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MARKET LIVE: Sensex up 400 pts, Nifty above 11,100; HDFC Bank gains 2%
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MARKET LIVE | Markets Sensex Nifty | COVID-19
SI Reporter |
Last Updated at July 21, 2020 10:35 IST
EVENT HIGHLIGHTS
Brokers trade at their computer terminals at a stock brokerage firm in Mumbai
The domestic stock market opened on a positive note on Tuesday amid across-the-board buying and firm global cues.
The S&P BSE Sensex was ruling over 400 points or over 1 per cent higher at 37,856 levels while the NSE's Nifty50 was trading 112.5 points or 1 per cent higher at 11,135 points.
Among individual stocks, ICICI Bank was up 2.6 per cent and was the top gainer on the Sensex, followed by Power Grid and Ultratech Cement.
FMCG major HUL was trading nearly 0.5 per cent higher at Rs 2,341.35 ahead of its June quarter numbers later in the day.
On the sectoral front, all the indices on the NSE were trading in the green. Nifty PSU Bank was up over 2 per cent at 1,472.40 levels.
In the broader market, the S&P BSE MidCap index gained 0.78 per cent higher at 13,761 levels while the S&P BSE SmallCap index was trading at 13,020, up 0.8 per cent.
The S&P BSE Sensex was ruling over 400 points or over 1 per cent higher at 37,856 levels while the NSE's Nifty50 was trading 112.5 points or 1 per cent higher at 11,135 points.
Among individual stocks, ICICI Bank was up 2.6 per cent and was the top gainer on the Sensex, followed by Power Grid and Ultratech Cement.
FMCG major HUL was trading nearly 0.5 per cent higher at Rs 2,341.35 ahead of its June quarter numbers later in the day.
On the sectoral front, all the indices on the NSE were trading in the green. Nifty PSU Bank was up over 2 per cent at 1,472.40 levels.
In the broader market, the S&P BSE MidCap index gained 0.78 per cent higher at 13,761 levels while the S&P BSE SmallCap index was trading at 13,020, up 0.8 per cent.
In the overnight trade, US stocks gained ground and surging technology shares pushed the Nasdaq to a record closing high, as promising trial results from potential Covid-19 vaccines boosted investor sentiment.
Over 60 companies, including Hindustan Unilever (HUL), Axis Bank, Bajaj Finance, Crisil, IndiaMART InterMESH, Polycab, and SBI Life, among others are slated to release their June quarter results later in the day.
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