Sunday, November 29, 2020
News

Equity indices in green; metal, oil & gas stocks surge

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Friday, 2020 4:45:06 PM IST
The key Indian equity indices traded on a positive note on Friday morning with the Sensex above the 39,900 mark.

Healthy buying was witnessed in metal and oil and gas stocks.

Around 10.40 a.m., Sensex was trading at 39,922.91, higher by 173.06 points or 0.44 per cent from the previous close of 39,749.85.

It opened at 39,779.82 and has touched an intra-day high of 39,988.25 and a low of 39,636.03.

The Nifty50 on the National Stock Exchange was trading at 11,729.55, higher by 58.75 points or 0.5 per cent from its previous close.

Manish Hathiramani, technical analyst with Deen Dayal Investments said: "Yesterday's low of 11,600 has become a crucial support for the market. If we break that, a wave of shorts might get triggered and we could see a slide till 11,400 levels. The upside resistance is at 11,900-11,950. Until we do not get past that, the bias will be on the sell side."

--IANS rrb/

( 169 Words)

2020-10-30-10:54:04 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Glenmark to divest select Anti-Allergy b...
Innovative Growth: Savlon enters PPE seg...
ECL official dies during CBI raid in coa...
NCPEDP pushes for hike in Union Budget a...
Pradhan invites investors to join India'...
25K defaulting taxpayers to be persuaded...
More...
 
INDIA WORLD ASIA
Akali Dal flays Khattar, urge PM to inte...
Raising voice against injustice is not a...
Democratising renewable energy deploymen...
EOW arrests Gwalior Municipal Corporatio...
First case registered in UP's Bareilly u...
TRS govt will fall after GHMC election, ...
More...    
 
 Top Stories
Delhi Half Marathon: Ethiopia's Yeh... 
Samsung Display to start trials for... 
Never pressured by military leaders... 
52% forced conversion cases reporte... 
Shahid Kapoor soaks up the sun in t... 
VHP president congratulates UP govt... 
Stan Swamy's claims of seizure of h... 
Khattar slams Amarinder Singh over ...