News Details

( 31 Jul 2020)
Sensex, Nifty trade higher amid volatility; IT, pharma in focus

Domestic bourses opened higher on Friday supported by the IT and pharma stocks. Meanwhile, the HDFC twins slipped 2 per cent each and were among the top Sensex losers. On the other hand, IT stocks were once again in focus with HCL Tech, TCS, Tech Mahindra, and Infosys all rising over 1 per cent each.

At 9:40 hours, the 30-share benchmark index was trading at 37860.34 up by 124.27 points or by 0.33 % and then NSE Nifty was at 11092.4 down by -9.75 points or by -0.09 %.

Sensex touched intraday high of 37884.5 and intraday low of 37537.8 The NSE Nifty touched intraday high of 11141.15 and intraday low of 11049.2

The top gainers of the BSE Sensex pack were State Bank of India (Rs. 191.30,+2.55%), HCL Technologies Ltd. (Rs. 709.60,+2.09%), Infosys Ltd. (Rs. 981.45,+2.04%), ICICI Bank Ltd. (Rs. 351.95,+2.00%), Tata Consultancy Services Ltd. (Rs. 2322.50,+1.96%), among others.

The top losers of the BSE Sensex pack were Kotak Mahindra Bank Ltd. (Rs. 1371.75,-1.17%), Reliance Industries Ltd. (Rs. 2085.20,-1.11%), Housing Development Finance Corporation Ltd. (Rs. 1794.55,-0.91%), HDFC Bank Ltd. (Rs. 1042.95,-0.71%), Hero MotoCorp Ltd. (Rs. 2686.15,-0.66%), among others.

TECk index was at 8950.87 up by 147.21 points or by 1.67%. Tata Communications Ltd. (Rs. 759.80,+5.00%), Vodafone Idea Ltd. (Rs. 8.40,+4.87%), HFCL Ltd. (Rs. 12.80,+2.40%), Navneet Education Ltd. (Rs. 76.00,+2.29%), HCL Technologies Ltd. (Rs. 709.40,+2.06%),.

_CDS index was at 27288.96 down by -104.13 points or by -0.38%. Whirlpool of India Ltd. (Rs. 2111.25,-0.45%), TTK Prestige Ltd. (Rs. 5331.25,-0.23%), Symphony Ltd. (Rs. 842.40,-0.04%), Orient Electric Ltd. (Rs. 175.90,-0.03%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 1848 , shares advanced were 979 while 798 shares declined and 71 were unchanged.