MARKET UPDATE: Indices volatile;Sensex trading around 51,280 levels and the Nifty hovered around 15,100


Published On: Thursday, February 11, 2021 | By:

MARKET UPDATE: Indices volatile;Sensex trading around 51,280 levels and the Nifty hovered around 15,100

The benchmark indices in India fluctuated between gains and losses in today's(11th February 2021) early morning deals, ahead of the weekly options expiry. The S&P BSE Sensex was trading around 51,280 levels, down 30 points while the broader Nifty50 index hovered around 15,100. Titan slid 2 percent after the announcement of its December quarter results and was the top Sensex laggard, followed by ONGC, Mahindra & Mahindra, and HDFC (all down over half a percent). Among other individual stocks, Magma Fincorp rallied 10 percent on a report that Adar Poonawalla-controlled Rising Sun Holdings will acquire a 60 percent stake in the non-banking financial company by subscribing to a Rs 3,456-crore preferential issue. The Nifty sectoral indices were trading mixed, with the Nifty Auto index, down 0.7 percent, being the worst-performer.

Four hundrd and forty-two companies, including ITC, Coal India, ACC, and Ashok Leyland are scheduled to announce their quarterly earnings today.


We are on Telegram!

Telegram Logo

JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.

Click Here!

Follow Us On: