MARKET UPDATE:Sensex down 250 pts, Nifty hovered around 11,300-mark

Published On: Thursday, August 20, 2020 | By: Team KnowMyStock

The equity markets in India languished in today's late morning session, with financials dragging the indices. The S&P BSE Sensex was trading 278 points, or 0.72 percent, lower at 38,340 levels and the Nifty50 index hovered around 11,300-mark. ICICI Bank, down 2%, was the top Sensex loser, followed by IndusInd Bank, Larsen & Toubro, and ONBC (all down over 1%). On the other hand, IT stocks -- TCS, Infosys, and HCL Tech -- were among the few Sensex stocks trading in the green. The trend among Nifty sectoral indices was largely in the red, with the Nifty Bank, Nifty Financials, and Nifty Metal indexes all trading over 1 percent lower. The broader market, however, quickly erased the opening losses. The S&P BSE MidCap index turned flat while the SmallCap index inched into the green.

Fifty-eight companies including Indian Overseas Bank and McDowell Holdings are scheduled to announce their June quarter earnings today.

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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