Equity frontline indices traded firm on August 23 led by gains in IT and financial stocks. At the closing bell, the BSE SandP Sensex was up by 226 points or 0.41 per cent at 55,556 while the Nifty 50 rose by 46 points or 0.28 per cent to 16,496.
Equity benchmark indices traded firm during early hours on August 23 with IT stocks witnessing smart gains.
Sectorally, BSE telecom, teck, capital goods, IT, energy and consumer durables indices rose up to 1.80 per cent, while realty, healthcare and utilities ended in the red. Broader BSE midcap and smallcap indices underperformed the benchmark to end up to 0.06 per cent lower.
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Equity benchmark indices ended nearly a per cent lower on Thursday, dragged by bank, metal and pharma names amid pessimistic global cues.
According to reports, the government has picked CBI and IOB for divestment. The government is likely to amend the Banking Regulations Act and other related laws to facilitate the planned divestment.
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Prime Minister Narendra Modi’s announcement on Monday to procure and distribute free Covid vaccines to all state governments has been welcomed by almost all the chief ministers. Modi has announced free vaccines to all Indians above the age of 18 years and this will come into effect from June 21.
Equity benchmark indices were flat in volatile trade during early hours on Monday with pharma scrips gaining some ground.
Equity benchmark indices were range-bound on May 10 but closed in the green on the back of RBI's liquidity measures and indications of robust corporate earnings. At the closing bell, the BSE SandP Sensex was up by 296 points or 0.6 per cent at 49,502 while the Nifty 50 ticked higher by 119 points or 0.8 per cent to 14,942.
The next phase of India's vaccination drive is set to begin from May 1, 2021, as the country plans to vaccinate all adults above 18 years old. However, due to shortage of vaccines, several states including the southern ones, have said they won't be able to kick off the drive.
BMC has said that no vaccination against Covid-19 will be held in Mumbai for the three days -- Friday, Saturday and Sunday.
Equity benchmark indices remained bullish despite trimming some early gains on April 26 following some reports that India's second wave of coronavirus will peak soon. The BSE SandP Sensex closed 508 points or 1.06 per cent higher at 48,387 while the Nifty 50 ticked up by 144 points or 1 per cent to 14,485.
Domestic equity benchmarks Sensex and Nifty erased early gains to settle with losses for the second day on the trot on Tuesday, as surging COVID-19 cases and growing localised restrictions continued to dent investor sentiment.
Equity benchmark indices traded higher during early hours on Tuesday as the government's decision to vaccinate every citizen above the age of 18 years against COVID-19 from May 1 buoyed investor sentiment.
Equity benchmark indices showed resilience amid resurgence in COVID-19 cases and closed half a per cent higher on April 15 led by pharma and financial scrips.
Equity benchmark indices closed 1.3 per cent higher on Tuesday as the government fast-tracked emergency approvals for foreign-produced COVID vaccines amid alarming spike of coronavirus infections across India.
Equity benchmark indices traded higher during early hours on Thursday amid muted global cues with metal stocks witnessing gains. At 10:15 am, the BSE S-P Sensex was up by 415 points or 0.82 per cent at 50,077 while the Nifty 50 edged higher by 124 points or 0.84 per cent to 14,934. All sectoral indices at the National Stock Exchange were in the green with Nifty metal and IT up by 1.4 per cent each, realty by 1 per cent and auto by 0.9 per cent. Among stocks, Hindalco was up by 2.6 per cent to Rs 361.35 per share and Tata Steel by 1.8 per cent to Rs 890.50 per unit.
Equity benchmark indices gained about half a per cent during early hours on Tuesday amid positive global cues with pharma and auto stocks gaining ground.
Equity benchmark indices were on a downswing during early hours on April 05 amid worries over rapidly increasing Covid-19 cases in the country.
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