The Sensex declined further and hit fresh intraday low in mid-morning trade. The Nifty managed to hold above the 15,000 mark. Metal shares witnessed profit booking after a two-day rising streak.
At 11:28 IST, the barometer index, the S&P BSE Sensex, was down 148.52 points or 0.30% to 50,044.81. The Nifty 50 index lost 37.15 points or 0.25% to 15,070.95.
The broader market was trading higher. The S&P BSE Mid-Cap index gained 0.61% while the S&P BSE Small-Cap index rose 0.51%.
The market breadth was strong. On the BSE, 1704 shares rose and 1075 shares fell. A total of 146 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 163,963,931 with 3,399,793 global deaths.
Domestic indices ended with decent gains on Friday amid positive global cues. The Nifty managed to close above the 14,800 mark after slipping below that level in intraday trade. PSU banks corrected while metals stocks extended rally on improved sectoral outlook.
The S&P BSE Sensex, rose 256.71 points or 0.52% to 49,206.27. The Nifty 50 index gained 98.35 points or 0.67% to 14,823.15.
The Sensex has risen 1.97% and the Nifty has climbed 2.25% in three consecutive sessions.
Global stock market advanced as investors welcomed an encouraging private jobs report from the United States that reinforced optimism that the world s top economy is well on the recovery track. The White House s support for a global waiver on patent protections for Covid-19 vaccines also cheered investors.
Domestic indices ended with decent gains on Friday amid positive global cues. The Nifty managed to close above the 14,800 mark after slipping below that level in intraday trade. PSU banks corrected while metals stocks extended rally on improved sectoral outlook.
The S&P BSE Sensex, rose 256.71 points or 0.52% to 49,206.27. The Nifty 50 index gained 98.35 points or 0.67% to 14,823.15.
The Sensex has risen 1.97% and the Nifty has climbed 2.25% in three consecutive sessions.
Global stock market advanced as investors welcomed an encouraging private jobs report from the United States that reinforced optimism that the world s top economy is well on the recovery track. The White House s support for a global waiver on patent protections for Covid-19 vaccines also cheered investors.
For sale of plates and coil mill divisionWelspun Corp has received a purchase consideration of Rs 225 crore as on 30 April 2021 from JSW Steel for sale of Plates and Coil Mill Division. The balance purchase consideration shall be received by the Company by 31 May 2021 subject to fulfillment of regulatory approvals and payment milestones as provided under the BTA.
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