MARKET UPDATE:Sensex up 200 points at 48,470 and Nifty topped the 14,550-mark


Published On: Wednesday, May 5, 2021 | By:

MARKET UPDATE:Sensex up 200 points at 48,470 and Nifty topped the 14,550-mark

The benchmark indices in India climbed off their early highs but were still trading in the green today(5th May 2021) as RBI Governor Shaktikanta Das unveiled liquidity support measures amid rising Covid-19 cases in India. Among the headline indices, the S&P BSE Sensex was up 200 points at 48,470 and the broader Nifty50 index topped the 14,550-mark. ONGC gained 3 percent and was the top Sensex gainer, followed by NTPC, Axis Bank, and Bharti Airtel (all up 1%). All the Nifty sectoral indices were painted green, led by the Nifty PSU Bank index, up 1.8 percent. In the broader markets, the S&P BSE MidCap and SmallCap indices were trading 0.6 percent and 0.5 percent higher, respectively. Twenty companies, including Tata Steel, Adani Enterprises, Adani Green Energy, Blue Dart Express, Ceat, Craftsman Automation, and Deepak Nitrite are set to release quarterly earnings today.

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