Value buying lifts equities; banking stocks rise (Ld)
By IANS |
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Stock Market. (IANS Infographics). Image Source: IANS News
New Delhi, May 21 : Value buying along with healthy buying in the banking stocks lifted the key domestic indices during Friday s late-afternoon trade session.
At 1.50 p.m., the S&P BSE Sensex traded at 50,227.28, higher by 662.42 points, or 1.34 per cent, from its previous close.
Similarly, the Nifty50 of the National Stock Exchange traded at 15,096.55, up 190.50 points, or 1.28 per cent, from its previous close.
Both the indices opened on a positive note and have maintained their gains.
Globally, the US market on Thursday closed slightly higher after consecutive few days of correction in the market.
Fears over an economic slowdown as well as negative global cues subdued India s benchmark stock indices during the afternoon trade session on Thursday.At 1.20 p.m., the S&P BSE Sensex traded at 49,841.92, lower by 60.72 points, or 0.12 per .
Declining Covid trend pushes equities higher; Sensex above 50K
Declining Covid trend pushes equities higher; Sensex above 50K
Last Updated: Tue, May 18th, 2021, 17:00:37hrs
Mumbai: A steady decline in new Covid cases along with accelerated vaccination drive powered the rise of India s benchmark stock indices during the mid-afternoon trade session on Tuesday.
Accordingly, both key indices started on a positive note with a gap up opening and maintained their gains with the Nifty50 of the National Stock Exchange breaching the over 15,100 points-mark and the S& BSE Sensex reclaiming the 50,000-points threshold.
Globally, robust trends were witnessed across Asian stock markets.
Equities rise on lower Covid numbers, banking stocks shine
By IANS |
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Bombay Stock Exchange. (File Photo: IANS). Image Source: IANS News
Mumbai, May 17 : India s key stock markets maintained their solid gains during the late-afternoon trade session on Monday on the back of healthy buying witnessed banking and financial sector.
Both the key indices kick-started the week on a positive note with a gap up opening.
Among sectors, banking, financial services and auto space witnessed healthy buying, where as marginal losses were seen in pharma, metal and media indices.
At around 3 p.m., the S&P BSE Sensex traded at 49,570.05, higher by 837.5 points or 1.72 per cent from its previous close.
Global cues subdue equities; IT stocks fall
By IANS |
Published on
Tue, May 11 2021 15:06 IST |
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Bombay Stock Exchange. (File Photo: IANS). Image Source: IANS News
Mumbai, May 11 : India s benchmark equity indices traded in the red during the mid-afternoon session on Tuesday on the back of weak global cues.
However, the two indices had a gap down opening on account of weak global cues.
Accordingly, domestic sentiment were marred by negative signals from other Asian markets.
Besides, investors were concerned after Fitch Ratings stated that there are increasing indications that India s latest wave of Covid-19 infections would increase risks among financial institutions (FIs) by weakening near-term momentum in the economic recovery.