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

Credit: newKerala.com- Published on August 5, 2020

Video credit: ANI
Published on August 5, 2020 -  01:04
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.

You are here

Related videos from verified sources

Sensex crashes by 839 points on geopolitical tensions, bank stocks hit badly 01:15
Credit: ANI - Published on August 31, 2020 

Equity indices gain 1%, Future Retail up 20% 01:03
Credit: ANI - Published on August 31, 2020 

Equity indices spurt with rally in banking scrips, IndusInd up 12 pc 01:13
Credit: ANI - Published on August 28, 2020 

Related news from verified sources

on August 12, 2020 • newKerala.com

Equity indices finished higher on Tuesday with the benchmark BSE sensex rising over 700 points led by gains in banking and financial stocks amid positive global...
on August 4, 2020 • IndiaTimes

You might like