Tuesday, 20 February 2018

Market Live: Sensex Rises Over 150 Pts; Metals, IT Stocks In The Green

Posted by suhani varma on Tuesday, February 20, 2018 with No comments



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Benchmark indices extended gains with the BSE Sensex rising over 157 points and the Nifty recapturing the 10,400-level on buying by investors in metal, capital goods and IT stocks amid a mixed trend at other Asian markets.

The 30-share Sensex was up by 157.24 points, or 0.46 percent, to 33,931.90. The index had lost 522.81 points in the previous two sessions.

Overseas, Asian stocks were trading mixed as Treasury yields climbed back toward recent four-year highs. Chinese markets will reopen on Thursday, 22 February. US markets remained closed yesterday, in observance of Presidents Day.Portfolio Management clients of Equity Intelligence India Private Limited and EQ India Fund, which are owned by ace investor Porinju Veliyath, acquired 13,350 shares (representing 0.1 percent of total paid up equity) of the company, as per disclosure available on the exchange.

Shares were bought through open market transactions.

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