhi Chief Minister Arvind Kejriwal distributed sweets on the occasion. Haryana Chief Minister Manohar Lal Khattar hoisted the national flag in Panchkula. Assam Chief Minister Sarbananda Sonowal also celebrated Independence Day. Rajasthan Chief Minister Ashok Gehlot hoisted the national flag in Jaipur. Madhya Pradesh Chief Minister Shivraj Singh Chouhan celebrated the day at his residence. Jharkhand Chief Minister Hemant Soren hoisted the tricolour at Ranchi's Morabadi Ground. Soren also reviewed the Guard of Honour on the auspicious event. India is celebrating its 74th Independence Day on August 15. This year, curtailed celebrations have been planned in view of the Covid pandemic. Security has been tightened at borders and across the national capital. Additional cops have been deployed to maintain law and order situation.

Credit: HT Digital Content    Duration: 02:17Published

NIFTY 50 NIFTY 50 Indian stock market and benchmark index

Sensex opens with surge of 122 points [Video]

Sensex opens with surge of 122 points

The Sensex opened at 38,432 points, with a surge of 122 points on Friday. Nifty on the other hand, opened at 11,340 with a gain of 40 points. Currently, the Bombay Stock Exchange (BSE) is trading at 38,389, up by 78.30 points, while the Nifty is trading at 11,329, which is up by 28.95 points. Sun Pharma, Reliance, Larsen and Toubro were the top three gains in BSE currently, while in NSE Cipla, Sun Pharma and Shree Cement Limited were in top three in Nifty.

Credit: ANI    Duration: 01:07Published
Equity indices edge higher on positive global cues, IT and metal stocks gain [Video]

Equity indices edge higher on positive global cues, IT and metal stocks gain

Equity benchmark indices ticked up during early hours on August 13 with IT and metal stocks gaining ground. At 10:15 am, the BSE SandP Sensex was up by 76 points or 0.2 per cent at 38,446 while the Nifty 50 gained by 35 points or 0.31 per cent at 11,343. All sectoral indices at the National Stock Exchange were in the green with Nifty IT gaining by 1.2 per cent and metal by 1.8 per cent. Among stocks, Hindalco was up by 4.4 per cent to Rs 183.45 per share and JSW Steel by 2.5 per cent to Rs 263.45. IT majors too witnessed smart gains with Tech Mahindra moving up by 1.6 per cent, HCL Technologies by 1.5 per cent, Tata Consultancy Services by 1.2 per cent and Wipro by 1.2 per cent.

Credit: ANI    Duration: 01:20Published
Equity indices dip on weak global cues, pharma stocks hit [Video]

Equity indices dip on weak global cues, pharma stocks hit

Equity benchmark indices drifted lower during early hours on Wednesday amid weak global cues with pharma stocks losing the most. At 10:15 am, the BSE SandP Sensex was down by 181 points or 0.47 per cent at 38,226 while the Nifty 50 lost by 54 points or 0.48 per cent at 11,269. Sectoral indices at the National Stock Exchange were mixed with Nifty pharma slipping by 1.8 per cent, private bank by 0.7 per cent and IT by 0.6 per cent. But Nifty PSU bank gained by 3.5 per cent. Among stocks, Cipla fell by 1.9 per cent to Rs 762.65 per share while Sun Pharma was down by 2 per cent and Dr Reddy's by 1.3 per cent. The others which lost were Hindalco, Bajaj Finance, Kotak Mahindra Bank, Wipro and GAIL.

Credit: ANI    Duration: 01:11Published

National Stock Exchange of India National Stock Exchange of India Stock exchange in Mumbai

Equity indices edge higher as banking and metal stocks spurt [Video]

Equity indices edge higher as banking and metal stocks spurt

Equity benchmark indices traded with a positive bias on Tuesday as shares of private banks and metals advanced. The BSE S-P Sensex closed 225 points or 0.59 per cent higher at 38,407 while the Nifty 50 gained by 52 points or 0.46 per cent at 11,323. Most sectoral indices at the National Stock Exchange were in the green with Nifty private bank and metal gaining by 1.6 per cent each and financial service by 1 per cent. But Nifty pharma dipped by 1.4 per cent and IT by 0.5 per cent.

Credit: ANI    Duration: 01:12Published

Mahindra & Mahindra Mahindra & Mahindra Indian multinational automotive industry manufacturer.

Equity indices trade higher, pharma and auto stocks gain [Video]

Equity indices trade higher, pharma and auto stocks gain

Equity benchmark indices advanced by 0.8 per cent during early hours on Monday with pharma, auto and financial stocks in the lead. At 10:15 am, the BSE SandP Sensex was up by 300 points or 0.79 per cent at 38,341 while the Nifty 50 gained by 92 points or 0.82 per cent at 11,306. Except for Nifty metal which slipped marginally, all sectoral indices at the National Stock Exchange were in the green with Nifty pharma gaining by 3.3 per cent, financial service by 1.3 per cent and auto by 0.8 per cent. Among stocks, Cipla was up by 5.3 per cent to Rs 767.50 per share while Sun Pharma ticked up by 1.6 per cent to Rs 534.20. Mahindra and Mahindra gained by 4.3 per cent, Tata Motors by 1.8 per cent, Larsen and Toubro by 3.6 per cent, State Bank of India by 2.2 per cent and Kotak Mahindra Bank by 2 per cent. However, Maruti Suzuki slipped by 1.1 per cent, Hindalco by 0.8 per cent and Nestle India by 0.3 per cent.

Credit: ANI    Duration: 01:45Published
Equity indices gain marginally, auto and IT stocks shine [Video]

Equity indices gain marginally, auto and IT stocks shine

Equity benchmark indices advanced marginally during early hours on July 28 amid positive global cues with auto and metal stocks witnessing gains. At 10:15 am, the BSE SandP Sensex was up by 132 points or 0.35 per cent at 38,067 while the Nifty 50 gained 49 points or 0.44 per cent at 11,181. All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 1.9 per cent, IT by 1.2 per cent and metal by 1 per cent. Among stocks, Tech Mahindra surged 3.2 per cent to Rs 686.25 per share after the company's consolidated net profit increased by 21 per cent sequentially to Rs 972 crore in the June quarter. Tata Motors accelerated by 3.4 per cent to Rs 105.15 per share while Mahindra and Mahindra gained by 2.9 per cent, Hero MotoCorp by 2.2 per cent, Maruti by 1.8 per cent and Bajaj Auto by 1.7 per cent. The other major gainers were Adani Ports, Hindalco, Tata Consultancy Services and IndusInd Bank.

Credit: ANI    Duration: 01:15Published
Closing bell: Sensex jumps 466 points on global cues, auto and metal stocks gain [Video]

Closing bell: Sensex jumps 466 points on global cues, auto and metal stocks gain

Equity indices traded with a positive bias throughout on July 06 session amid a strong rally in all major sectors. At the closing bell, the BSE SandP Sensex was up by 466 points or 1.29 per cent at 36,487 while the Nifty 50 edged higher by 156 points or 1.47 per cent at 10,764.Nifty pharma slipped by 0.6 per cent but all other sectoral indices at the National Stock Exchange were in the green with Nifty auto gaining by 2.8 per cent, metal by 2.4 per cent, realty by 3 per cent, private bank by 1.5 per cent and finance service by 1.4 per cent. Among stocks, Mahindra and Mahindra witnessed a handsome gain of 7.4 per cent to Rs 569.70 per share. Tata Motors was up by 5.3 per cent and Maruti Suzuki by 3.4 per cent. Metal majors Hindalco and Tata Steel gained by 5.6 per cent and 2.7 per cent while index heavyweight Reliance Industries edged higher by 3.7 per cent to Rs 1,855 per share.

Credit: ANI    Duration: 01:13Published

Hero MotoCorp Hero MotoCorp Indian motorcycle and scooter manufacturer

Equities on downward swing, Reliance cracks by 1.8 pc [Video]

Equities on downward swing, Reliance cracks by 1.8 pc

Equity benchmark indices closed marginally lower on Friday in line with Asian peers following a record contraction in economic data from the United States. The BSE SandP Sensex was down by 129 points or 0.34 per cent at 37,607 while the Nifty 50 slipped by 29 points or 0.26 per cent at 11,073. Sectoral indices at the National Stock Exchange were mixed with Nifty pharma gaining by 3.5 per cent and PSU bank by 1.4 per cent. But Nifty financial service, private bank and auto were in the red. Among stocks, Reliance Industries lost by 1.84 per cent to Rs 2,070 per share on profit-booking, a day after it reported over 30 per cent jump in Q1 net profit at Rs 13,248 crore. Eicher Motors slipped by 2.7 per cent, Bajaj Auto by 1.6 per cent and Hero MotoCorp by 1.2 per cent. HDFC Bank, HDFC and HDFC Life lost by 1.6 per cent, 1.3 per cent and 1.2 per cent respectively. The other prominent losers were Kotak Mahindra Bank, Wipro and Asian Paints. However, Sun Pharma moved up 5.4 per cent to close at Rs 537.80 per share while Cipla witnessed a gain of Rs 5.1 per cent. JSW Steel, State Bank of India, Axis Bank, HCL Technologies and Tata Motors too traded in the green. Meanwhile, Asian shares slid as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment. US GDP collapsed at a 32.9 per cent annualised rate in the second quarter, the deepest decline on record, while jobless claims rose last week. Japan's Nikkei dropped by 2.82 per cent, Hong Kong's Hang Seng by 0.47 per cent and Seoul's Kospi by 0.78 per cent.

Credit: ANI    Duration: 01:17Published
Equity indices dither after weak opening, TCS flat after Q1 results [Video]

Equity indices dither after weak opening, TCS flat after Q1 results

Equity benchmark indices suffered slight cuts during early hours on Friday following a decline in global peers amid surging coronavirus cases. At 10:15 am, the BSE SandP Sensex was down by 36 points or 0.1 per cent at 36,702 while the Nifty 50 edged lower by 8 points or 0.07 per cent at 10,806. Nifty pharma was up by 1.5 per cent and auto by 0.8 per cent. All sectoral indices at the National Stock Exchange were in the red. Among stocks, private lenders IndusInd Bank and Axis Bank slipped by 1.7 and 1.1 per cent respectively while home loan lender HDFC was down by 1.4 per cent. Bharti Infratel dipped by 2.6 per cent, Adani Ports by 2.2 per cent, Tech Mahindra by 1.8 per cent, JSW Steel by 1.4 per cent and Hindalco by 1.2 per cent. Tata Consultancy Services was down by 0.5 per cent to Rs 2,193.05 per share after reporting nearly 14 per cent fall in its net profit at Rs 7,008 crore in the first quarter of the current financial year (Q1 FY21). However, Sun Pharma gained by 2.9 per cent to Rs 496 per share, Dr Reddy's by 1.2 per cent and Cipla by 1.1 per cent. Hero MotoCorp and Tata Motors traded with a positive bias while index heavyweight Reliance Industries was up by 1.1 per cent at Rs 1,844.70 per share. Meanwhile, Asian shares fell as record-breaking new coronavirus cases in several US states raised concerns that new lockdowns could derail an economic recovery. MSCI's broadest index of Asia Pacific shares outside Japan fell by 0.76 per cent while Japanese stocks declined by 0.4 per cent. Shares in China fell by 0.72 per cent, the first decline in more than a week, as investors booked profits on a surge in equities to a five-year high.

Credit: ANI    Duration: 01:06Published
Equity indices close in the green, Eicher Motors up 4.2 pc [Video]

Equity indices close in the green, Eicher Motors up 4.2 pc

Equity benchmark indices continued their upward momentum on Friday but the gains in IT and realty sectors were capped by PSU banks. At the closing bell, the BSE SandP Sensex was up by 178 points or 0.5 per cent at 36,021 while the Nifty 50 edged higher by 56 points or 0.53 per cent at 10,607. Sectoral indices at the National Stock Exchange were mixed with Nifty IT and realty gaining by 1 per cent each but PSU bank down by 0.9 per cent. Among stocks, Eicher Motors was up by 4.18 per cent at Rs 19,121 per share while Hero MotoCorp accelerated by 2.6 per cent, Bajaj Auto by 1.9 per cent and Tata Motors by 1.8 per cent. Adani Ports closed 4.1 per cent higher at Rs 361 per share. Tata Consultancy Services gained by 1.7 per cent while Bharti Airtel and Bharti Infratel were up by 4 per cent and 1.8 per cent respectively. Reliance Industries edged higher by 1.53 per cent to Rs 1,785.50 per share after Intel Corp said it will invest Rs 1,894 crore in Jio Platforms in exchange for a 0.39 per cent stake, the latest big-ticket investment in its digital unit. But metal stocks fell with JSW Steel and Tata Steel down by 1.7 per cent each and Hindalco by 1 per cent. IndusInd Bank, HDFC Bank, Bajaj Finance and Bajaj Finserv too traded with a negative bias. Meanwhile, Asian shares rallied to a four-month high on robust US payrolls data and a brisk pickup in Chinese service sector activity. Shanghai Composite closed 2.01 per cent higher. Japan's Nikkei rose by 0.72 per cent while Hong Kong's Hang Seng was up by 0.99 per cent.

Credit: ANI    Duration: 01:12Published

Infosys Infosys Global multinational provider of business consulting, information technology, software engineering and outsourcing services.

Equities close flat after choppy session, Asian Paints up 4.6 pc [Video]

Equities close flat after choppy session, Asian Paints up 4.6 pc

Equity benchmark indices ended flat after an extremely volatile trading session on Friday as the country's coronavirus infections crossed 20 lakh mark. At the closing bell, the BSE SandP Sensex was up by 15 points or 0.04 per cent at 38,041 while the Nifty 50 was up by 14 points or 0.12 per cent at 11,214. Sectoral indices at the National Stock Exchange were mixed with thing margins but Nifty IT dipped by over 1 per cent. Among stocks, HCL Technologies was down by 2.1 per cent to Rs 689.90 per share while Infosys cracked by 1.9 per cent to Rs 951.65, Wipro by 0.6 per cent to Rs 277.95 and Tata Consultancy Services by 0.5 per cent to Rs 2,295. Asian Paints gained by 4.6 per cent to close at Rs 1,807.80 per share

Credit: ANI    Duration: 01:18Published
Equities flat in early choppy trade, IT and pharma stocks in focus [Video]

Equities flat in early choppy trade, IT and pharma stocks in focus

Equity benchmark indices wobbled between gains and losses during early hours on July 31 in line with Asian peers following a record contraction in economic data from the United States. At 10:15 am, the BSE S-P Sensex was down by 113 points or 0.3 per cent at 37,623 while the Nifty 50 slipped by 31 points or 0.28 per cent at 11,071.Except for Nifty financial service, all sectoral indices at the National Stock Exchange were in the green with Nifty IT gaining by 1.8 per cent and pharma by 1.5 per cent. Among stocks, HCL Technologies ticked up by 2.8 per cent to Rs 715.05 per share while Tata Consultancy Services was up by 2.2 per cent and Infosys by 2 per cent. Cipla traded 3 per cent higher at Rs 706.40 per share. State Bank of India advanced by 2.5 per cent, ICICI Bank by 1.8 per cent, IndusInd Bank by 1.5 per cent and Axis Bank by 1.3 per cent. However, India's largest company in terms of market cap Reliance Industries lost by 2.5 per cent to Rs 2,055.80 per share on profit-booking, a day after it reported over 30 per cent jump in Q1 net profit at Rs 13,248 crore.

Credit: ANI    Duration: 01:22Published
Sensex cracks by 335 points but pharma stocks outperform [Video]

Sensex cracks by 335 points but pharma stocks outperform

Equity benchmark indices swung nearly 1 per cent lower during the afternoon session on July 30 ahead of the expiry day of monthly futures and options contracts. At the closing bell, the BSE S and P Sensex was down by 335 points or 0.88 per cent at 37,736 while the Nifty 50 lost 101 points or 0.9 per cent at 11,102. Most sectoral indices at the National Stock Exchange were in the red except for Nifty pharma which gained by 3.1 per cent and IT which crawled up by 0.6 per cent. Nifty bank slipped by 2 per cent, financial service by 1.8 per cent and metal by 1.2 per cent. Among stocks, energy majors were big losers with Bharat Petroleum Corporation down by 8 per cent to Rs 417.80 per share. IndianOil Corporation dipped by 4.1 per cent, ONGC by 2.4 per cent and Power Grid Corporation by 2.3 per cent. Banking scrips too witnessed losses with IndusInd Bank dipping by 5.4 per cent, Axis Bank by 3.4 per cent and State Bank of India by 2.4 per cent while home loan lender lost by 3.6 per cent. Pharma stocks, however, witnessed handsome gains with Dr Reddy's advancing by 4.6 per cent to close at Rs 4,500 per share. Sun Pharma and Cipla were up by 3.7 per cent and 0.8 per cent respectively. Wipro, Infosys, Vedanta, Maruti Suzuki, Britannia and Reliance Industries too traded with a positive bias. Meanwhile, Asian stocks were flat as the US Federal Reserve members voted to leave the target range for short-term rates between 0 and 0.25 per cent to support the country's virus-battered economy. Japan's Nikkei and Hong Kong's Hang Seng were down by 0.26 per cent and 0.69 per cent but South Korea's Kospi moved up by 0.17 per cent.

Credit: ANI    Duration: 01:29Published
Equity indices gain 0.5% as IT, pharma stocks rally [Video]

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.

Credit: ANI    Duration: 01:17Published

HDFC Bank Indian banking and financial services company

Equity indices on upswing led by metal, financial stocks [Video]

Equity indices on upswing led by metal, financial stocks

Equity benchmark indices surged for the third consecutive session during early hours on August 11 with metal and financial stocks leading the rally. At 10:15 am, the BSE SandP Sensex was up by 291 points or 0.76 per cent at 38,473 while the Nifty 50 gained by 77 points or 0.68 per cent at 11,347. Except for Nifty pharma which slipped marginally, all sectoral indices at the National Stock Exchange were in the green with Nifty metal gaining by 2.9 per cent, private bank by 1 per cent and financial service by 0.9 per cent. Among stocks, Tata Steel moved up by 3.8 per cent to Rs 426 per share while Hindalco gained by 3.6 per cent and JSW Steel by 3.2 per cent. The other prominent winners were HDFC, Axis Bank, ICICI Bank, Wipro, Asian Paints and ITC. However, Titan lost by 3.9 per cent a day after the jewellery-to-eyewear maker reported a net standalone loss of Rs 270 crore for the quarter ended June. It had reported a profit of Rs 371 crore in the year-ago period. one trade deal.

Credit: ANI    Duration: 01:17Published
Equity gauges edge higher, HDFC Bank gains 4.4% [Video]

Equity gauges edge higher, HDFC Bank gains 4.4%

Equity benchmark indices scaled up during early hours on August 04 with broad-based buying across financial, auto and other sectors. At 10:15 am, the BSE SandP Sensex was up by 319 points or 0.86 per cent at 37,259 while the Nifty 50 gained by 88 points or 0.81 per cent at 10,980. Except for Nifty IT, pharma and PSU bank, all sectoral indices at the National Stock Exchange were in the green with Nifty auto moving up by 1.4 per cent, financial service by 1.2 per cent and realty by 0.9 per cent. Among stocks, HDFC Bank was the top winner after climbing 4.4 per cent to Rs 1,046.50 per share. Index heavyweight Reliance Industries offset yesterday's losses and gained 1.7 per cent to Rs 2,043.25 per unit.

Credit: ANI    Duration: 01:13Published
Opening bell: Equity indices trade 1% lower, Bandhan Bank dips by 9.8% [Video]

Opening bell: Equity indices trade 1% lower, Bandhan Bank dips by 9.8%

Equity benchmark indices were on a weak wicket during early hours on August 03 tracking Asian peers as the global surge of new coronavirus cases showed no sign of abating. At 10:15 am, the BSE SandP Sensex was down by 416 points or 1.11 per cent at 37,191 while the Nifty 50 slipped by 113 points or 1.02 per cent at 10,961.Except for Nifty metal and auto, all sectoral indices at the National Stock Exchange were in the red with Nifty private bank down by 2 per cent, financial service by 1.3 per cent and realty by 1.1 per cent. Among stocks, shares of Bandhan Bank slid by 9.8 per cent to Rs 311.30 per share after reports said that its 34.56 crore shares -- or 21.5 per cent of total equity -- exchanged hands in 27 large trades. IndusInd Bank was down by 3.7 per cent, Kotak Mahindra Bank by 3.1 per cent, Axis Bank by 1.8 per cent and HDFC Bank by 1.7 per cent. Bajaj Finance too slipped by 1.7 per cent at Rs 3,194.95 per share. The other prominent losers were UPL, HDFC Life, ONGC and Cipla.

Credit: ANI    Duration: 01:14Published
Equity indices in red, pharma and banking scrips dip [Video]

Equity indices in red, pharma and banking scrips dip

Equity benchmark indices slipped during early hours on Monday mainly due to losses witnessed in pharma and banking stocks. At 10:15 am, the BSE SandP Sensex was down by 271 points or 0.71 per cent at 37,858 while the Nifty 50 slipped by 94 points or 0.84 per cent at 11,101. Except for Nifty IT which moved up by 0.3 per cent, all sectoral indices at the National Stock Exchange were in the red with Nifty pharma, PSU bank and private bank down by over 2 per cent each while financial service slipped by 1.8 per cent and auto by 1 per cent. Among stocks, ICICI Bank lost by 3.7 per cent to Rs 367.35 per share despite its Q1 FY21 profit showing a growth of 36 per cent at Rs 2,599 crore. HDFC Bank was down by 2.9 per cent, IndusInd Bank by 1.8 per cent, Axis Bank by 1.5 per cent and State Bank of India by 1.8 per cent. Pharma giants Sun Pharma and Cipla were down by 1.9 per cent each.

Credit: ANI    Duration: 01:15Published

IndusInd Bank

Equity indices gain 1% on global cues, metal stocks shine [Video]

Equity indices gain 1% on global cues, metal stocks shine

Equity benchmark indices were on upswing during early hours on August 05 amid positive global cues with metal and banking stocks leading the rally. At 10:15 am, the BSE SandP Sensex was up by 408 points or 1.08 per cent at 38,096 while the Nifty 50 gained by 105 points or 0.95 per cent at 11,201. All sectoral indices at the National Stock Exchange were in the green with Nifty metal moving up by 2.2 per cent, private bank by 1.5 per cent and financial service by 1.2 per cent. Among stocks, Hindalco was the top gainer by adding 3.6 per cent at Rs 168.20 per share while Tata Steel was up by 2 per cent to Rs 380.20.Private lenders Axis Bank and IndusInd Bank edged higher by 3 per cent and 2.2 per cent respectively while State Bank of India ticked up by 2.1 per cent.Bajaj Finance and Bajaj Finserv were up by 2.5 per cent and 2.1 per cent. The other prominent gainers were UltraTech Cement and Grasim.However, FMCG majors Nestle India, Hindustan Unilever and ITC were in the negative terrain along with Power Grid Corporation and Dr Reddy's.

Credit: ANI    Duration: 01:04Published

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