MARKET UPDATE:Sensex gains 200 pts, Nifty tops 11,300

Published On: Tuesday, August 18, 2020 | By: Team KnowMyStock

The equity markets in India were trading half a percent higher today(18th August 2020), helped majorly by heavyweight Reliance Industries. The S&P BSE Sensex was trading 213 points higher at 38,260 levels and the Nifty50 index reclaimed the 11,300-mark. Reliance Industries (up 1.9 percent) was the top Sensex gainer, followed by ONGC, NTPC, and ICICI Bank (all up 1% each). On the other hand, HDFC Bank dipped 1 percent in early deals after US-based Rosen Law Firm said it plans to investigate potential securities claims against the bank following allegations of sharing "materially misleading business information" with investors. Bandhan Bank also gained 2 percent after the RBI lifted the restrictions imposed on the remuneration of the bank's MD & CEO. The trend among Nifty sectoral indices was positive, led by Nifty Financial Services, up 0.5 percent.

Thirty-six companies including Hindustan Aeronautics, Zee Entertainment Enterprise, .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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