ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Equity indices on upward swing, financial and realty stocks spurt

Mumbai (Maharashtra) [India], October 6 (ANI): Equity benchmark indices traded higher during early hours on Tuesday as Asian stock markets rose to a two-week high after US President Donald Trump was discharged from hospital following treatment for COVID-19.

ANI Oct 06, 2020 10:20 IST googleads

Tata Motors was up by 6.9 pc on Tuesday morning at Rs 143.20 per share. [File image]

Mumbai (Maharashtra) [India], October 6 (ANI): Equity benchmark indices traded higher during early hours on Tuesday as Asian stock markets rose to a two-week high after US President Donald Trump was discharged from hospital following treatment for COVID-19.
For investors, prospects for a fresh US stimulus package appeared to brighten.
At 10:15 am, the BSE S&P Sensex was up by 352 points or 0.9 per cent at 39,326 while the Nifty 50 gained by 96 points or 0.84 per cent at 11,600.
Sectoral indices at the National Stock Exchange were mixed with Nifty realty moving up by 2.8 per cent, financial service by 1.6 per cent and private bank by 1 per cent.
Among stocks, Tata Motors was the top gainer after moving up by 6.9 per cent to Rs 143.20 per share. Housing loan major HDFC ticked up by 4.8 per cent, HDFC Bank by 1.6 per cent and IndusInd Bank by 1.5 per cent.
Realty major DLF advanced by 2.9 per cent and Oberoi Realty gained by 1.2 per cent. The other prominent gainers were Mahindra & Mahindra, Asian Paints, Adani Ports and UPL.
However, IT stocks dipped with Wipro, Tata Consultancy Services and Infosys losing by over 1 per cent each.
Meanwhile, Asian stock markets rose to a two-week high after US President Donald Trump was discharged from hospital following treatment for coronavirus and as prospects for a fresh US stimulus package appeared to brighten.
One of his doctors though cautioned that he may not be out of the woods yet.
MSCI's broadest index of Asia Pacific shares outside Japan rose by 0.71 per cent to a two week-high led by Hong Kong climbing by 0.88 per cent. Japan's Nikkei also added 0.41 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

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Business

Indian envoy in Shanghai meets Ant Group top official

Indian envoy in Shanghai meets Ant Group top official

Consulate General of India in Shanghai Pratik Mathur on Thursday met Carrie Suen, Vice President and Head of Global Affairs and Strategic Development of Ant Group.

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

Copyright © aninews.in | All Rights Reserved.