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MARKET LIVE: Indices extend gains, Sensex up 300 pts; IT, auto stocks rally
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MARKET LIVE | Markets | ITC
SI Reporter |
Last Updated at July 28, 2020 12:18 IST
EVENT HIGHLIGHTS
The Indian equity markets climbed higher on Tuesday, tracking gains from its Asian peers.
The S&P BSE Sensex was trading around 38,275.02 levels, up over 300 points and the Nifty50 index trading above the 11,200-mark.
Individually, Tech Mahindra surged over 6 per cent in the intra-day trade after its June quarter profit before tax rose 32.9 per cent sequentially to Rs 1,283 crore. READ MORE
IndusInd Bank also gained over 2 per cent ahead of its quarterly results. READ MORE
Meanwhile, YES Bank tanked another 10 per cent in early deals.
The trend among Nifty sectoral indices was green, led by Nifty IT index, up 1.3 per cent.
In the broader market, the S&P BSE MidCap index was at 13,630.60 level, up 0.48 per cent, while the S&P BSE SmallCap index was at 12,888, up 0.38 per cent.
The S&P BSE Sensex was trading around 38,275.02 levels, up over 300 points and the Nifty50 index trading above the 11,200-mark.
Individually, Tech Mahindra surged over 6 per cent in the intra-day trade after its June quarter profit before tax rose 32.9 per cent sequentially to Rs 1,283 crore. READ MORE
IndusInd Bank also gained over 2 per cent ahead of its quarterly results. READ MORE
Meanwhile, YES Bank tanked another 10 per cent in early deals.
The trend among Nifty sectoral indices was green, led by Nifty IT index, up 1.3 per cent.
In the broader market, the S&P BSE MidCap index was at 13,630.60 level, up 0.48 per cent, while the S&P BSE SmallCap index was at 12,888, up 0.38 per cent.
Results today
Besides, a total of 132 companies, including IndusInd Bank, UltraTech Cement, and Nestle India, are scheduled to announce their results today.
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