Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Indexes
  3. World
  4. SENSEX 30
  5. News
  6. Summary


SummaryMost relevantAll NewsOther languagesNews of the index components

Indian shares end higher in volatile trade; Future Group firms slide

03/19/2021 | 05:29am EDT
A bird flies past the Bombay Stock Exchange building in Mumbai

BENGALURU (Reuters) - Indian shares recovered from early losses to end higher on Friday in a volatile session, as a pullback in U.S. Treasury yields from 14-month highs brought back some risk appetite into the market, which has fallen nearly 2% this week.

The blue-chip NSE Nifty 50 index ended up 1.28% at 14,744 and the benchmark S&P BSE Sensex rose 1.3% to 49,858.24. Earlier in the session, the Sensex and Nifty shed up to 1.43% and 1.28%, respectively.

"There is some minor correction in (U.S.) bond yields and the market is appreciating that. The Nifty was in a oversold zone and there is some recovery there as well as some short covering," said Rahul Sharma, head of research, Equity99 Advisors in Mumbai.

U.S. bond yields on Friday edged off the 14-month highs reached the day before. India's two main stock exchanges posted their first weekly decline in three on a fresh surge in domestic COVID-19 cases and rising U.S. bond yields.

Sentiments in the short-term, however, are weak due to a rise in COVID-19 cases and volatility in bond yields, Sharma said.

India's coronavirus infections surged to a more than a three-month high on Friday, led by record daily increase in the western state of Maharashtra, where authorities have adopted fresh curbs to restrain the spread of the disease.

Shares of multiplex operators PVR Ltd and smaller rival Inox Leisure Ltd fell as much as 6.7% and 5.4%, respectively, after Maharashtra made RT-PCR COVID-19 test report mandatory for people entering shopping malls.

Future Group companies, including Future Retail and Future Consumer, dropped nearly 10% each.

An Indian court on Thursday restrained Future Group chief Kishore Biyani from selling his personal assets following Amazon.com Inc's challenge against the Indian group's $3.4 billion sale of its retail business to Reliance Industries.

(Reporting by Anuron Kumar Mitra and Sethuraman N R in Bengaluru; Editing by Shailesh Kuber)

By Sethuraman N R

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
INOX LEISURE LIMITED 2.28% 313.5 End-of-day quote.10.91%
NIFTY 50 0.59% 17501.95 Delayed Quote.25.77%
RELIANCE INDUSTRIES LTD 0.48% 2406.85 Delayed Quote.20.60%
SENSEX 30 -0.89% 58490.93 Real-time Quote.23.59%
All news about SENSEX 30
01:34aIndian shares hemmed in tight range as energy stocks negate auto losses
01:23aSENSEX 30 : Arohan Financial Services Plans IPO in December Quarter
09/20Indian shares slip 1%, hammered by losses in metal
09/20Indian Indices Open the Week Lower; Tata Steel Tanks 10%
09/20SENSEX 30 : Indian Benchmarks Extend Losses on Monday
09/20Asian Stock Markets Decline on Property Outlook; China, Japan on Holiday
09/17Indian Indices End the Week in Red; Kotak Mahindra Bank Jumps 5%
09/17SENSEX 30 : Indian Benchmarks End Three-Day Winning Run on Friday
09/17Asian Stock Markets Choppily Higher On Bargain-Hunting, Tech Gains, Softer Yen
09/17Indian shares book fourth straight weekly gain on government support boost
More news
News of the index components SENSEX 30
05:09aIndia plan for tighter e-commerce rules faces internal government dissent -documents
05:09aYES BANK : Ties Up with Visa to Offer Credit Cards
04:51aHCL TECHNOLOGIES : Ties Up with German Lending Firm to Create Digital Platform for SMEs
01:33aIndian shares hemmed in tight range as energy stocks negate auto losses
09/20HCL TECHNOLOGIES : Bags Five-Year Digital Transformation Deal with US-Based MKS Instrument..
09/20HCL TECHNOLOGIES : and Cricket Australia Conclude TechJam'21; Solutions to Empower Game Ex..
09/20India's Cars24 valuation nearly doubles after $450 mln raise
More news
Chart SENSEX 30
Duration : Period :
SENSEX 30 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SENSEX 30
Short TermMid-TermLong Term
Top / Flop SENSEX 30
INDUSLND BANK LIMITED 1130.9 Delayed Quote.3.76%
BAJAJ FINANCE LIMITED 7720 Delayed Quote.3.73%
INFOSYS LIMITED 1725.3 Delayed Quote.2.22%
HCL TECHNOLOGIES LIMITED 1300.3 Delayed Quote.1.89%
BAJAJ AUTO LIMITED 3776.05 End-of-day quote.-1.21%
HERO MOTOCORP LTD 2840.2 Delayed Quote.-1.71%
MARUTI SUZUKI INDIA LTD 6773.7 Delayed Quote.-2.54%
YES BANK LIMITED 12.8 End-of-day quote.-3.40%
VEDANTA LIMITED 286.7 End-of-day quote.-4.99%
Heatmap :