MARKET UPDATE:Sensex up by 152 points at 38,460 levels and the Nifty hovered around the 11,350-mark


Published On: Friday, August 14, 2020 | By:

MARKET UPDATE:Sensex up by 152 points at 38,460 levels and the Nifty hovered around the 11,350-mark

The equity market in India edged up half a percent today(14th August 2020) ahead of the SC hearing on telcos' AGR dues later in the day. The S&P BSE Sensex added 152 points at 38,460 levels and the Nifty50 index hovered around the 11,350-mark. Reliance Industries, Larsen & Toubro, and Sun Pharma (all up 1%) were the top Sensex gainers. Besides, Eicher Motors slipped over 2 percent in early deals after posting a net loss of Rs 55 crore in the June quarter results (Q1FY21). Hero MotoCorp was also trading lower after reporting a 95 percent YoY dip in Q1 net profit. The Nifty sectoral indices were trading largely in the green, led by the Nifty Pharma index, up 0.6 percent. In the broader market, the S&P BSE MidCap and SmallCap indexes were trading 0.12 and 0.58 percent higher, respectively.

Two hundred and thirty-one companies including Glenmark Pharma, Berger Paints, and HIndalco Industries are scheduled to announce their June quarter 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: