Monday, October 26, 2020
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Sensex ends 60 factors increased, Nifty above 11,350

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Sensex ends 60 factors increased, Nifty above 11,350

Domestic fairness benchmark Sensex ended 60 factors increased after a risky session on Monday amid blended cues from international markets. After swinging 459.18 factors in the course of the day, the 30-share BSE index settled 60.05 factors or 0.16 per cent increased at 38,417.23. Similarly, the NSE Nifty superior 21.20 factors or 0.19 per cent to shut at 11,355.05.

HUL was the highest gainer within the Sensex pack, rising round 2 per cent, adopted by TCS, ITC, Asian Paints, HDFC, HCL Tech and Nestle India.

On the opposite hand, M&M, Bajaj Finance, NTPC, ExtremelyTech Cement and ONGC had been among the many laggards.

Narendra Solanki, Head- Equity Research (Fundamental), Anand Rathi mentioned the markets began off the week on a blended word following sluggish Asian market traits as merchants took word of rising US-China tensions.

In the afternoon session, nonetheless, the markets tried a comeback led by shopping for in index heavyweights Reliance Industries, TCS and HDFC, however failed to carry on to the positive aspects amid lack of route from international equities resulting from vacation within the US market, he added.

Bourses in Shanghai, Hong Kong and Tokyo ended with losses, whereas Seoul settled with positive aspects.

Stock exchanges in Europe had been buying and selling a constructive word in early offers.

Global oil benchmark Brent crude was buying and selling 1.73 per cent decrease at USD 41.91 per barrel.

In the foreign exchange market, the rupee depreciated 21 paise to finish at 73.35 towards the US greenback.

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