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Indices bounce back; Nifty near 15,600

The benchmark indices bounced back in positive terrain in afternoon trade, tracking firm global cues. At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 74.95 points or 0.14% at 52,012.39. The Nifty 50 index gained 13.35 points or 0.09% at 15,596.15. Housing Development Finance Corporation (HDFC) (up 1.18%), Bajaj Finance (up 1.78%) and State Bank of India (SBI) (up 1.74%) boosted the indices. The broader market traded lower. The S&P BSE Mid-Cap index lost 0.11%. The S&P BSE Small-Cap index fell 0.28%. Sellers outnumbered buyers. On the BSE, 1,211 shares rose and 1,812 shares fell. A total of 133 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 2,412.39 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 179.78 crore in the Indian equity market on 31 May 2021, provisional data showed.

Ex-Citi CEO Pramit Jhaveri, Noel Tata contenders for Tata Sons board

Read more about Ex-Citi CEO Pramit Jhaveri, Noel Tata contenders for Tata Sons board on Business Standard. Former CEO of Citi India Pramit Jhaveri and Tata Groups Noel Tata are the top contenders for positions on Tata Sons board as they get vacated

Prakash Industries standalone net profit rises 185 57% in the March 2021 quarter

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