INSUBCONTINENT EXCLUSIVE:
The S-P BSE Sensex and NSE Nifty 50 Indexes came off intraday highs as auto, oil - gas and metal shares came under selling pressure
The benchmarks opened on a positive note with the Sensex rising as much as 369 points and the Nifty 50 Index hitting an intraday high of
Weakness in heavyweights like HDFC Bank, State Bank of India, Power Grid and Mahindra - Mahindra were dragging the benchmark indexes from
While, buying interest in Reliance Industries, HDFC and ICICI Bank were helping them sustain in the positive territory.As of 2:40 pm, the
Sensex traded 75 points or 0.2 per cent higher at 37,425 and the NSE Nifty 50 Index rose 0.18 per cent or 20 points to 11,068.Thirteen of 19
sector gauges compiled by BSE were trading higher led by the S-P Consumer Durables Index's 1.3 per cent gain.On the other hand, S-P BSE
Oil - Gas and Auto Indexes were among to losers down over 0.5 per cent each.Mid- and small-cap shares also came off intraday highs as the
S-P BSE MidCap Index turned flat while S-P BSE SmallCap Index rose 0.3 per cent.Bharti Infratel, Sun Pharma, Tech Mahindra, Axis Bank and
Larsen - Toubro were among the gainers in Nifty 50 basket of shares.On the flipside, Yes Bank, Grasim Industries, UPL, GAIL India and
Mahindra - Mahindra were among the laggards.The overall market breadth was neutral as 1,203 shares were declining while 1,188 were advancing
on the BSE.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
