Financials stocks edge higher
Financials stocks were trading in green, with the S&P BSE Finance index increasing 60.14 points or 1.13% at 5371.68 at 09:54 IST.
Among the components of the S&P BSE Finance index, Magma Fincorp Ltd (up 3.53%), LIC Housing Finance Ltd (up 3.49%),Lakshmi Vilas Bank Ltd (up 3.31%),Repco Home Finance Ltd (up 3.13%),Bandhan Bank Ltd (up 2.99%), were the top gainers. Among the other gainers were BF Investment Ltd (up 2.9%), Bank of Baroda (up 2.77%), PTC India Financial Services Ltd (up 2.49%), Indiabulls Housing Finance Ltd (up 2.42%), and IndusInd Bank Ltd (up 2.41%).
On the other hand, Pilani Investment & Industries Corporation Ltd (down 3.59%), Reliance Capital Ltd (down 3.5%), and Satin Creditcare Network Ltd (down 1.54%) turned lower.
At 09:54 IST, the S&P BSE Sensex was up 472.84 or 1.19% at 40351.79.
The Nifty 50 index was up 137.55 points or 1.17% at 11876.4.
The S&P BSE Small-Cap index was up 86.58 points or 0.58% at 15135.9.
The S&P BSE 150 Midcap Index index was up 28.18 points or 0.57% at 5015.5.
On BSE,1126 shares were trading in green, 656 were trading in red and 92 were unchanged.
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First Published: Oct 08 2020 | 10:00 AM IST