City
Epaper

Sensex hovers around 57K mark, IT stocks in focus

By Lokmat English Desk | Updated: August 31, 2021 12:49 IST

Equity benchmark indices lay flat during early hours on Tuesday but traders showed buying interest in IT scrips.

Open in App

Equity benchmark indices lay flat during early hours on Tuesday but traders showed buying interest in IT scrips.

At 10:15 am, the BSE S&P Sensex was up by 99 points or 0.17 per cent at 56,988 while the Nifty 50 rose by 23 points or 0.13 per cent to 16,954.

Sectoral indices were mixed with Nifty IT up by 0.6 per cent. But Nifty auto, metal, pharma and bank were in the red.

Among stocks, HCL Technologies advanced by 0.5 per cent to Rs 1,169.20 per share while Tata Consultancy Services rose by 0.4 per cent and Tech Mahindra by 0.6 per cent.

The other major gainers were Bharti Airtel which gained by 2.3 per cent, Asian Paints, Ad Ports, Sun Pharma, Eicher Motors and Tata Steel.

But auto majors Tata Motors, Mahindra & Mahindra and Hero MotoCorp skidded by thin margins along with Reliance Industries and State Bank of India.

Meanwhile, Asia stock markets opened lower despite fresh all-time highs on Wall Street as worries about China's slowing economic growth and regulatory changes weighed on investor sentiment.

MSCI's gauge of Asia Pacific stocks outside Japan slipped 0.25 per cent while Japan's Nikkei fell more than 0.3 per cent in the morning session.

Hong Kong's Hang Seng index and China's benchmark CSI300 index opened down 0.1 per cent and 0.2 per cent respectively.

( With inputs from ANI )

Open in App

Related Stories

NationalMP Police ask family to take Twisha’s body, citing AIIMS advisory on minus 80 degree-preservation

BusinessSindhu Trade Links to Consider Strategic Acquisitions in Singapore-Based Advent Coal and Sainik Mining at May 22 Board Meeting

InternationalDalai Lama attends long life prayer ceremony at Tsuglagkhang Temple in Dharamsala

NationalPunjab: Four-Year-Old Girl Kidnapped in Broad Daylight Amid Custody Dispute in Mohali

Other SportsBetween the cheers and the silence: The uneasy wait for Dhoni's final goodbye

Business Realted Stories

BusinessBHIVE Expands Whitefield Footprint with 3000+ Seat at Concorde Econex Campus

BusinessViaz Tyres Bets on Tyre Manufacturing Expansion After Strong FY26 Growth

BusinessKALKI Collaborates with Renowned Celebrity Stylist Rhea Kapoor to Redefine Occasion Wear for the Modern Indian Woman

BusinessCustomers trust banks with data, but only fully satisfied with fraud resolution: EY Report

BusinessA Voices Unheard Film Champions Global Impact Cinema at the 34th Raindance Film Festival