According to market observers, broadly positive global indices and healthy buying in banking, metal and automobile sector stocks supported equity indices’ upward trajectory.
All the sectoral indices led by realty, healthcare, PSU, bank and capital goods leading the gains, rising by up to 1.50 per cent. The National Stock Exchange index Nifty too rallied by 51.15 points, or 0.52 per cent, to trade at 9,816.70.
he gauge had lost 536.61 points in the previous two sessions. The NSE Nifty was up 74.10 points, or 0.75 per cent, at 9,828.45 in early trade.
On similar lines, the National Stock Exchange index Nifty dropped by 73.95 points or 0.74 per cent to 9,830.20.
Infosys CEO Vishal Sikka resignation: The development unfolded after a war of words between Infosys and its founders and some former executives who were unhappy with various decisions taken by the board.
The 30-share Sensex zoomed 321.86 points or 1.02 per cent to close at 31,770.89, its highest closing since August 9, when it had closed at 31,797.84. Intra-day, the gauge shuttled between 31,805.99 and 31,399.35.
The NSE 50-share Nifty also traded higher by 11.55 points, or 0.12 per cent, to 9,805.70 at 1100 hours. Major gainers were ITC 2.12 per cent, HUL 1.66 per cent, HDFC 1.46 per cent, Heromotocorp 1.23 per cent and Tata Motors 0.96 per cent.
The 50-share Nifty bounced 83.35 points, or 0.86 per cent, to 9,794.15 at the close. Stock exchanges will remain closed tomorrow for Independence Day.
The BSE Sensex remained in the negative zone and settled down 317.74 points, or 1.01 per cent, at 31,213.59, its weakest closing since July 4. The index had tumbled 794.08 points in the last four sessions.
The BSE 30-share Sensex remained in the negative zone and settled down 317.74 points, or 1.01 per cent, at 31,213.59, it’s weakest closing since July 4.
The index has now lost 527.57 points in three sessions. The NSE Nifty also remained under pressure and was down 70.50 points, or 0.71 per cent, to close at 9,908.05. Intra-day, it cracked below the 9,900-mark to touch 9,893.05.
Falling for the third straight session, the 30-share index dropped by 158.30 points, or 0.49 per cent, to 31,855.89 with sectoral indices, led by realty, healthcare, capital goods, FMCG and bank, were trading in the negative terrain with losses up to 2 per cent.
The regulator’s directive came after the corporate affairs ministry shared a list of 331 listed companies that are suspected to be shell entities and could even face “compulsory delisting”
Besides, auto, capital goods, teck, healthcare, IT and realty stocks were among the big gainers. The benchmark BSE Sensex gained 70.10 points, or 0.21 per cent, to 32,343.77. It had lost 51.74 points in yesterday’s trade.
The NSE Nifty was quoting 19.10 points or 0.19 per cent higher at 10,085.50. Barring IT and teck, all the sectoral indices, led by metal, realty, bank and auto were trading in the positive terrain with gains up to 1.03 per cent.