Nifty and Sensex ride the bulls as closing hour approaches on back of the gains of Banking Sector. SBI Bank leads the banking sector, gaining by 7% after the announcement of international expansion plans.
the S&P BSE Sensex is trading at 33,328, up by 77 points, while NSE Nifty is trading at 10,319 up by 11 points.
The BSE Mid-cap Index is trading up by 0.39% at 16,643 whereas BSE Small-cap Index is trading higher by 0.59% at 17,736.
Gainers % change Losers % change
1 SBIN 7.14 AUROPHARMA -4.59
2 LT 4.00 TATAMOTORS -3.67
3 ICICIBANK 2.52 BOSCHLTD -2.70
4 ULTRACEMCO 1.96 BPCL -2.30
5 GAIL 1.78 ASIANPAINT -2.29
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Some buying seen in Industrials, FMCG, Utilities, Consumer Durables and Capital goods sectors, while Energy, Healthcare, Auto, and Metal show weakness on the BSE.
The India Vix is down by 2.24% at 12.97.
Out of 1,976 stocks traded on the NSE, 840 advanced, 795 declined, and 341 remained unchanged today.
A total of 56 stocks registered a fresh 52-week high in trade today, while 14 stocks touched a new 52-week low on the NSE.
Nifty PSU Bank rises 5%. SBI (+7%), BoB (+3.5%), Syndicate Bank (+3%), Allahabad Bank (+2%).
SBI recovers as new bad loan additions lower than expected. Stock rallies 8%.
MRF stock gains 3% post Q2 earnings.
Bosch stock trades 2% lower as profit misses estimates in Q2.
Balkrishna Industries extends rally post Q2 results; 1:1 bonus issue. Stock jumps 6%
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