Epic Update HDFC Bank
Equity benchmarks remained in a consolidation mode for the second consecutive day after rally in initial sessions of the week.
The 30-shares BSE Sensex was up 57.47 points at 28480.95 and the 50-share NSE Nifty rose 8.60 points to 8783.25 while the broader markets outperformed.
The BSE Midcap and Smallcap indices 0.4-0.5 percent as about 1206 shares advanced against 710 declining shares on the BSE.
Tata Motors was the biggest contributor to Sensex’s gains, up nearly 2 percent to hit fresh 52-week high after strong JLR US sales that increased 46 percent YoY, driven by Jaguar’s F-PACE, XE.
Maruti Suzuki rebounded with 1.7 percent upside. HDFC and ICICI Bank rallied further, up 0.8 percent each whereas Reliance Industries, Infosys, Bajaj Auto, L&T, M&M and Coal India were under pressure.
Equity benchmarks remained in a consolidation mode for the second consecutive day after rally in initial sessions of the week.
The 30-shares BSE Sensex was up 57.47 points at 28480.95 and the 50-share NSE Nifty rose 8.60 points to 8783.25 while the broader markets outperformed.
The BSE Midcap and Smallcap indices 0.4-0.5 percent as about 1206 shares advanced against 710 declining shares on the BSE.
Tata Motors was the biggest contributor to Sensex’s gains, up nearly 2 percent to hit fresh 52-week high after strong JLR US sales that increased 46 percent YoY, driven by Jaguar’s F-PACE, XE.
Maruti Suzuki rebounded with 1.7 percent upside. HDFC and ICICI Bank rallied further, up 0.8 percent each whereas Reliance Industries, Infosys, Bajaj Auto, L&T, M&M and Coal India were under pressure.
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