Thursday, March 28, 2024
News

Equity indices up as RBI unveils liquidity support measures

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai (Maharashtra) | May 5, 2021 11:14:19 AM IST
Key equity indices traded in the green during early hours on Wednesday as RBI Governor Shaktikanta Das unveiled liquidity support measures amid rising Covid-19 cases.

At 10:45 am, the BSE S&P Sensex was up by 344 points or 0.71 per cent at 48,552 while the Nifty 50 ticked higher by 89 points or 0.62 per cent to 14,586.

Except for Nifty FMCG, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty PSU bank and pharma gaining by 1.8 per cent, private bank by 0.8 per cent and metal by 0.9 per cent.

Among stocks, UPL was up by 2.7 per cent to Rs 628 per share. Metal majors Hindalco and JSW Steel rose by 2 per cent and 1.6 per cent respectively.

Sun Pharma, Dr Reddy's, Wipro, Bharti Airtel, Axis Bank and IndusInd Bank also traded higher by a margin of over 1 per cent.

However, those which lost were Adani Ports, Hindustan Unilever, Nestle India, Bajaj Finance, Bajaj Auto and Mahindra & Mahindra.

Meanwhile, Asian shares risked falling for a fourth straight session as sentiment took a knock from a selloff in large cap Wall Street tech darlings.

Holidays in Japan, China and South Korea limited the early reaction, leaving MSCI's broadest index of Asia-Pacific shares outside Japan dithering either side of flat.

Japan's Nikkei was shut but futures traded down. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Minfy Signs Multi-Year Strategic Collabo...
The Art of Living upgrades its Bengaluru...
BD India Launches UltraTouch; a New Age ...
Adani's Mundra Copper Unit commences ope...
A matter of choice: the 2024 Octa guide ...
Philosophy and Purpose at BBG, Our Guidi...
More...
 
INDIA WORLD ASIA
NET score allowed for admissions to PhD ...
'Don't have that kind of money to contes...
'Congress will win all 6 seats in by-ele...
'There is a huge wave for PM Modi in Tam...
Congress releases list of 16 candidate f...
Vijay Shivtare meets Maharashtra CM and ...
More...    
 
 Top Stories
HCG Puts its Patients First Again w... 
Vantage Markets extends its competi... 
Taiwan detects 20 Chinese military ... 
Florence Pugh shares BTS moments fr... 
Israel and cyprus move forward on u... 
Manhunt for terrorist after 3 Israe... 
Kyle Richards recalls "amazing" adv... 
"Trained on roads....": Racewalk at...