Equity indices flat as India-China tensions simmer\, banking stocks slip

Equity indices flat as India-China tensions simmer, banking stocks slip

Video Credit: ANI - Duration: 01:14s - Published
Equity indices flat as India-China tensions simmer, banking stocks slip

Equity indices flat as India-China tensions simmer, banking stocks slip

Equity benchmark indices were flat during early hours on Thursday as border tensions between India and China continued to simmer while COVID-19 infections surged.At 10:15 am, the BSE SandP Sensex was up by 68 points or 0.2 per cent at 33,576 while the Nifty 50 edged higher by 18 points or 0.19 per cent at 9,900.

Sectoral indices at the National Stock Exchange were mixed amid lacklustre trading.

Among stocks, private banks slipped with ICICI Bankdown by 1.1 per cent to Rs 338.10 per share.

Kotak Mahindra Bank dipped by 0.9 per cent, Axis Bank by 0.8 per cent and IndusInd Bank by 0.6 per cent.

The others which lost were ONGC, Adani Ports, NTPC, Larsen and Toubro and Bajaj Auto.

However, those which gained marginally were UPL, Bajaj Finserv, ITC, Vedanta, Britannia and Dr Reddy's.

Meanwhile, Asian stocks fell as spiking coronavirus cases in several US states and China pushed back hopes of a quick global economic recovery from the pandemic.

MSCI's broadest index of Asia Pacific shares outside Japan lost by 1 per cent.

Japan's Nikkei was down by 1.3 p

0
shares
 


Tweets about this

epiloguepress

Epilogue News Network Equity indices flat as India-China tensions simmer, banking stocksĀ slip https://t.co/VBYewN2CjV 45 minutes ago

desktrading

DeskTrading Equity indices flat as India-China tensions simmer - The Siasat Daily https://t.co/9dG5yOq4pj 4 hours ago

dev_discourse

Devdiscourse Equity indices flat as India-China tensions simmer, banking stocks slip https://t.co/y3Qbjdn92o 4 hours ago

desktrading

DeskTrading Equity indices flat in early trading, IndusInd Bank up 3.3 pc - Yahoo India News https://t.co/UvEZPeNncH 1 week ago