Sensex, Nifty trade with mild gains; Yes Bank surges 11%
07/10/2019 14:50

Indian benchmarmark indices managed to remain in green during the late noon trading session. ITC, L&T, TCS, IndusInd Bank and Mahindra & Mahindra were top drag while Yes Bank, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank were holding up.

Meanwhile, Indian rupee declined further and trading near day's low level at 71.03 per dollar.

Among individual stocks, shares of Sobha fell 5 percent intraday after it reported a tepid growth in second-quarter sales volume.

At 14:40 hours, the 30-share benchmark index was trading at 37778.87 up by 105.56 points or by 0.28 % and then NSE Nifty was at 11176.15 up by 1.4 points or by 0.01 %.

Sensex touched intraday high of 37919.47 and intraday low of 37534.54 The NSE Nifty touched intraday high of 11233.85 and intraday low of 11117.85

The top gainers of the BSE Sensex pack were YES Bank Ltd. (Rs. 45.95,+9.02%), ICICI Bank Ltd. (Rs. 421.00,+1.75%), Bharti Airtel Ltd. (Rs. 345.25,+1.63%), Axis Bank Ltd. (Rs. 666.45,+1.57%), HDFC Bank Ltd. (Rs. 1204.95,+1.35%), among others.

The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 52.00,-2.99%), Tata Steel Ltd. (Rs. 326.20,-2.07%), Tata Motors Ltd. (Rs. 117.15,-2.01%), IndusInd Bank Ltd. (Rs. 1241.00,-1.82%), Oil And Natural Gas Corporation Ltd. (Rs. 127.25,-1.81%), among others.

Among the sectors, CDS index was at 25740.75 up by 290.73 points or by 1.14%. Whirlpool of India Ltd. (Rs. 1994.70,+3.47%), Crompton Greaves Consumer Electricals Ltd. (Rs. 250.10,+2.17%), Symphony Ltd. (Rs. 1291.20,+1.55%), Voltas Ltd. (Rs. 664.65,+1.38%), Blue Star Ltd. (Rs. 806.60,+1.10%),.

On the flip side, HCS index was at 12017.3 down by -256.97 points or by -2.09%. Aurobindo Pharma Ltd. (Rs. 474.25,-16.38%), Glenmark Pharmaceuticals Ltd. (Rs. 279.00,-11.61%), Laurus Labs Ltd. (Rs. 328.55,-7.85%), Piramal Enterprises Ltd. (Rs. 1507.25,-5.60%), Kopran Ltd. (Rs. 25.75,-4.81%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2821 , shares advanced were 940 while 1630 shares declined and 251 were unchanged.