Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Indexes
  3. World
  4. SENSEX 30
  5. News
  6. Summary
       XC0009698199

SENSEX 30

SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index components

Indian shares rise as financials gain, blue-chip earnings in focus

10/23/2020 | 01:05am EDT

BENGALURU, Oct 23 (Reuters) - Indian shares rose on Friday, driven by gains in banks and conglomerate Reliance Industries, with investors focused on U.S. stimulus talks and earnings reports from domestic blue-chip companies due later in the day.

The NSE Nifty 50 index rose 0.5% to 11,953.7 by 0444 GMT, while the benchmark S&P BSE Sensex was up 0.44% at 40,726.46. Both the indexes were set for weekly gains of more than 1% each.

Asian peers were little changed as the final debate between U.S. President Donald Trump and Democratic challenger Joe Biden offered little to impress investors.

"Markets are going to be on the sidelines until the U.S. elections are over, since no one really knows what the outcome is going to be, and progress in stimulus there may depend on the outcome," said Umesh Mehta, head of research at Samco Securities in Mumbai.

"We may see marginal gains in domestic markets in the absence of any major negative news."

In Mumbai, HDFC Bank Ltd and ICICI Bank Ltd rose 1.2% and 1.8%, respectively, while Reliance Industries Ltd, India's largest company, gained 1.3%.

Investors were awaiting earnings reports from Nifty components Nestle India Ltd, Tech Mahindra Ltd and JSW Steel Ltd.

Corporate results this week, dominated by consumer goods firms, have been a mixed bag, although most expected a rise in demand going forward.

Credit card company SBI Cards and Payment Services Ltd tumbled 10% to a ten-week low after reporting a lower profit and a sharp drop in asset quality in the September quarter.

The Reserve Bank of India is slated to release the minutes of the October monetary policy meeting later in the day, which markets will be watching for further clues on the central bank's view of the economy and also the stances of new committee members. (Reporting by Chris Thomas in Bengaluru; Editing by Aditya Soni)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMBUJA CEMENTS LIMITED -1.17% 337.7 End-of-day quote.35.70%
ASIAN PAINTS LIMITED -0.21% 2949.9 Delayed Quote.6.94%
BAJAJ CONSUMER CARE LIMITED -1.61% 297.05 End-of-day quote.38.71%
BANK OF INDIA LIMITED -0.37% 80.45 End-of-day quote.65.36%
COLGATE-PALMOLIVE (INDIA) LIMITED 0.07% 1704.2 End-of-day quote.8.86%
HDFC BANK LIMITED 0.36% 1486.35 End-of-day quote.3.48%
HINDUSTAN UNILEVER LIMITED -0.59% 2366.55 End-of-day quote.-1.13%
ICICI BANK LIMITED -0.09% 635.15 Delayed Quote.18.81%
IMPRESS HOLDINGS, INC. -0.96% 206 End-of-day quote.22.62%
JSW STEEL LIMITED 3.56% 731.05 End-of-day quote.88.76%
NESTLÉ INDIA LIMITED -0.02% 17543.05 End-of-day quote.-4.62%
NIFTY 50 0.08% 15811.85 Delayed Quote.13.00%
RELIANCE INDUSTRIES LTD 1.43% 2244.9 Delayed Quote.11.48%
SAMCO INC. -2.95% 3125 End-of-day quote.-17.00%
SBI CARDS AND PAYMENT SERVICES LIMITED -0.63% 1095.7 End-of-day quote.28.79%
SENSEX 30 0.15% 52551.53 Real-time Quote.9.89%
TECH MAHINDRA LIMITED -0.35% 1069.25 Delayed Quote.10.25%
THE BOMBAY DYEING AND MANUFACTURING COMPANY LIMITED 2.88% 89.2 End-of-day quote.12.06%
All news about SENSEX 30
07:25aIndian Stocks Open the Week in the Green
MT
07:14aSENSEX 30  : Indian Indices Continue Gains from Last Week
MT
06:40aAsian Stock Markets Muted; Hong Kong, China, Australia, Taiwan Closed on Holi..
MT
06:39aIndian shares end higher as Reliance gains; inflation data in focus
RE
06:30aIndian shares end higher as Reliance gains; inflation data in focus
RE
04:03aIndia's Wholesale Inflation Accelerates to Record High in May as Fuel Costs S..
MT
01:29aAdani stocks weigh on Indian shares; CPI data eyed
RE
06/11SENSEX 30  : Indian Stocks End the Week in Green; Tata Steel's Stock Soars Over ..
MT
06/11Asian Stock Markets Edge Higher on Wall Street Cues, Inflation Concerns Shrug..
MT
06/11SENSEX 30  : Indian Indices Extend Gains on Week's Close
MT
More news
News of the index components SENSEX 30
03:32aMARKET CHATTER : ITC Plans to Add Six New Hotels Under Welcomhotel Brand in 12 M..
MT
03:30aNTPC  : Invites Potential Bidders for Hydrogen Fuel Cell Pilot Projects
MT
06/13TATA CONSULTANCY SERVICES  : Redesigns Customer Engagement Program for France's ..
MT
06/11OIL AND NATURAL GAS  : PSUs take up initiative to support various Art & Handicra..
PU
06/11NTPC  : Intimation regarding Closure of Trading Window...Click here.
PU
06/11TATA CONSULTANCY SERVICES  : Expands Tie-Up With UK's Virgin Atlantic
MT
06/11TATA CONSULTANCY SERVICES  : Expands Partnership with Virgin Atlantic
MT
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
TrendsBullishBullishBullish
Top / Flop SENSEX 30
Heatmap :