S&p sensex, Market index

Equity benchmark indices traded flat during early hours on Thursday amid an interplay of resurgence in Covid-19 cases and the pace of vaccination.Investors tracked updates on the vaccines approval and prediction of a normal monsoon season across the country despite mixed global cues.At 10:15 am, the BSE S&P Sensex was down by 204 points or 0.42 per cent at 48,340 while the Nifty 50 edged lower by 40 points or 0.28 per cent to 14,465.Nifty metal rose by 1.5 per cent and pharma by 1.1 per cent. But all other sectoral indices at the National Stock Exchange were in the red.Among stocks, IT software major Infosys dropped by 3.6 per cent to Rs 1,344.40 per share after reporting a 2.3 per cent sequential decline in consolidated profit at Rs 5,076 crore for the quarter ended March.Traders booked profit even as the company board approved a buyback of equity shares through open market route amounting to Rs 9,200 crore at a price not exceeding Rs 1,750 a share,Grasim lost by 3.2 per cent, Eicher Motors by 3.1 per cent, Mahindra & Mahindra by 2.8 per cent, Maruti Suzuki by 1.7 per cent and Bajaj Finance by 1 per cent.However, pharma major Cipla rose by 3.3 per cent to Rs 914.70 per share. The other prominent gainers were Sun Pharma, Dr Reddy's, Hindalco, Tata Steel, Wipro and Ad Ports.Meanwhile, Asian shares were on the backfoot following mixed cues from Wall Street where a sharp sell-off in the largest bitcoin exchange Coinbase hit tech shares.MSCI's broadest index of Asia Pacific shares outside Japan paused after two straight days of gains. Japan's Nikkei rose by 0.2 per cent while South Korea's Kospi index was up a tad.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

S&p SensexFOLLOW

S&p sensex, Latest News

Key equity indices slipped during early hours on Friday due to an unabated rise in Covid cases and unfavourable global cues. ...

Equity benchmark indices swung between gains and losses to close 0.4 per cent lower on Friday as traders seemed reluctant to carry gains into the weekend amid rising COVID-19 cases. ...

Equity benchmark indices were subdued during early hours on Friday on record single-day spike of over three lakh Covid-19 cases for second consecutive day. ...

Equity benchmark indices traded lower during early hours on Thursday as a record single-day spike of over three lakh Covid-19 cases weighed on investor sentiment. ...

Equity benchmark indices failed to stick with early gains and closed half a per cent lower on Tuesday after a volatile session. ...

Equity benchmark indices traded substantially lower during early hours on Monday as the country continued to report a record spike in daily Covid-19 cases. ...

Equity benchmark indices ended flat after a volatile session on Friday with investors staying on the sidelines as Covid-19 situation gets grimmer by the day. ...

Equity benchmark indices traded flat during early hours on Thursday amid an interplay of resurgence in Covid-19 cases and the pace of vaccination. ...