Banking, metal stocks lead rally at bourses

ANI
27 Jul 2021, 10:48 GMT+10

Mumbai (Maharashtra) [India], July 27 (ANI): Equity benchmark indices gained marginally during early hours on Tuesday with banking and metal scrips clocking handsome gains.

At 10:15 am, the BSE SP Sensex was trading higher by 137 points or 0.26 per cent at 52,990 while the Nifty 50 moved up by 43 points or 0.27 per cent to 15,868.

Sectoral indices at the National Stock Exchange were mixed with Nifty metal gaining by 1.7 per cent, PSU bank by 1.6 per cent and realty by 1.2 per cent. But Nifty IT and pharma dipped slightly.

Among stocks, Hindalco surged by 4.2 per cent to Rs 416.80 per share while Tata Steel gained by 1.9 per cent and JSW Steel by 1.7 per cent. The other prominent gainers were State Bank of India, ICICI Bank, Bajaj Finance and HDFC Life.

However, Axis Bank slipped by 1 per cent. Tech Mahindra, HDFC, Wipro, Bharti Airtel, Britannia and Sun Pharma too traded with a negative bias.

Meanwhile, Asia's stock markets fell to fresh troughs led by a third straight session of heavy selling in Chinese internet giants ahead of the Federal Reserve policy meeting.

MSCI's broadest index of Asia Pacific shares outside Japan fell 0.25 per cent to its lowest level since mid-December.

The Hong Kong benchmark fell 0.59 per cent, its third day of declines. Japan's Nikkei rose 0.35 per cent. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Brazil Sun.

More Information

null in null

South America

Section

Pakistan, Afghanistan, and Russia among 43 countries likely to face Trump's new travel ban

Washington DC [US], March 17 (ANI): The Donald Trump administration is considering imposing a new travel ban that could affect citizens...

Brownlee breaks barrier, becomes oldest cricketer to make international debut at 62

New Delhi [India] March 16 (ANI): Andrew Brownlee has become the oldest person to play international cricket, making his debut for...

Global leaders descend upon Delhi for Raisina Dialogue 2025 for key geopolitics conference

New Delhi [India], March 16 (ANI): Global leaders from across the world are flying into New Delhi to participate in the Raisina Dialogue...

LensTalk| Light and Shadow of Brazilian Carnival

RIO DE JANEIRO, March 16 (Xinhua) -- From February to March each year, Brazil enters its most vibrant season. As the rhythm of the...

G7 condemns China's "illicit, dangerous" maritime actions in Indo-Pacific

Washington DC [US], March 15 (ANI): The foreign ministers of the Group of Seven (G7) countries have condemned China's aggressive maritime...

Mariners preseason capsule: Pitching-rich Seattle in search of runs

(Photo credit: Steven Bisig-Imagn Images) Seattle Mariners 2024 record 85-77 (2nd place, AL West) He gone: RHP JT Chargois, RHP...

Business

Section