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Sensex cracks by 335 points but pharma stocks outperform

Video Credit: ANI - Duration: 01:29s - Published
Sensex cracks by 335 points but pharma stocks outperform

Sensex cracks by 335 points but pharma stocks outperform

Equity benchmark indices swung nearly 1 per cent lower during the afternoon session on July 30 ahead of the expiry day of monthly futures and options contracts.

At the closing bell, the BSE S and P Sensex was down by 335 points or 0.88 per cent at 37,736 while the Nifty 50 lost 101 points or 0.9 per cent at 11,102.

Most sectoral indices at the National Stock Exchange were in the red except for Nifty pharma which gained by 3.1 per cent and IT which crawled up by 0.6 per cent.

Nifty bank slipped by 2 per cent, financial service by 1.8 per cent and metal by 1.2 per cent.

Among stocks, energy majors were big losers with Bharat Petroleum Corporation down by 8 per cent to Rs 417.80 per share.

IndianOil Corporation dipped by 4.1 per cent, ONGC by 2.4 per cent and Power Grid Corporation by 2.3 per cent.

Banking scrips too witnessed losses with IndusInd Bank dipping by 5.4 per cent, Axis Bank by 3.4 per cent and State Bank of India by 2.4 per cent while home loan lender lost by 3.6 per cent.

Pharma stocks, however, witnessed handsome gains with Dr Reddy's advancing by 4.6 per cent to close at Rs 4,500 per share.

Sun Pharma and Cipla were up by 3.7 per cent and 0.8 per cent respectively.

Wipro, Infosys, Vedanta, Maruti Suzuki, Britannia and Reliance Industries too traded with a positive bias.

Meanwhile, Asian stocks were flat as the US Federal Reserve members voted to leave the target range for short-term rates between 0 and 0.25 per cent to support the country's virus-battered economy.

Japan's Nikkei and Hong Kong's Hang Seng were down by 0.26 per cent and 0.69 per cent but South Korea's Kospi moved up by 0.17 per cent.

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NIFTY 50 NIFTY 50 Indian stock market and benchmark index

Equity indices dip on weak global cues, pharma stocks hit [Video]

Equity indices dip on weak global cues, pharma stocks hit

Equity benchmark indices drifted lower during early hours on Wednesday amid weak global cues with pharma stocks losing the most. At 10:15 am, the BSE SandP Sensex was down by 181 points or 0.47 per cent at 38,226 while the Nifty 50 lost by 54 points or 0.48 per cent at 11,269. Sectoral indices at the National Stock Exchange were mixed with Nifty pharma slipping by 1.8 per cent, private bank by 0.7 per cent and IT by 0.6 per cent. But Nifty PSU bank gained by 3.5 per cent. Among stocks, Cipla fell by 1.9 per cent to Rs 762.65 per share while Sun Pharma was down by 2 per cent and Dr Reddy's by 1.3 per cent. The others which lost were Hindalco, Bajaj Finance, Kotak Mahindra Bank, Wipro and GAIL.

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Equity indices edge higher as banking and metal stocks spurt [Video]

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Equity benchmark indices traded with a positive bias on Tuesday as shares of private banks and metals advanced. The BSE S-P Sensex closed 225 points or 0.59 per cent higher at 38,407 while the Nifty 50 gained by 52 points or 0.46 per cent at 11,323. Most sectoral indices at the National Stock Exchange were in the green with Nifty private bank and metal gaining by 1.6 per cent each and financial service by 1 per cent. But Nifty pharma dipped by 1.4 per cent and IT by 0.5 per cent.

Credit: ANI    Duration: 01:12Published
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Credit: ANI    Duration: 01:17Published
Equity indices close in the green, Cipla gains 9.5 pc [Video]

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Equity benchmark indices shaved off early gains but ended in the positive terrain on Monday with pharma stocks leading the rally. At the closing bell, the BSE SandP Sensex was up by 142 points or 0.37 per cent at 38,182 while the Nifty 50 gained by 61 points or 0.54 per cent at 11,275. All sectoral indices at the National Stock Exchange were in the green with Nifty pharma up by 5.4 per cent, realty by 2.8 per cent and auto by 0.8 per cent. Among stocks, Cipla was the flavour of the day by gaining 9.48 per cent to Rs 797.70 per share while Sun Pharma ticked up by 3.4 per cent to Rs 544.10 and Dr Reddy's by 2.6 per cent to Rs 4,691.65.

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BSE SENSEX BSE SENSEX stock market index used by Bombay Stock Exchange (BSE)

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Equity benchmark indices advanced by 1.5 per cent on July 17 following heavy buying in energy and financial stocks. At the closing bell, the BSE SandP Sensex was up by 548 points or 1.5 per cent at 37,020 while the Nifty 50 edged higher by 162 points or 1.51 per cent at 10,902. Except for Nifty IT which dipped by 0.6 per cent, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty financial service up by 1.9 per cent, PSU bank by 1.8 per cent and private bank by 1.7 per cent. Among stocks, Bharat Petroleum Corporation was the top gainer after moving up by 12.4 per cent to Rs 442.85 per share. While JSW Steel gained by 3.9 per cent to Rs 209.05.

Credit: ANI    Duration: 01:23Published
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Opening bell: Equity indices trade lower, HDFC twins dip

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Credit: ANI    Duration: 01:14Published

Bombay Stock Exchange Bombay Stock Exchange stock exchange in Mumbai, India

Sensex jumps 409 points as banking, metal stocks rally [Video]

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National Stock Exchange of India National Stock Exchange of India Stock exchange in Mumbai


Power Grid Corporation of India Power Grid Corporation of India Goverment of India enterprise

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Equity indices gain 1% on global cues, metal stocks shine

Equity benchmark indices were on upswing during early hours on August 05 amid positive global cues with metal and banking stocks leading the rally. At 10:15 am, the BSE SandP Sensex was up by 408 points or 1.08 per cent at 38,096 while the Nifty 50 gained by 105 points or 0.95 per cent at 11,201. All sectoral indices at the National Stock Exchange were in the green with Nifty metal moving up by 2.2 per cent, private bank by 1.5 per cent and financial service by 1.2 per cent. Among stocks, Hindalco was the top gainer by adding 3.6 per cent at Rs 168.20 per share while Tata Steel was up by 2 per cent to Rs 380.20.Private lenders Axis Bank and IndusInd Bank edged higher by 3 per cent and 2.2 per cent respectively while State Bank of India ticked up by 2.1 per cent.Bajaj Finance and Bajaj Finserv were up by 2.5 per cent and 2.1 per cent. The other prominent gainers were UltraTech Cement and Grasim.However, FMCG majors Nestle India, Hindustan Unilever and ITC were in the negative terrain along with Power Grid Corporation and Dr Reddy's.

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Markets open flat but IT, auto stocks gain [Video]

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Credit: ANI    Duration: 01:11Published
Equity indices end flat after choppy trade, energy stocks lose [Video]

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Equity benchmark indices underwent bouts of volatility on Tuesday but ended flat despite strong global cues after data showed that China's manufacturing sector grew more than expected in June. At the closing bell, the BSE S and P Sensex was down by 46 points or 0.13 per cent at 34,916 while the Nifty 50 edged lower by 10 points or 0.1 per cent at 10,302. Sectoral indices at the National Stock Exchange were mixed with Nifty PSU losing by 1.7 per cent and pharma by 1.5 per cent. Among stocks, Bharat Petroleum Corporation was down by 2.5 per cent to close at Rs 373.75. Power Grid Corporation fell by 1.9 per cent, GAIL by 1.8 per cent, Indian Oil Corporation by 1.7 per cent, Coal India by 1.2 per cent and ONGC by 1 per cent.

Credit: ANI    Duration: 01:19Published

Indian Oil Corporation Indian Oil Corporation Indian governament oil and gas company

India exploring avenues to help Mauritius deal with oil spill

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Equity indices gain ahead of RBI decision on interest rates [Video]

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Credit: ANI    Duration: 01:15Published

Bharat Petroleum Bharat Petroleum Indian oil and gas company


IndusInd Bank

Opening bell: Equity indices trade 1% lower, Bandhan Bank dips by 9.8% [Video]

Opening bell: Equity indices trade 1% lower, Bandhan Bank dips by 9.8%

Equity benchmark indices were on a weak wicket during early hours on August 03 tracking Asian peers as the global surge of new coronavirus cases showed no sign of abating. At 10:15 am, the BSE SandP Sensex was down by 416 points or 1.11 per cent at 37,191 while the Nifty 50 slipped by 113 points or 1.02 per cent at 10,961.Except for Nifty metal and auto, all sectoral indices at the National Stock Exchange were in the red with Nifty private bank down by 2 per cent, financial service by 1.3 per cent and realty by 1.1 per cent. Among stocks, shares of Bandhan Bank slid by 9.8 per cent to Rs 311.30 per share after reports said that its 34.56 crore shares -- or 21.5 per cent of total equity -- exchanged hands in 27 large trades. IndusInd Bank was down by 3.7 per cent, Kotak Mahindra Bank by 3.1 per cent, Axis Bank by 1.8 per cent and HDFC Bank by 1.7 per cent. Bajaj Finance too slipped by 1.7 per cent at Rs 3,194.95 per share. The other prominent losers were UPL, HDFC Life, ONGC and Cipla.

Credit: ANI    Duration: 01:14Published
Equities flat in early choppy trade, IT and pharma stocks in focus [Video]

Equities flat in early choppy trade, IT and pharma stocks in focus

Equity benchmark indices wobbled between gains and losses during early hours on July 31 in line with Asian peers following a record contraction in economic data from the United States. At 10:15 am, the BSE S-P Sensex was down by 113 points or 0.3 per cent at 37,623 while the Nifty 50 slipped by 31 points or 0.28 per cent at 11,071.Except for Nifty financial service, all sectoral indices at the National Stock Exchange were in the green with Nifty IT gaining by 1.8 per cent and pharma by 1.5 per cent. Among stocks, HCL Technologies ticked up by 2.8 per cent to Rs 715.05 per share while Tata Consultancy Services was up by 2.2 per cent and Infosys by 2 per cent. Cipla traded 3 per cent higher at Rs 706.40 per share. State Bank of India advanced by 2.5 per cent, ICICI Bank by 1.8 per cent, IndusInd Bank by 1.5 per cent and Axis Bank by 1.3 per cent. However, India's largest company in terms of market cap Reliance Industries lost by 2.5 per cent to Rs 2,055.80 per share on profit-booking, a day after it reported over 30 per cent jump in Q1 net profit at Rs 13,248 crore.

Credit: ANI    Duration: 01:22Published

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