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Profit booking in banking stocks shave off early gains

ANI 

Equity benchmark indices rose sharply on Friday but quickly shed most of the early gains as traders booked profits in stocks which had made handsome gains a day earlier.

At 11:15 am, the BSE Sensex was up 27 points at 38,572 while the NSE gained 5 points at 11,575.

Shares of surged 8 per cent on the National Stock Exchange after its holdings company entered into a definitive merger agreement with

The other gainers were Vedanta, JSW Steel, Tata Steel, Tata Motors, Lupin and &

Those which lost ground included IndusInd Bank, ICICI Bank, Titan, and

The most active stocks were State Bank of India, SBI Life, and

Meanwhile, Asian shares traded higher in the first half on revived hopes of progress in US-trade talks.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 29 2019. 11:19 IST
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