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.
At 12.21 pm S&P BSE Sensex fell by 408.43 points at 27,856.88 and Nifty50 was at 8,132.65 down by 121.15 points.
At 1:20 p.m., BSE Sensex slumped 1,038 points, or 3.5 per cent, to 28,780 levels, and the Nifty50 index hovered around 8,380 levels
At close, Sensex plunged over 1,709.58 points at 28,869.51. It had opened at 30,968.84 and touched an intra-day high of 31,101.77 earlier in the day.
The company in an official statement, said, LTI got listed in July 2016, and the company has grown rapidly.
Tech Mahindra was the top gainer with 2.77 per cent, followed by the TCS and HCL Tech by 2.11 and 1.52 per cent up on the BSE.
