HomeBusinessSensex, Nifty Touch New Highs, led by information technology stocks

Sensex, Nifty Touch New Highs, led by information technology stocks

Sensex, Nifty Touch New Highs; Information Technology Stocks In The Limelight

The benchmark indices have touched contemporary highs on Wednesday afternoon, with the Nifty touching the 17,500 mark, led by good points in information technology stocks. At 1:40 pm, the Sensex was buying and selling at 15,702, greater by 458 factors or 0.79 per cent and the Nifty surpassing 17,500 to 17,513.50, up 133 factors or 0.7 per cent. The broader markets are additionally buying and selling robust, with the BSE Midcap index and the BSE Smallcap index including 0.7 per cent every.

In the foreign money market, the rupee opened on a flat word and inched greater by 2 paise to 73.66 in opposition to the US greenback. At the interbank international alternate, the rupee opened at 73.68 in opposition to the greenback, then inched greater to 73.66.

On the stock-specific entrance, NTPC and Bharti Airtel have soared by 5 per cent every to prime the gainers listing on the BSE. Information technology stocks are additionally going robust, with HCL Tech, Infosys, TCS and Tech Mahindra gaining 1-3 per cent every on the BSE.

On the opposite hand, choose monetary stocks are buying and selling weak. HDFC Bank, Axis Bank and Axis Bank are buying and selling weak. 

Among stocks within the information, Shree Cement rose as a lot as 2.6 per cent to hit an intraday excessive of Rs 31,441.05 after the corporate introduced capability enlargement plans in West Bengal and Rajasthan submit market hours on Tuesday. 

Man Infra rose as a lot as 2.6 per cent to hit an intraday excessive of Rs 89.40 after the corporate knowledgeable exchanges that its subsidiary Man Infra Contracts, whereby the corporate holds 70 per cent partnership, was appointed as developer by Juhu Sai Darshan Co-Operative Housing Society at Juhu in Mumbai.

SpiceJet rose as a lot as 7.5 per cent to hit an intraday excessive of Rs 77.40 after the corporate introduced flights on new home and worldwide routes. 

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments