Home / Business / Money / Nifty inches towards 7900; auto, banks, oil gas gain

Nifty inches towards 7900; auto, banks, oil gas gain

Shares of State Bank of India, ONGC, Axis Bank, Bajaj Auto and GAIL were prominent gainers followed by TCS, L&T, HDFC Bank, Reliance Industries, Tata Motors, Maruti Suzuki, and Mahindra and Mahindra with 0.4-0.7 percent.

10:10

The News International Team

Equity benchmarks gained marginal strength with the Sensex rising 65.33 points to 26379.62 and the Nifty advancing 17 points to 7892.30 supported by banks, auto and oil & gas stocks.

The broader markets continued to outperform benchmarks; the BSE Midcap and Smallcap indices rose 0.9 percent each. About 1326 shares have advanced, 559 shares declined, and 64 shares are unchanged.

Shares of State Bank of India, ONGC, Axis Bank, Bajaj Auto and GAIL were prominent gainers followed by TCS, L&T, HDFC Bank, Reliance Industries, Tata Motors, Maruti Suzuki, and Mahindra and Mahindra with 0.4-0.7 percent.

However, Sesa Sterlite and Tata Steel fell more than a percent after Cabinet Committee on Economic Affairs (CCEA) has approved royalty revision of 23 major minerals. Shares of Infosys, Sun Pharma, Dr Reddy’s Labs, Hero Motocorp, Bharti Airtel and Cipla declined 0.4-1 percent.

09:15

Sensex, Nifty open flat; TCS & ITC up, steel under pressure

Tata Motors, TCS, Tata Power, ITC and M&M are top gainers while Sesa Sterlite, Tata Steel, Cipla, Hero MotoCorp and Bharti Airtel are among the laggards in the Sensex.

Read More »

Leave a Reply

x

Check Also

Rupee recovers 6 paise to 67.01

The rupee today recovered some lost ground by rising 6 paise to ...

Notes ban to have positive impact on economy

NEW DELHI: The government’s demonetisation move has led to widespread adoption of ...