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    Sensex adds 100 points, Nifty above 10,750 in a lacklustre trade

    Synopsis

    In the 30-share pack Sensex, Infosys was the biggest gainer, up 2.68 per cent at Rs 784.20.

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    Power Grid was the biggest loser in the pack, down 2.30 per cent followed by ONGC, Axis Bank, ITC, NTPC and SBI that were other members of the losers club.
    NEW DELHI: Led by gains in IT counters, benchmark equity indices traded in the positive territory in Tuesday's session, however, weak global cues and a sharp rise in Covid cases capped gains.

    India on Monday overtook Russia to record the world's third-highest number of Covid-19 infections, while US coronavirus deaths crossed 130,000 amid a surge in cases. India now has a total of 7.2 lakh cases.

    At 09.24 am, BSE flagship Sensex was up 85 points or 0.23 per cent at 36,576 while NSE benchmark Nifty gained 18 points or 0.17 per cent to 10,782. IT and auto stocks were in demand while metal, PSU bank and media counters saw selling pressure.

    In the 30-share pack Sensex, Infosys was the biggest gainer, up 2.68 per cent at Rs 784.20, followed by Bajaj Finance, Bajaj Auto, Bajaj Finserv, TCS and Tech Mahindra that gained in the range of 1-3 per cent.

    Power Grid was the biggest loser in the pack, down 2.30 per cent followed by ONGC, Axis Bank, ITC, NTPC and SBI that were other members of the losers club.
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    Broader market indices were faring better than their headline peers as Nifty Smallcap gained 0.56 per cent while Nifty Midcap added 0.10 per cent. Broadest index on NSE, Nifty 500 was up 0.14 per cent.

    Sectoral matrix on the NSE was mixed. Nifty IT was the biggest gainer, up 1.73 per cent followed by Nifty Auto that added 0.46 per cent. Nifty PSU Bank dropped about a per cent and Nifty Media 0.84 per cent.

    Globally, Asian shares paused for breath following a surge sparked by speculation Beijing is trying to orchestrate a major domestic bull run to support an economy hit by the coronavirus and a standoff with Washington.

    MSCI's broadest index of Asia-Pacific shares outside Japan was last down 0.25 per cent, a seemingly inevitable correction after sharp gains of 7 per cent in just five days that took it to a 4-1/2-month high.

    Japan's Nikkei gave up 0.7 per cent while U.S. stock futures shed 0.3 per cent in Asia after hefty gains on Monday in the wake of surging Chinese shares.

    Bluechip CSI300 index of Shanghai and Shenzhen shares, which had gained more than 13 in the past five sessions, gained another 1.7 per cent, led by rises in tech sector.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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