Key equity benchmark indices which opened with heavy losses on Tuesday ahead of the final assembly election outcome through five states, in the midst of falling rupee after RBI Governor Urjit Patel’s resignation, regained through the first afternoon sessions of trade of the day.
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The scrip opened at Rs 229.50 and has touched a high of Rs. 235 and a low of Rs 228 on the NSE whose benchmark index Nifty trade at 10,451-levels down by 37 points while Sensex trade at 34812-levels, down by 146 points at this point.
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Only five stocks out of the Nifty50 constituents ended in the green and the rest 45 stocks ended in the red. Oil marketing company stocks gained. The stocks that ended in the green are IOC, BCPL, HPCL, Coal India and Maruti.
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The IOC stock reacted positively to the buyback proposal as the stock is trading higher at Rs. 133.10 up by 2.58 percent in the mid-market trading hours on the NSE and BSE.
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