Read more about Fugitive diamantaire Mehul Choksi s wife rallies behind husband on Business Standard. Choksi and his nephew Nirav Modi are accused in the Rs 13,500 crore Punjab National Bank fraud case.
The key equity indices ended with minor cuts on Wednesday. After recording heavy losses in the afternoon trade, the benchmarks sharply pared losses in late trade. PSU banks and metal shares rallied while IT and FMCG shares declined.
As per provisional closing data, the barometer index, the S&P BSE Sensex, declined 85.40 points or 0.16% to 51,849.48. The Nifty 50 index gained 1.35 points or 0.01% at 15,576.20.
The Nifty regained 15,500 level in late trade after hitting the day s low of 15,459.85 in afternoon trade.
The broader market was trading higher. The S&P BSE Mid-Cap index rose 1.75%. The S&P BSE Small-Cap index gained 1.29%.
Buyers outpaced sellers. On the BSE, 2153 shares rose and 964 shares fell. A total of 167 shares were unchanged.
Nifty PSU Bank index ended up 3.03% at 2485.55 today. The index has added 22.00% over last one month. Among the constituents, Central Bank of India rose 8.89%, Bank of Maharashtra jumped 8.67% and Punjab National Bank gained 5.64%.
The Nifty PSU Bank index has increased 103.00% over last one year compared to the 56.09% spike in benchmark Nifty 50 index. In other indices, Nifty Metal index increased 2.18% and Nifty Auto index gained 1.82% on the day. In broad markets, the Nifty 50 increased 0.01% to close at 15576.2 while the SENSEX has slid 0.16% to close at 51849.48 today.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Read more about Sensex slips 85 pts, Nifty ends flat; PSU banks rally on Business Standard. The key equity indices ended with minor cuts on Wednesday. After recording heavy losses in the afternoon trade, the benchmarks sharply pared losses in late trade. PSU banks and metal shares rallied while IT and FMCG shares declined.
On 10 June 2021The Board of NHPC will meet on 10 June 2021 to consider proposal for raising of Debt up to Rs 4300 crore during financial year 2021-22 through
issuance of corporate bonds in one or more series/tranches on private placement basis and/or raising of Term Loans/External Commercial Borrowings (ECB) in suitable tranches.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible n