INSUBCONTINENT EXCLUSIVE:
The country's benchmark stock indices S-P BSE Sensex and NSE Nifty 50 index continue to trade at record highs after witnessing a mild
profit booking in late morning deals
Reliance Industries was the top mover in the Nifty and Sensex
The stock rose over 2 per cent after its Chairman and Managing Director Mukesh Ambani hinted at rolling out 5G network by the second half of
2021.As of 2:06 pm, the Sensex was up 0.47 per cent or 212 points at 45,639 and Nifty was up 0.37 per cent or 49 points at 13,405.The
Institutional Investors (FIIs)
FIIs on Monday bought shares worth Rs 3,793 crore.Five of 11 sector gauges compiled by the National Stock Exchange were trading higher, led
by Nifty PSU Bank index's nearly 5 per cent gain
IT, banking, financial services and real estate shares were also witnessing buying interest.On the other hand, metal, pharma and media
shares were witnessing selling pressure.Mid- and small-cap stocks rebounded in late noon trading as Nifty Midcap 100 index rose over 2 per
nearly 3 per cent to Rs 5,194
Reliance Industries, Tata Consultancy Services, Infosys, Wipro, State Bank of India, HDFC Bank, HCL Technologies, Bajaj Auto, Kotak Mahindra
Bank and HDFC Life also rose 0.4-2.2 per cent each.On the flip side, Hindalco, Adani Ports, IndusInd Bank, Coal India, Sun Pharma, Asian
Paints, Grasim Industries, Tech Mahindra and Tata Motors were among the losers.The overall market breadth turned neutral as 1,517 shares
were declining while 1,349 were advancing on the BSE.
