ANI
07 Jul 2020, 10:48 GMT+10
Mumbai (Maharashtra) [India], July 7 (ANI): Equity benchmark indices were subdued during early hours on Tuesday in lacklustre trading amid mixed cues from Asian peers.
At 10:15 am, the BSE SP Sensex was up by 78 points or 0.21 per cent at 36,565 while the Nifty 50 edged ticked up by 10 points or 0.09 per cent at 10,774.
Most sectoral indices at the National Stock Exchange were in the red except for Nifty IT which moved up by 1.7 per cent, pharma by 0.8 per cent and auto by 0.5 per cent.
IT stocks appeared to be the flavour of the day with Infosys gaining by 2.6 per cent to Rs 784.50 per share. Wipro was up by 1.6 per cent, HCL Technologies by 1.5 per cent and Tech Mahindra by 1.3 per cent.
Auto stocks also gained marginally with Bajaj Auto and Tata Motors moving up by 1.6 per cent each and Maruti Suzuki by 1.1 per cent.
However, Power Grid Corporation slipped by 2.5 per cent to Rs 173.40 per share. Grasim was down by 2.4 per cent, ONGC by 2.1 per cent, ITC by 1.7 per cent and Tata Steel by 1.6 per cent.
Meanwhile, Asian indices traded mixed despite a strong close on Wall Street overnight. In Japan, Nikkei traded down by 0.7 per cent as the market participants seemed concerned over the rising number of new Covid-19 cases in Tokyo.
China's Shanghai Composite was up by nearly 1 per cent higher and Hong Kong's Hang Seng traded just above the neutral line. (ANI)Get a daily dose of Business Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Business Sun.
More InformationNEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...
SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...