ANI
11 Dec 2019, 10:33 GMT+10
Mumbai (Maharashtra) [India], Dec 11 (ANI): Equity benchmark indices edged higher during early hours on Wednesday with most sectoral parameters in the green.
At 10:15 am, the BSE SP Sensex was up by 170 points to 40,410 while the Nifty 50 ticked up by 48 points at 11,904. Except for Nifty auto, pharma and PSU bank, all sectoral indices were in the positive zone with marginal gains.
Among stocks, IT majors showed some gains with Tata Consultancy Services up by 1.5 per cent at Rs 2,043 per share. Tech Mahindra added gain of 1.3 per cent while Infosys moved up by 0.7 per cent.
The other prominent winners were Bharti Infratel, GAIL, ICICI Bank, ITC and Coal India.
But Yes Bank share price fell by 7.3 per cent after its board of directors said it may consider 500 million dollar investment offer from the Citax Group. It said the binding offer of 1.2 billion dollars by Erwin Singh Braich and SPGP Holdings continues to be under discussion.
Power Grid Corporation, Hindustan Lever, Hero MotoCorp and pharma major Cipla too were on a low swing.
Meanwhile, Asian stocks drifted as US-China trade talks showed little progress ahead of a weekend deadline for the imposition of additional US tariffs.
MSCI's broadest index of Asia Pacific shares outside Japan moved 0.1 per cent higher. Japan's Nikkei traded 0.2 per cent lower but Shanghai blue chips added 0.1 per cent.
Investors' focus was locked on the upcoming US Federal Reserve's policy meeting and its outlook for the economy as well as Britain's election. (ANI)Get a daily dose of Memphis Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Memphis Sun.
More InformationWASHINGTON, D.C.: The U.S. government is preparing to revise its influential dietary advice, with a significant shift: dropping the...
ZURICH, Switzerland: The U.S. saw an extraordinary rise in wealth last year, with more than 1,000 people crossing into millionaire...
THE HAGUE, Netherlands: The city that prides itself on being a beacon of peace and justice—home to institutions like the International...
BUENOS AIRES, Argentina: Since taking office in December 2023, Argentine President Javier Milei has implemented sweeping austerity...
LEMBATA, Indonesia: Indonesia's Mount Lewotobi Laki Laki erupted dramatically on June 18, generating substantial ash and smoke plumes....
MADRID, Spain: A routine oversight by Spain's power grid operator, REE, has been identified as the trigger behind the large-scale blackout...
HAYWARD, California: In a significant step toward its commercial debut, Amazon-owned Zoox has unveiled its first factory dedicated...
SAO PAULO, Brazil: Brazil is taking confident steps to restore its dominance in global poultry exports after declaring its commercial...
NEW YORK, New YorK - U.S. stocks closed mixed on Friday, with gains and losses modest, as investors and traders weighed up the escalation...
WASHINGTON, D.C.: Retail sales dropped sharply in May as consumer spending slowed after a strong start to the year, primarily due to...
WASHINGTON, D.C.: Mitsubishi Motors is the latest automaker to raise prices in the United States, joining a growing list of car companies...
INDIANAPOLIS, Indiana: Eli Lilly is making a bold play in cardiovascular gene therapy, announcing plans to acquire its partner Verve...