ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Equity indices in positive zone, auto and realty stocks look up

Mumbai (Maharashtra) [India], Feb 5 (ANI): Equity benchmark indices traded higher during early hours on Wednesday following gains in global markets.

ANI Feb 05, 2020 10:19 IST googleads

Tata Motors gained by 4.4 pc on Wednesday morning at Rs 173.05 per share

Mumbai (Maharashtra) [India], Feb 5 (ANI): Equity benchmark indices traded higher during early hours on Wednesday following gains in global markets.
Meanwhile, investors awaited the outcome of Reserve Bank of India's six-member Monetary Policy Committee (MPC) meet to see if it will cut key interest rates again a day later after keeping status quo in the previous policy.
At 10:15 am, the BSE S&P Sensex was up by 183 points to 40,972 while the Nifty 50 ticked up by 52 points at 12,032. Most sectoral indices at the National Stock Exchange were in the green with Nifty realty up by 1.7 per cent and auto by nearly 1 per cent.
Among stocks, Tata Motors accelerated by 4.4 per cent at Rs 173.05 per share while Mahindra and Mahindra was up by 1.8 per cent and Bajaj Auto by 1.6 per cent.
Reliance Industries continued its Tuesday's pace and was up by 1.3 per cent at Rs 1,444.55 per share.
The other prominent gainers were UPL, Bharti Infratel, HCL Technologies and Britannia.
However, Zee Entertainment fell by 3.2 per cent, Adani Ports by 1.8 per cent, ITC by 1.4 per cent and Hero MotoCorp by 1.3 per cent. IT majors Infosys and Wipro were down by 1.2 per cent and 1 per cent respectively along with Yes Bank which dipped by 0.8 per cent.
Meanwhile, Asian stocks steadied on hopes of additional Chinese stimulus to lessen the economic impact of a coronavirus outbreak. The illness continues to spread and the death toll neared 500.
MSCI's broadest index of Asia Pacific shares outside Japan was up by 0.3 per cent while Japan's Nikkei stock index rose by 1.19 per cent. Shares in China rose by 0.5 per cent while stocks in Hong Kong climbed by 0.42 per cent in early trading. (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

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

HUFT Partners with Tata Trust Small Animal Hospital

HUFT Partners with Tata Trust Small Animal Hospital

Mumbai (Maharashtra) [India], March 12: Heads Up For Tails (HUFT), India's most loved pet care brand, has launched a dedicated store within the Tata Trust Small Animal Hospital in Mumbai, marking a meaningful step in the brand's mission to support pets at every stage of their health journey.

Read More
Business

Nifty down 250 pts, Sensex lost 800 pts in opening as crude surge

Nifty down 250 pts, Sensex lost 800 pts in opening as crude surge

Indian stock markets opened 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

Oil Marketing Companies to ration LPG supplies amid West Asia con

Oil Marketing Companies to ration LPG supplies amid West Asia con

Due to the current West Asia geopolitical situation and blockade on LPG imports, available supplies are being carefully rationed to ensure wider coverage, with domestic households being the top priority. The three major state-run oil marketing companies (OMCs) have initiated a judicial distribution strategy to manage the available Liquefied Petroleum Gas (LPG) stocks.

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

Copyright © aninews.in | All Rights Reserved.