ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Equity gauges up on firm global cues, Hindalco top gainer

Mumbai (Maharashtra) [India], March 18 (ANI): Equity benchmark indices were in the green during early hours on Thursday tracking strong global cues after the US Federal Reserve projected a rapid jump in economic growth this year.

ANI Mar 18, 2021 10:19 IST googleads

Hindalco was up by 3 pc on Thursday morning to Rs 336.20 per share.

Mumbai (Maharashtra) [India], March 18 (ANI): Equity benchmark indices were in the green during early hours on Thursday tracking strong global cues after the US Federal Reserve projected a rapid jump in economic growth this year.
At 10:15 am, the BSE S&P Sensex was up by 299 points or 0.6 per cent at 50,100 while the Nifty 50 edged higher by 95 points or 0.64 per cent to 14,816.
Except for Nifty IT which dipped marginally, all other sectoral indices at the National Stock Exchange were in the positive zone. Nifty metal rose by 1.8 per cent while Nifty PSU bank was up by 1.7 per cent.
Among stocks, Hindalco was up by 3 per cent to Rs 336.20 per share while Tata Steel rose by 2.3 per cent. Bajaj Finance ticked up by 2.7 per cent, IndusInd Bank by 1.9 per cent and ICICI Bank by 1.8 per cent.
The other major gainers were Tata Motors, Maruti Suzuki, Mahindra & Mahindra, ONGC and Larsen & Toubro.
However, Infosys dropped by 1.6 per cent. HCL Technologies, Dr Reddy's and Britannia also traded with a negative bias.
Meanwhile, Asian shares rose after the US Federal Reserve committed to maintaining accommodative monetary policy and projected a rapid jump in US economic growth this year as Covid-19 crisis eases.
MSCI's broadest index of Asia Pacific shares outside Japan rose by 0.99 per cent. Japan's Nikkei was up by 0.79 per cent while shares in South Korea and Hong Kong jumped by more than 1 per cent. (ANI)

Get the App

What to Read Next

Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

New Delhi [India], March 12: There is something quietly powerful about a window... It neither confines nor escapes. It simply allows us to look, to pause, to breathe between inner and outer worlds. In The Painted Window, multi-award-winning contemporary artist Nandita Desai turns this everyday architectural element into the soul of her fifth solo exhibition, transforming vintage and handcrafted windows into luminous works of art. Running from 16th to 21st March 2026 at the Kamalnayan Bajaj Art Gallery, Nariman Point, Mumbai, the exhibition brings together 50 artworks - windows that look outward at the world, and inward at memory and quiet reflection.

Read More
Business

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Pune (Maharashtra) [India], March 12: Car insurance renewal is often seen as a routine administrative task, but it is much more than that. It presents an excellent opportunity to review your existing policy, assess whether your coverage still matches your needs, and take steps to optimise your premium. By understanding the key factors that influence car insurance costs, such as vehicle value, driving history, add-ons, and usage patterns, you can make informed adjustments that reduce expenses without compromising protection. Thoughtful planning and small, strategic choices at renewal can help you save money, maintain comprehensive coverage, and enjoy greater peace of mind on the road.

Read More
Business

West Asia conflict continues to weigh down India's stock indices

West Asia conflict continues to weigh down India's stock indices

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Read More
Business

Hong Leong Islamic Bank Enters New Era as "HLB Islamic"

Hong Leong Islamic Bank Enters New Era as

Kuala Lumpur [Malaysia], March 12: As a strategic move to refresh and strengthen its core vision, Hong Leong Islamic Bank ("HLB Islamic" or the "Bank") is transitioning to a refreshed consumer-facing brand identity, now known as HLB Islamic, and a strengthened core proposition that approaches financial services not as a series of siloed products and transactions, but as total wealth stewardship through a Shariah-principle-guided life-cycle approach known as Hayat @ HLB Islamic. This evolution is rooted in the Bank's new philosophy, 'Timeless Principles Guiding Tomorrow's Wealth', introduced during its 20th anniversary last December to signal a new chapter in wealth stewardship.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.