scorecardresearch
Friday, March 29, 2024
Support Our Journalism
HomeANI Press ReleasesBanking, metal stocks lead rally at bourses

Banking, metal stocks lead rally at bourses

Follow Us :
Text Size:

Hindalco surged by 4.2 pc on Tuesday morning to Rs 416.80 per share.

Mumbai (Maharashtra) [India], July 27 (ANI): Equity benchmark indices gained marginally during early hours on Tuesday with banking and metal scrips clocking handsome gains.

At 10:15 am, the BSE S&P Sensex was trading higher by 137 points or 0.26 per cent at 52,990 while the Nifty 50 moved up by 43 points or 0.27 per cent to 15,868.

Sectoral indices at the National Stock Exchange were mixed with Nifty metal gaining by 1.7 per cent, PSU bank by 1.6 per cent and realty by 1.2 per cent. But Nifty IT and pharma dipped slightly.

Among stocks, Hindalco surged by 4.2 per cent to Rs 416.80 per share while Tata Steel gained by 1.9 per cent and JSW Steel by 1.7 per cent. The other prominent gainers were State Bank of India, ICICI Bank, Bajaj Finance and HDFC Life.

However, Axis Bank slipped by 1 per cent. Tech Mahindra, HDFC, Wipro, Bharti Airtel, Britannia and Sun Pharma too traded with a negative bias.

Meanwhile, Asia’s stock markets fell to fresh troughs led by a third straight session of heavy selling in Chinese internet giants ahead of the Federal Reserve policy meeting.

MSCI’s broadest index of Asia Pacific shares outside Japan fell 0.25 per cent to its lowest level since mid-December.

The Hong Kong benchmark fell 0.59 per cent, its third day of declines. Japan’s Nikkei rose 0.35 per cent. (ANI)

This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular