ANI
09 Sep 2019, 16:48 GMT+10
Mumbai (Maharashtra) [India], Sept 9 (ANI): Equity benchmark indices traded in the green on Monday amid positive gains in global markets and an uptick in banking and financial stocks.
The BSE SP Sensex closed 164 points or 0.4 per cent higher at 37,145 while the Nifty 50 moved up by 57 points to 11,003. All sectoral indices at the National Stock Exchange (NSE) were in the green except for Nifty IT, which slipped by 0.7 per cent.
Nifty PSU bank gained 1.6 per cent, private bank by 0.9 per cent, auto by 0.8 per cent and financial service by 0.8 per cent.
Among stocks, Yes Bank gained by 4.3 per cent to close at Rs 63 per share while Kotak Mahindra Bank was up by 2 per cent. State Bank of India closed 1.4 per cent higher at Rs 277.90 per share. Bajaj Finserve and Bajaj Finance closed 1.7 and 1.6 per cent higher respectively.
Deewan Housing Finance Ltd rallied 5.2 per cent after DSP Mutual Fund said it has paid the entire pending amount. The mutual fund had exposure of Rs 150 crore to DHFL commercial papers.
Agro-chemical major UPL gained by 3.8 per cent while auto major Maruti was up by 2.7 per cent, LarsenToubro by 2.4 per cent, Bharti Airtel by 2.2 per cent and Titan by 1.7 per cent.
However, IT stocks were down with HCL Tech sliding by 1.4 per cent, Infosys by 1.2 per cent, Tech Mahindra by 1 per cent and Tata Consultancy Services by 0.6 per cent.
The other prominent losers were Eicher Motors, Bajaj Auto, Tata Steel, Indiabulls Housing Finance and Vedanta.
Meanwhile, Asian stocks moved up amid a cautious mood as investors hoped for stimulus to support growth in the world's major economies.
The MSCI's broadest index of Asia Pacific shares outside Japan added 0.1 per cent. The Shanghai Composite Index was up by 0.8 per cent, South Korea's KOSPI rose by 0.5 per cent and Japan's Nikkei was up by 0.5 per cent. (ANI)Get a daily dose of Haiti 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 Haiti Sun.
More InformationMOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
CAIRO, Egypt: This week, both Hamas and Israel shared their views ahead of expected peace talks about a new U.S.-backed ceasefire plan....
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...