Sensex closes 157 pts higher, Nifty near 11,850 as metal, bank stocks rally
All that happened in the markets today
 "bse, sensex, bombay stock exchange")
Benchmark indices ended higher for the second consecutive session on Wednesday, lifted by gains in metal stocks.
The benchmark S&P BSE Sensex settled 157 points, or 0.4 per cent, higher at 39,592, with Vedanta, Powergrid, Sun Pharma, YES Bank, and Tata Steel among the top gainers The broader Nifty50 index also crossed the 11,800-mark and closed the day at 11,848, up 51 points, or 0.43 per cent. About 1,418 shares advanced, 1,051 declined, and 170 remained unchanged on the NSE.
All the Nifty sectoral indices except Nifty IT and Nifty FMCG ended with gains, led by Nifty Metal, up 2.7 per cent, and Nifty PSU Bank index, up 1.88 per cent.
In the broader market, the S&P BSE MidCap index climbed 117 points, or 0.8 per cent, to 14,792, while the S&P BSE SmallCap was ruling around 14,175, up 66 points, or 0.47 per cent.
BUZZING STOCKS
Shares of SBI Life Insurance Company hit a 52-week high of Rs 715 per share, up 6 per cent intra-day, on the BSE on Wednesday with heavy buying being seen at the counter in respose to excessive bids being received for stake sale. The stock closed the day 6.17 per cent higher at Rs 716.55. READ MORE
Dewan Housing Finance Corporation (DHFL) shares dipped 9 per cent to Rs 68.70 on the BSE during intra-day trade on Wednesday after the company said it has defaulted on unsecured commercial paper (CP) of Rs 225 crore that matured on Tuesday. The stock, however, recovered to close 5.77 per cent higher at Rs 79.75. READ MORE
The benchmark S&P BSE Sensex settled 157 points, or 0.4 per cent, higher at 39,592, with Vedanta, Powergrid, Sun Pharma, YES Bank, and Tata Steel among the top gainers The broader Nifty50 index also crossed the 11,800-mark and closed the day at 11,848, up 51 points, or 0.43 per cent. About 1,418 shares advanced, 1,051 declined, and 170 remained unchanged on the NSE.
All the Nifty sectoral indices except Nifty IT and Nifty FMCG ended with gains, led by Nifty Metal, up 2.7 per cent, and Nifty PSU Bank index, up 1.88 per cent.
In the broader market, the S&P BSE MidCap index climbed 117 points, or 0.8 per cent, to 14,792, while the S&P BSE SmallCap was ruling around 14,175, up 66 points, or 0.47 per cent.
BUZZING STOCKS
Shares of SBI Life Insurance Company hit a 52-week high of Rs 715 per share, up 6 per cent intra-day, on the BSE on Wednesday with heavy buying being seen at the counter in respose to excessive bids being received for stake sale. The stock closed the day 6.17 per cent higher at Rs 716.55. READ MORE
Dewan Housing Finance Corporation (DHFL) shares dipped 9 per cent to Rs 68.70 on the BSE during intra-day trade on Wednesday after the company said it has defaulted on unsecured commercial paper (CP) of Rs 225 crore that matured on Tuesday. The stock, however, recovered to close 5.77 per cent higher at Rs 79.75. READ MORE
3:56 PM
Nifty sectoral indices at close
3:55 PM
Market at close
3:54 PM
Market at close
The S&P BSE Sensex ended at 39,592, up 157 points while the broader Nifty50 index settled at 11,848, up 51 points.
3:15 PM
Nifty Bank index gains over 1%
3:11 PM
Allahabad Bank zooms 19%
3:06 PM
NEWS ALERT | Manappuram Gen Fin promoter releases pledge on 45 lakh shares
3:03 PM
Shriram Group shares trade weak; Shriram City Union hits 52-week low
Shares of Shriram Group companies were trading weak, falling by up to 6 per cent, in intra-day trade on the BSE on Wednesday in intra-day trade, in an otherwise firm market. Shriram City Union Finance slipped 6 per cent to Rs 1,301, also its 52-week low, while Shriram Transport Finance Company (STFC) dipped 3 per cent to Rs 1,087 on the BSE in intra-day trade. In comparison, the benchmark S&P BSE Sensex was up 0.30 per cent at 39,552 points at 02:31 pm. READ MORE
3:02 PM
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3:02 PM
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3:01 PM
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Topics : MARKET WRAP
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First Published: Jun 26 2019 | 7:35 AM IST