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MARKET LIVE: Sensex gains 200 points, Nifty reclaims 10,500, BoB surges 9%
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Topics
MARKET LIVE | Markets | Asian Paints
SI Reporter |
Last Updated at June 24, 2020 09:41 IST
EVENT HIGHLIGHTS
Indian benchmark indices rose over half a per cent on Wednesday, tracking firm cues from global peers.
The S&P BSE Sensex gained 241 points at 35,670 levels and the Nifty50 index reclaimed the psychological level of 10,500. Asian Paints climbed over 3 per cent post its March quarter results announcement and was the top Sensex gainer. Besides, Bajaj Finance and ITC also rose 2 per cent each. On the other hand, HCL Tech dipped 1.2 per cent.
Bank of Baroda shot up 9 per cent in opening deals after reporting a profit of Rs 507 crore in the March quarter of FY20 (Q4FY20).
The S&P BSE Sensex gained 241 points at 35,670 levels and the Nifty50 index reclaimed the psychological level of 10,500. Asian Paints climbed over 3 per cent post its March quarter results announcement and was the top Sensex gainer. Besides, Bajaj Finance and ITC also rose 2 per cent each. On the other hand, HCL Tech dipped 1.2 per cent.
Bank of Baroda shot up 9 per cent in opening deals after reporting a profit of Rs 507 crore in the March quarter of FY20 (Q4FY20).
The trend among Nifty sectoral indices, except Nifty Realty index, was positive, led by Nifty PSU Bank index, up 1.3 per cent.
The broader market was performing marginally better than the benchmarks. Both the S&P BSE MidCap and SmallCap index were trading 0.4 per cent higher.
Results today
Today, a total of 85 companies, including the likes of Canara Bank, Indian Oil Corporation, GAIL, and India Cements, are scheduled to announce their March quarter earnings.
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