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MARKET LIVE: Sensex rises 300 points; metals, FMCG stocks gain
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Markets | MARKET LIVE | IndiGo
SI Reporter |
Last Updated at August 11, 2020 10:31 IST
EVENT HIGHLIGHTS
The Indian markets rose over half a per cent on Tuesday, in line with a strong trend in other Asian indices.
The S&P BSE climbed 338 points to 38,520 levels and the Nifty50 index topped the 11,350-mark. ICICI Bank gained 2 per cent after the bank launched its qualified institutional placement (QIP), setting the floor price at Rs 351.36 per share. Besides, Axis Bank and Tata Steel (both up 2%) were among the other top gainers. On the other hand, Titan slipped over 4 per cent after the announcement of its June quarter results.
The S&P BSE climbed 338 points to 38,520 levels and the Nifty50 index topped the 11,350-mark. ICICI Bank gained 2 per cent after the bank launched its qualified institutional placement (QIP), setting the floor price at Rs 351.36 per share. Besides, Axis Bank and Tata Steel (both up 2%) were among the other top gainers. On the other hand, Titan slipped over 4 per cent after the announcement of its June quarter results.
All the Nifty sectoral indices were trading in the green, led by Nifty Metal index, up 2 per cent.
Results today
Today, a total of 90 companies, including RITES, Motherson Sumi, and Metropolis Healthcare, are scheduled to announce their June quarter results.
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