Placeholder canvas

Equities gain a little ground in early trading, Nifty gains 50 points

Date:

Equity benchmark indices opened on a flat note following negative global sentiments on Thursday but gained some ground as the trading progressed.

At 10:15 am, the BSE S & P Sensex was up 186 points at 39,688 while the Nifty 50 gained 47 points to 11,908.

Except for autos, all sectoral indices at the National Stock Exchange were in the green.

Among the early gainers were power utility major NTPC, Bharti Airtel, Yes Bank, Tata Consultancy Services and Indiabulls Housing Finance.

ALSO READ: Adani Enterprises reports its total income for this quarter up by 36 per cent

However, Eicher Motors, Mahindra & Mahindra, Sun Pharma, Adani Ports, and Cipla traded in the red.

Meanwhile, Asian stocks were mixed following Wall Street losses as exchanges between the United States and China hinted at a prolonged trade war.

Investors remained concerned over the impact on global economic growth as a protracted conflict unfolds between the world’s two largest economies.

(with inputs from ANI)

Click here for Latest News updates and viral videos on our AI-powered smart news genie

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

MEA Issues Travel Advisory For Indians Traveling To Iran And Israel

Earlier in an advisory which was issued on April 12, the MEA asked the Indian Nationals to avoid visiting the two Gulf countries amid tensions between Iran and Israel following an Israeli air strike

How Much Sleep Do We Need? Here’s What The Research Shows

It was shown that 2.2 hours is the optimal duration for both light and moderate to intensive activity, and 8.3 hours is the optimal length of sleep

T20 World Cup 2024: ICC Announces 26 Match Officials For The Tournament

The upcoming edition will mark the first time that 20 teams will participate, playing a total of 55 matches over 28 days across nine venues, making it the biggest ICC T20 World Cup in the competition's history

IPL 2024: Rohit Sharma Named Impact Substitute As Mumbai Indians Win Toss, Put Kolkata Knight Riders To Bat

MI are on the brink of facing an early exit from the playoffs. To keep their hopes of making their place in the final four alive they need to win their remaining matches