MARKET WRAP: HDFC twins lift indices; Sensex up 601 pts, Nifty tops 11,650
All that happened in the markets today
)
The trend among Nifty sectoral indices was largely positive, led by the Nifty Financial Services index, up over 3 per cent.
The Indian stock market ended over one per cent higher on Tuesday, led by healthy buying in counters such as HDFC, HDFC Bank, ICICI Bank, Infosys, and Asian Paints.
The S&P BSE Sensex gained 601 points, or 1.54 per cent to settle at 39,575 levels and the Nifty50 index ended above the 11,650 mark at 11,662, up 159 points, or 1.38 per cent.
HDFC (up over 8%) and IndusInd Bank (up over 3%) were the top Sensex gainers, followed by M&M (up 3%), and Asian Paints (up 3%). On the other hand, Tata Steel (down over 1 per cent) ended as the biggest loser on the index.
The trend among Nifty sectoral indices was largely positive, led by the Nifty Financial Services index, up over 3 per cent.
In the broader market, the S&P MidCap and SmallCap indexes ended 0.59 per cent and 0.55 per cent higher, respectively.
Global markets
Asian stock markets advanced to a more than two-week high on Tuesday after US President Donald Trump was discharged from hospital following treatment for Covid-19, and as prospects for a fresh US stimulus package appeared to brighten.
In Europe, stocks eased from a two-week high as a slide in technology and healthcare stocks along with mixed corporate updates took some shine off equities.
In commodities, oil prices gained due to fears that refineries could be hit by a storm brewing in the Gulf of Mexico. Gold, on the other hand, eased as equities gained.
(With inputs from Reuters)
3:43 PM
Sectoral gainers and losers on the NSE
3:42 PM
MARKET AT CLOSE | Gainers and losers on the BSE Sensex
3:36 PM
CLOSING BELL
The S&P BSE Sensex rallied 601 points, or 1.54 per cent to settle at 39,575 while NSE's Nifty ended at 11,662, up 159 points, or 1.38 per cent.
3:28 PM
MARKET CHECK
3:21 PM
Tata Motors up over 8%
3:14 PM
AU Small Finance Bank trades 10% higher
3:10 PM
MARKET CHECK | BSE Midcap index up 0.6%
3:01 PM
Heatmap: S&P BSE Sensex gainers and losers at this hour
3:01 PM
Tata Steel slips nearly 2%
2:49 PM
MARKET UPDATE:: HDFC twins, ICICI Bank contribute the most to Sensex's 500-point surge today
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Oct 06 2020 | 7:41 AM IST