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MARKET LIVE: Indices hold gains, Sensex up 450 pts; India VIX cools off 8%
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SI Reporter |
Last Updated at April 23, 2020 13:13 IST
EVENT HIGHLIGHTS
Indian equity markets were trading higher on Thursday on the back of positive global cues
The S&P BSE Sensex rose 450 points, or 1.4 per cent, to 31,820 and the Nity50 index was around 9,320 levels. Among individual stocks, Titan declined 3 per cent after Goldman Sachs downgraded the stock to 'sell'. Zee Entertainment, on the other hand, hit 10 per cent upper circuit. Kotak Mahindra Bank, up 5 per cent, was the top gainer in the Sensex pack.
All the Nifty sectors were in the green, led by Nifty Metal index, up 2.8 per cent.
Broader indices outperformed the benchmarks with both the S&P BSE MidCap as well as SmallCap indexes up over 2 per cent each.
The S&P BSE Sensex rose 450 points, or 1.4 per cent, to 31,820 and the Nity50 index was around 9,320 levels. Among individual stocks, Titan declined 3 per cent after Goldman Sachs downgraded the stock to 'sell'. Zee Entertainment, on the other hand, hit 10 per cent upper circuit. Kotak Mahindra Bank, up 5 per cent, was the top gainer in the Sensex pack.
All the Nifty sectors were in the green, led by Nifty Metal index, up 2.8 per cent.
Broader indices outperformed the benchmarks with both the S&P BSE MidCap as well as SmallCap indexes up over 2 per cent each.
RESULTS TODAY
In the earnings department, a total of seven companies including Britannia, Bharti Infratel, and Hathway Cable are scheduled to announce their March quarter results today.
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