Healthy Q2 results’ expectation lift equities; Nifty50 breaches 18K-mark
In terms of sectors, Media, Realty, PSE, Energy and Auto gained the most.
In terms of sectors, Media, Realty, PSE, Energy and Auto gained the most.
The domestic market declined in line with the Asian stocks over concerns of rising cases of Delta variant of Covid-19 and its impact on the global economy.
The top gainers on the Sensex were UltraTech Cement, HDFC Bank, and Bajaj Finance, while the only losers were ICICI Bank, Titan Company, Kotak Mahindra Bank, and ITC.
The Indian stock market rose in line with the Asian indices. Healthy buying was witnessed in metal, finance and banking stocks.
Trading at the Nifty50 was halted at 11:40 a.m. and resumed only at 3:30 p.m. after a glitch resulted in stopping of rate updates.
The Index Maintenance Sub-Committee (IMSC) of NSE Indices decided to make the changes, based on the semi-annual review of indices.
HDFC, Axis Bank, PowerGrid, SBI, Bajaj Finserv and Bharti Airtel were among other top laggards that pulled down the Sensex from gaining.
Stock exchanges in Europe were trading with significant losses in early deals.
Asian Paints was the top laggard in the Sensex pack, falling around 5 per cent, followed by Bajaj Finance, HDFC, IndusInd Bank, Axis Bank and Kotak Bank.
HDFC was the top gainer in the Sensex pack, surging over 5 per cent, followed by M&M, L&T, Tata Steel, Bajaj Finance, HDFC Bank and Sun Pharma.
