Here's how the Markets opened as the Sun rose
Advertisement
Advertisement
The Nifty showed a modest uptick in early deals on Wednesday as stocks bounced back on short covering by bears after three days of intense selling. Overall, the mood remains downbeat on Dalal Street.The
Indiabulls Housing Finance, HDFC and Larsen were the top traded counters on the
There were modest gains on broader indices. The CNX 100, CNX 200, CNX 500, CNX Midcap and CNX Small Cap Indices rose between 0.2-0.4 percent. The Bank Nifty inched up marginally. Auto stocks remained under pressure post tepid August sales numbers. The CNX FMCG and CNX IT Indices posted gains, exhibiting the defensive nature of the market.
The Sensex rose 57 points, or 0.2 percent, to 25,753 points on the Bombay Stock Exchange. ITC, Lupin, TCS and Sun Pharma were top gainers on the Index while Hero Motors, ONGC, Vedanta and GAIL slipped in trade. The Advance-Decline Ratio was 18/12.
Advertisement
State Bank of India, Tata Steel and Larsen were the top traded stocks on the Sensex.
The mood was upbeat at the start of trade in the futures and options segment with 124 stock futures rising compared with 35 that fell. Reliance Communications, DLF and Reliance Capital futures were the top gainers while Cairn, ONGC and United Breweries came under selling pressure.
Majesco, Tata Coffee and Essar Oil made it to the top volume buzzers list while Dishman Pharmaceuticals hit a fresh high on the NSE.
Image credit: Indiatimes
Advertisement
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador