The rip-roaring rally in shares of private banks came to a halt as investors chose to book profits given the hefty gains so far in February. The Nifty Private Bank index closed 0.5 per cent lower led by losses in Axis Bank and ICICI Bank.
The benchmark indices were trading with minor gains in mid-morning trade. Metal shares witnessed some bit of value buying. At 11:28 IST, the barometer index, the S&P BSE Sensex, was up 95.95 points or 0.19% to 51,405.34. The Nifty 50 index added 17.65 points or 0.12% to 15,124.15.
In the broader market, the S&P BSE Mid-Cap index rose 0.51% and the S&P BSE Small-Cap index gained 0.92%.
The market breadth was strong. On the BSE, 1586 shares rose and 1059 shares fell. A total of 153 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 107,325,989 with 2,354,308 deaths. India reported 142,562 active cases of COVID-19 infection and 155,360 deaths while 104,96,308 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.
Domestic equity benchmarks ended near the day s high on Thursday. FMCG and metal shares advanced while banks and financial shares corrected. As per provisional closing data, the barometer index, the S&P BSE Sensex, rose 222.13 points or 0.43% to 51,531.52. The Nifty 50 index gained 66.80 points or 0.44% to 15,173.30.
The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.45%. The S&P BSE Small-Cap index gained 1.06%.
Buyers outnumbered sellers. On the BSE, 1741 shares rose and 1246 shares fell. A total of 139 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 10,73,58,295 with 23,54,837 deaths. India reported 1,42,562 active cases of COVID-19 infection and 1,55,360 deaths while 1,05,73,372 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.
The domestic equity barometers were trading almost flat in mid-afternoon trade. At 14:22 IST, the barometer index, the S&P BSE Sensex, was up 23.91 points or 0.05% to 47,770.13. The Nifty 50 index rose 1 point or 0.01% to 13,982.95.
The S&P BSE Sensex hit a record high of 47,865.56 while the Nifty index hit 14,010.15 in morning trade.
The broader market was trading firm. The S&P BSE Mid-Cap index rose 0.25% while the S&P BSE Small-Cap index gained 0.39%.
Buyers outpaced sellers. On the BSE, 1734 shares rose and 1191 shares fell. A total of 171 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 8,27,09,354 with 18,05,035 deaths. India reported 2,57,656 active cases of COVID-19 infection and 1,48,738 deaths while 98,60,280 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.
The domestic equity barometers continued to trade with decent gains in mid-morning trade. At 11:22 IST, the barometer index, the S&P BSE Sensex, was up 266.53 points or 0.57% to 47,240.07. The Nifty 50 index added 88.40 points or 0.64% at 13,837.65.
Investor sentiment was upbeat after President Trump signed a $2.3 trillion pandemic aid while the U.K. and the E.U. struck a a Brexit trade deal last week.
The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index rose 0.98% while the S&P BSE Small-Cap index added 1.25%.
Buyers outpaced sellers. On the BSE, 1917 shares rose and 786 shares fell. A total of 167 shares were unchanged.