News Details

( 20 Nov 2020)
Post-Session: Sensex ends firm as bank stocks surge

Equity indices resumed their upward trajectory on Friday after a day's pause as banking, finance and telecom counters saw robust demand amid mixed global cues.

A recovering rupee and unabated foreign fund inflows added to the momentum, traders said.

Bajaj Finserv was the top gainer in the Sensex pack, rallying 9.13 per cent, followed by Titan, Bajaj Finance, Kotak Bank, Bharti Airtel, Nestle India, NTPC and HDFC Bank.

The 30-share benchmark index ended at 43882.25 up by 282.29 points or by 0.65 % and then NSE Nifty was at 12859.05 up by 87.35 points or by 0.68 %.

Sensex touched intraday high of 44013.02 and intraday low of 43453.75 The NSE Nifty touched intraday high of 12892.45 and intraday low of 12730.25

The top gainers of the BSE Sensex pack were Bajaj Finserv Ltd. (Rs. 8536.50,+9.13%), Titan Company Ltd. (Rs. 1364.95,+5.61%), Bajaj Finance Ltd. (Rs. 4717.75,+4.05%), Kotak Mahindra Bank Ltd. (Rs. 1889.20,+3.52%), Bharti Airtel Ltd. (Rs. 483.50,+3.18%), among others.

The top losers of the BSE Sensex pack were Reliance Industries Ltd. (Rs. 1899.20,-3.72%), IndusInd Bank Ltd. (Rs. 810.05,-0.94%), Sun Pharmaceutical Industries Ltd. (Rs. 503.00,-0.87%), Oil And Natural Gas Corporation Ltd. (Rs. 71.60,-0.69%), Axis Bank Ltd. (Rs. 607.70,-0.57%), among others.

Among the sectors, Power index was at 1962.62 up by 35.36 points or by 1.83%. ABB India Ltd. (Rs. 1122.00,+7.39%), Adani Green Energy Ltd. (Rs. 1135.55,+4.77%), NTPC Ltd. (Rs. 91.85,+2.34%), Adani Transmission Ltd. (Rs. 383.90,+2.16%), KEC International Ltd. (Rs. 348.80,+1.41%),.

CDS index was at 27288.96 down by -104.13 points or by -0.38%. VIP Industries Ltd. (Rs. 339.85,-2.00%), Sheela Foam Ltd. (Rs. 1340.55,-1.34%), Rajesh Exports Ltd. (Rs. 452.15,-1.00%), Whirlpool of India Ltd. (Rs. 2131.00,-0.55%), Voltas Ltd. (Rs. 770.00,-0.45%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3279 , shares advanced were 1698 while 1354 shares declined and 227 were unchanged.