City
Epaper

Equity indices in the green on global cues, Tata Motors up 3.9 pc

By ANI | Updated: July 3, 2020 10:35 IST

Equity benchmark indices rose marginally during early hours on Friday in line with Asian peers with buying seen across IT and auto counters.

Open in App

Equity benchmark indices rose marginally during early hours on Friday in line with Asian peers with buying seen across IT and auto counters.

At 10:15 am, the BSE S&P Sensex was up by 106 points or 0.29 per cent at 35,949 while the Nifty 50 edged higher by 43 points or 0.41 per cent at 10,594.

Sectoral indices at the National Stock Exchange were mixed with Nifty IT gaining by 1 per cent, FMCG by 0.9 per cent and auto by 0.4 per cent.

Among stocks, Tata Motors ticked up by 3.9 per cent at Rs 105.50 per share while Bajaj Auto rose by 2.1 per cent to Rs 2,941. Wipro and Tata Consultancy Services gained by 1.5 per cent each while HCL Technologies was up by 1.4 per cent.

Reliance Industries edged higher by 0.83 per cent to Rs 1,775.15 per share after Intel Corp said it will invest Rs 1,894 crore in Jio Platforms in exchange for a 0.39 per cent stake, the latest big-ticket investment in its digital unit.

The other prominent gainers were Ad Ports, Hindustan Lever, Bharti Airtel and Asian Paints. But private lenders were on a weak wicket with IndusInd Bank down by 1.4 per cent, HDFC Bank by 0.9 per cent and ICICI Bank by 0.6 per cent.

Meanwhile, Asian shares rallied to a four-month high on robust US payrolls data and a brisk pickup in Chinese service sector activity.

MSCI's broadest index of Asia Pacific shares outside Japan rose by 0.5 per cent, reaching their highest level since late February, while Japan's Nikkei rose by 0.4 per cent.

( With inputs from ANI )

Tags: BSE SENSEXusasianifty
Open in App

Related Stories

BusinessStock Market Today: Sensex Jumps 2,500 Points Higher, Nifty Up 750 Points After US-Iran Ceasefire Deal

InternationalFlorida Shooting: US Rapper Offset Injured at Seminole Hard Rock Hotel & Casino in Hollywood; Two Detained

InternationalMajid Khademi Death: IRGC Intel Chief Killed in US-Israel Attack, Confirms Iran

BusinessStock Market Today: Sensex Falls 1,100 Points, Nifty Slides Below 22,500

InternationalLaGuardia Airport Plane Accident: At Least 2 Killed, Several Injured After Air Canada Express CRJ-900 Collides With Fire Truck on Runway

Business Realted Stories

BusinessPiyush Goyal discusses bilateral ties and trade with world leaders

BusinessCabinet approves over Rs 40,000 crore investment for two hydropower projects in Arunachal Pradesh

BusinessIndia's growth at 7.6 pc anchors slowdown of South Asia: World Bank​

BusinessWTO reform stalls, US pushes own trade path​

BusinessGujarat: GIFT City fund ecosystem expands sharply as commitments surge to $32.13 bn​