MARKET UPDATE:Sensex gained 450 points at 51,730 levels and the Nifty topped 15,300


Published On: Friday, March 12, 2021 | By:

MARKET UPDATE:Sensex gained 450 points at 51,730 levels and the Nifty topped 15,300

The benchmark indices in the Indian market traded firm, up nearly 1 percent, in today's(12th March 2021) early deals, tracking similar cues from their Asian peers which rallied after President Joe Biden signed his $1.9 trillion stimulus bill into law. Among the headline indices, the S&P BSE Sensex gained 450 points at 51,730 levels and the Nifty50 index topped 15,300. HDFC Bank, Axis Bank, Titan, ONGC, Larsen & Toubro, ICICI Bank, and IndusInd Bank rose 1 percent each among Sensex constituents. Among other individual stocks, IDBI Bank rallied 17 percent after the bank was taken out of the PCA framework by the RBI. The Nifty sectoral indices were painted green, led by the Nifty Private Bank index, up 1.3 percent. In the broader markets, the S&P BSE MidCap and SmallCap indices traded 0.6 percent and 0.8 percent higher, respectively.

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: