Equity indices gain on supportive global cues, IndusInd Bank top gainer

Video Credit: ANI
Published on August 25, 2020 - Duration: 01:22s

Equity indices gain on supportive global cues, IndusInd Bank top gainer

Equity benchmark indices traded higher for the fourth consecutive opening session on Tuesday due to supportive global cues and gains in Asian markets.

The gains were driven by positive news flows surrounding the COVID treatment and vaccine besides statements from both China and the United States that top-level trade representatives held constructive talks over the future of phase one trade deal.

At 10:15 am, the BSE S-P Sensex was up by 118 points or 0.3 per cent at 38,917 while the Nifty 50 gained by 29 points or 0.26 per cent at 11,496.Except for Nifty IT and FMCG, all sectoral indices at the National Stock Exchange were in the positive terrain with Nifty PSU bank gaining by 1.9 per cent, financial service by 0.9 per cent and auto by 1 per cent.

Among stocks, IndusInd Bank climbed up by 2.8 per cent to Rs 544.15 per share while ICICI Bank and Axis Bank advanced by 1.5 per cent and 1.2 per cent respectively.

State Bank of India too was up by 2.2 per cent.

Bajaj Finance and Bajaj Finserv ticked up by 1.7 per cent and 1.3 per cent respectively while Eicher Motors continued its upward march by gaining 2.6 per cent to Rs 2,233.80 per share.Tata Motors, Maruti and Mahindra - Mahindra too traded with a positive bias.

However, those which lost were Tech Mahindra, HCL Technologies, Cipla, Sun Pharma, Nestle India and JSW Steel.

You are here

💡 newsR Knowledge: Other News Mentions

Coronavirus disease 2019

Infectious respiratory disease caused by severe acute respiratory syndrome coronavirus 2
The paper-strip uses cutting-edge CRISPR gene-editing technology to identify and target the genetic material of SARS-CoV-2, the virus that causes Covid-19 in..
Credit: IndiaTimes - Published 2 hours ago

In the last six months, the Indian Air Force has flown more than 160 hours for supporting the missions of Defence Research and Development Organisation for..
Credit: DNA - Published 2 hours ago

Astronauts are voting from space, millions are mailing ballots and patients battling COVID-19 are voting from their hospital beds ... welcome to the 2020..
Credit: TMZ.com - Published 2 hours ago

National Stock Exchange of India

Stock exchange in Mumbai

State Bank of India

Indian public sector bank
SBI Clerk Prelims 2020 results have been declared on 20th October 2020. Candidates who appeared in the exams can check their results on the official SBI website,..
Credit: DNA - Published 2 days ago

Related videos from verified sources

Opening bell: Equity gauges jump over 1 pc led by gains in IT stocks 01:21
Video credit: ANI - Published 2 weeks ago 

Closing Bell: Bulls run continues on bourses, auto stocks gain 01:09
Video credit: ANI - Published 2 weeks ago 

You might like