Benchmarks rise to fresh highs; HDFC twins sparkle


PTI, Dec 15, 2020, 6:14 PM IST

Mumbai: Equity benchmark Sensex recovered from early losses to end marginally up at its new closing record on Tuesday, led by gains in index majors HDFC twins.

The 30-share BSE index ended 9.71 points or 0.02 per cent higher at 46,263.17.

Similarly, the broader NSE Nifty rose 9.70 points or 0.05 per cent to close at its fresh all-time high of 13,567.85.

Bajaj Finance was the top gainer in the Sensex pack, surging around 5 per cent, followed by Bajaj Finserv, HDFC, Tech Mahindra, HDFC Bank, UltraTech Cement and Tata Steel.

On the other hand, HUL, Nestle India, ICICI Bank, Axis Bank, SBI, TCS and ITC were among the laggards.

S&P Global Ratings on Tuesday raised India’s growth projection for the current fiscal to (-) 7.7 per cent from (-) 9 per cent estimated earlier on rising demand and falling COVID-19 infection rates.

Meanwhile, retail inflation declined to 6.93 per cent in November on softer food prices, though it remained above the comfort level of the Reserve Bank, official data released after market hours on Monday showed.

The rupee closed 8 paise lower at 73.63 (provisional) against US dollar.

Foreign portfolio investors (FPIs) were net buyers in the capital markets as they purchased shares worth Rs 2,264.38 crore on Monday, according to provisional exchange data.

Elsewhere in Asia, bourses in Shanghai, Seoul, Hong Kong and Tokyo closed on a negative note.

Stock exchanges in Europe were trading with gains in early deals.

The global oil benchmark Brent crude futures rose 0.16 per cent to USD 50.37 per barrel.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Woman dies after being hit by luxury car driven by ‘drunk’ youth in Karnataka

MLA Bharat Shetty condemns attack on Edneer Math Swamiji’s vehicle in Kerala

‘Idiot’: Former Canadian Sikh minister slams Justin Trudeau over Khalistan issue

Salman Khan gets another threat, asked to cough up Rs 5 cr

Canadian cop suspended for attending pro-Khalistan protest outside Hindu temple

Rahul Gandhi to attend caste census meeting in Hyderabad today

Udupi: Gas cylinder explosion during party causes extensive damage in apartment

Related Articles More

Markets fall in early trade amid unabated foreign fund outflows

New software for fast-tracking project approvals: Karnataka Minister Patil

In-flight passengers can access WiFi services only when allowed, say new rules

SEBI mulls separation of non-regulated activities; ‘cross-default’ definition for debenture trustees

Sensex plunges 942 points to settle at nearly 3-month low; RIL, HDFC Bank biggest drag

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Ullal: Man attacked for allegedly providing information on illegal sand mining

Woman dies after being hit by luxury car driven by ‘drunk’ youth in Bengaluru

Woman dies after being hit by luxury car driven by ‘drunk’ youth in Karnataka

Mangaluru: Coastal K’taka professionals shine globally, says MResult CEO Chandrashekhar Naik

MLA Bharat Shetty condemns attack on Edneer Math Swamiji’s vehicle in Kerala

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.