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MARKET LIVE: Sensex inches higher, up 100 points; Nifty Auto index gains 2%
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MARKET LIVE | Markets | US Federal Reserve
SI Reporter |
Last Updated at September 16, 2020 10:38 IST
EVENT HIGHLIGHTS
A broker monitors share prices while trading at a brokerage firm in Mumbai. (File photo: Reuters)
The Indian markets inched higher in Wednesday's morning deals after a flat opening, lifted mainly by auto stocks .
The S&P BSE Sensex added 140 points at 39,190 levels and the Nifty50 index topped the 11,550-mark. Mahindra & Mahindra (up 5%) was the top Sensex gainer, followed by Larsen & Toubro, and Bajaj Auto (all up 3%). On the other hand, State Bank of India and Axis Bank were trading half a per cent lower.
Aurobindo Pharma rose 4 per cent in early deals after the company announced its collaboration with Council of Scientific and Industrial Research to develop vaccines to protect against Covid-19.
The trend among Nifty sectoral indices was largely positive, led by Nifty Auto index, up 2 per cent.
In the broader market, the S&P BSE MidCap and SmallCap indexes were trading 0.4 per cent higher, each.
The S&P BSE Sensex added 140 points at 39,190 levels and the Nifty50 index topped the 11,550-mark. Mahindra & Mahindra (up 5%) was the top Sensex gainer, followed by Larsen & Toubro, and Bajaj Auto (all up 3%). On the other hand, State Bank of India and Axis Bank were trading half a per cent lower.
Aurobindo Pharma rose 4 per cent in early deals after the company announced its collaboration with Council of Scientific and Industrial Research to develop vaccines to protect against Covid-19.
The trend among Nifty sectoral indices was largely positive, led by Nifty Auto index, up 2 per cent.
In the broader market, the S&P BSE MidCap and SmallCap indexes were trading 0.4 per cent higher, each.
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