MARKET UPDATE:Sensex down 90 points around 40,700 levels and Nifty hovered around 11,950


Published On: Thursday, October 15, 2020 | By:

MARKET UPDATE:Sensex down 90 points  around 40,700 levels and  Nifty hovered around 11,950

The benchmark indices in India were trading lower today(15th October 2020) after quickly giving up the opening gains. The S&P BSE Sensex was trading around 40,700 levels, down 90 points, and the Nifty50 hovered around 11,950. Infosys gained 4 percent after delivering a healthy set of numbers in the second quarter of FY21. Besides, Tata Steel (up 2%), ONGC, and NTPC (both up 1%) were the other top Sensex gainers. The trend among the Nifty sectoral indices was mixed, with the Nifty Bank index, down 0.7 percent, leading the list of losers. In the broader market, the S&P BSE MidCap and SmallCap indices were both up 0.2 percent, each. Oil and gas pipeline infrastructure service provider Likhitha Infrastructure will list its shares on bourses today, with the final issue price fixed at Rs 120 per share. Overall, the issue was subscribed to 9.51 times, and analysts expect the issue to see a muted listing.

Fifteen companies including Mindtree, South Indian Bank, and Cyient 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: