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MARKET WRAP: Sensex rises for 5th day, ends 304 pts higher; Titan gains 4%

All that happened in the markets today

SI Reporter New Delhi
BSE, Markets
Photo: Kamlesh Pednekar

2 min read Last Updated : Oct 07 2020 | 4:11 PM IST

4:11 PM

MARKET COMMENT | Vinod Nair, Head of Research at Geojit Financial Services

"Observation is that the main indices have almost reached the last high, in context with a bounce in the global and domestic economy. Going ahead the market may turn a bit volatile, in the short-term, as it will be difficult to maintain the momentum given important upcoming events of the US election and Q2 result season. Secondary indices of mid and small caps are under some resistance, as investors are risk-averse at these levels. Stock wise positive or negative performance is expected to continue as per the expectation and actual performance of Q2FY21 result."

3:43 PM

SECTOR WATCH | Nifty Metal slips over 1.5%

3:42 PM

MARKET AT CLOSE | Gainers and losers on the S&P BSE Sensex

3:36 PM

CLOSING BELL

The S&P BSE Sensex climbed 304 points, or 0.77 per cent to settle at 39,879 while NSE's Nifty ended at 11,739, up 76 points, or 0.66 per cent.

3:26 PM

MARKET CHECK

3:17 PM

NEWS ALERT | Natural Gas marketing reforms approved by the Cabinet

>> Have approved standardised bidding process for gas prices, says Oil Minister;
>> Producers will have the choice to opt for the platform, says Minister

(as reported by CNBC-TV18)

3:16 PM

Sun Pharma slips nearly 2%

3:02 PM

Adarsh Hegde takes over as MD of Allcargo Logistics firm Gati-KWE

Allcargo Logistics today announced the appointment of Adarsh Hegde as the managing director of Gati-KWE, one of the key arms of the recently acquired Gati Ltd.
 
Gati-KWE is 70:30 joint venture between Gati Ltd and Kintetsu World Express (KWE) of Japan. Alongside, Hegde will continue to be the joint managing director of Allcargo Logistics. READ MORE

3:01 PM

Heatmap: S&P BSE Sensex gainers and losers at this hour

2:55 PM

Thyrocare, Dr Lal PathLabs: Healthcare stocks can rally more, charts show

Shares of healthcare services companies traded firm on Wednesday on the expectation of strong earnings in the July-September quarter (Q2FY21). Thyrocare Technologies, Metropolis Healthcare, and Dr. Lal PathLabs hit their respective record highs and were up 9 per cent to 17 per cent on the BSE in intra-day trade. In comparison, the S&P BSE Sensex traded 0.79 per cent higher at 39,887 levels in the afternoon deals. READ MORE

2:50 PM

Sector Watch :: Nifty Realty index slips around 2%

2:45 PM

BSE Smallcap index trades flat with a negative bias

2:40 PM

Vedanta tanks 15% on heavy volume; logs sharpest intra-day fall since March

At 02:17 pm, the stock was trading 9 per cent lower at Rs 125.65, as compared to 0.89 per cent rise in the S&P BSE Sensex. Trading volumes on the counter jumped over six-fold. Till 02:18 pm, a combined 91 million equity shares, representing 2.6 per cent of total equity of Vedanta, had changed hands on the NSE and BSE. READ MORE

2:31 PM

Oil India jumps around 7.5%

2:23 PM

MARKET CHECK

Topics :MarketsTCSMajescoDixon TechnologiessbiMARKET WRAP

First Published: Oct 07 2020 | 7:53 AM IST