Wednesday, 1 February, 2023
HomeANI Press ReleasesEquity gauges end higher amid volatility, PSU banks drag

Equity gauges end higher amid volatility, PSU banks drag

Text Size:

Bharti Airtel rose by 3.8 pc on Thursday to Rs 596.60 per share

Mumbai (Maharashtra) [India], Aug 5 (ANI): Equity benchmark indices witnessed profit taking in the last hour of trade on Thursday but closed mildly higher after a volatile session.

At the closing bell, the BSE S&P Sensex was up by 123 points or 0.23 per cent at 54,493 while the Nifty 50 ticked higher by 36 points or 0.22 per cent to 16,295.

Sectoral indices were mixed with Nifty metal up by 1.3 per cent, IT by 0.7 per cent and FMCG by 0.6 per cent. But Nifty PSU bank slumped by 2.2 per cent, realty by 1 per cent and financial service by 0.3 per cent.

Among stocks, Bharti Airtel rose by 3.8 per cent to Rs 596.60 per share while Eicher Motors gained by 3.4 per cent to close at Rs 2,732.90.

ITC was up by 3 per cent, Tata Steel by 2.3 per cent, JSW Steel by 2.2 per cent and Reliance Industries by 1.3 per cent. HCL Technologies, HDFC Bank, Kotak Mahindra Bank, Britannia and Cipla too traded in the green.

However, State Bank of India crashed by 3.2 per cent to wind up the day at Rs 441.95 per share. The other laggards included IndusInd Bank, ICICI Bank, Bajaj Finance, Bajaj Finserv, Grasim and Asian Paints.

Meanwhile, Asian shares held on to recent gains. Japan’s Nikkei climbed 0.52 per cent on positive corporate earnings.

South Korean stocks ended 0.13 per cent lower on virus concerns while Hong Kong’s Hang Seng index dropped 0.84 per cent on tech regulatory worries. (ANI)

This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube & Telegram

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

Most Popular