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Equity indices in the green, FMCG and IT stocks gain


Equity indices in the green, FMCG and IT stocks gain

New Delhi, Mar 05 (ANI): Equity benchmark indices traded with a positive bias during early hours on Thursday as global markets swung higher with central banks offering interest rate cuts to stabilise economic outlook amid spreading coronavirus. At 10:15 am, the BSE S-P Sensex was up by 94 points to 38,503 while the Nifty 50 edged higher by 24 points at 11,275.

Most sectoral indices at the National Stock Exchange were in the positive terrain with Nifty FMCG gaining by 1.6 per cent, IT by 1.04 per cent and pharma by 0.8 per cent. Among stocks, Hindustan Lever ticked up by 2.9 per cent at Rs 2,240 per share and Britannia by 2 per cent at Rs 3,127.20 apiece.

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