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MARKET LIVE: Indices erase early losses; PSU banks, FMCG stocks in focus
LIVE markets: Majority of the Nifty sectoral indices were painted red, although the Nifty PSU Bank index ticked up 1.2 per cent
Topics
MARKET LIVE | Markets | Sensex
SI Reporter |
Last Updated at February 19, 2021 10:26 IST
EVENT HIGHLIGHTS
LIVE market updates: The Indian markets clawed their way out from the early lows to trade flat in Friday's morning deals, helped by buying in public sector banks and FMCG counters.
The S&P BSE Sensex was trading 23 points up at 51,350 levels, having earlier fallen to as low as 51,040. The Nifty50 index also reclaimed the 15,100-mark. PowerGrid and ICICI Bank declined 2 per cent, each, and were the top Sensex laggards, followed by NTPC, Bajaj Auto, and State Bank of India (all down 1%). On the other hand, Reliance Industries, and Hindustan Unilever ticked up over 1 per cent, each.
Majority of the Nifty sectoral indices were painted red, although the Nifty PSU Bank index bucked the trend and was up 1.2 per cent.
In the broader markets, the S&P BSE MidCap fell half a per cent while the S&P BSE SmallCap index was down 0.1 per cent.
Majority of the Nifty sectoral indices were painted red, although the Nifty PSU Bank index bucked the trend and was up 1.2 per cent.
In the broader markets, the S&P BSE MidCap fell half a per cent while the S&P BSE SmallCap index was down 0.1 per cent.
Corporate results today
Mahindra CIE Automotive, Asian Tea & Exports, Binani Industries, Chromatic India, Sunedison Infrastructure, Uniply Decor, Uniply Industries and Uniworth Securities are scheduled to announce their quarterly earnings today.
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