Stock Close: Sensex Nifty Gain; Bank, Finance Up



Indian shares gained Wednesday’s volatile session supported by buying in Financial/Bank stock such as HDFC, Maruti Suzuki, ICICI Bank etc.

The BSE Sensex rose 95 points, to end at 39,058.83 and the NSE Nifty50 rose 15.75 points to close at 11,604.10, today.

Thirty of the 50 shares listed on the NSE Nifty ended the day in the green. HCL Tech, up 3.53%, settled the day as the top Nifty gainer, and also on the BSE Sensex, whereas Bharti Airtel slipped on as top loser on both benchmarks. To avail Free stock Tips visit our website.

Eicher Motors, Infosys and Maruti Suzuki were the other gainers on the Nifty, while Adani Port, Bharti Airtel, and Zee entertainment were declined.

Four out of 11 sectoral gauges of the NSE ended lower, pulled by Media, Metal, Pvt bank and Realty. On the other hand, major sectoral gains were led by Nifty Auto (up 1.26pc), PSU Bank (up 2.07pc), IT (0.99pc) and the FMCG (up 0.76pc) for the day.

Among buzzing stocks, RBL Bank hit worse, down by 0.29% on the NSE after the private sector bank reported its muted quarterly results for the July-Sep quarter (Q2FY20) missed estimates. For the current quarter, the bank’s profit (PAT) slipped 74 pc, year-on-year Rs.54-cr, as reported by the bank.

Shares of Asian Paints closed a bit lower, down 0.51% to Rs.1,771.20 after the company reported its profit rose by 67 pc, year-on-year to Rs 842.1-Cr.

Shares of JSW Steel rose 2.12% to Rs.224.35 after the company reported a 21.5% growth in its net profit at Rs.2536cr, YoY, in Q2FY20. Get more updates stock Tips to go to our website.

Shares of Bajaj Auto closed 1.18% higher to Rs.3159 after the company reported its net profit rose to Rs.1402.42-cr for the current quarter.

Please follow and like us: