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

MarketScreener Homepage  >  Indexes  >  World  >  SENSEX 30       XC0009698199

SENSEX 30

SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index components

Sensex, Nifty end higher as banks return to gains after early sell-off

11/13/2020 | 05:30am EST
People walk past the Bombay Stock Exchange (BSE) building in Mumbai

BENGALURU (Reuters) - Indian shares ended higher in a choppy trading session on Friday as banking and financial stocks reversed early losses, with the main indexes recording gains for a second week in a row.

The NSE Nifty 50 index and the benchmark S&P BSE Sensex ended about 0.2% higher at 12,719.95 and 43,443, respectively. The indexes, which posted weekly gains of over 3% each, had fallen as much as 0.6% during the session.

The Nifty banking index closed 0.66% higher during the session and rose for four of five days this week, advancing 19% so far this month.

"Some of the private-sector banks are doing very well in terms of capital adequacy ratios and risk management compared to the industry average and they have seen large gains in the current rally," said Saurabh Jain, assistant vice president at SMC Global Securities Ltd.

Gains among banking stocks have helped the main Nifty index rise over 19% so far this month.

India's top lender State Bank of India firmed 1.5%, while its private-sector peers Axis Bank and ICICI Bank advanced about 1.8% each.

The Nifty realty rose about 1.3% after the government announced a new set of stimulus measures, including additional funding for real estate developers and contractors.

Oil-to-telecoms conglomerate and India's most valuable company Reliance Industries gained about 1% after recovering from a 5% drop in the last two sessions.

Automaker Eicher Motors firmed 7.4% and was the top gainer among Nifty stocks after the company reported a better-than-expected profit in the July-September quarter on Thursday.

Rival automaker Tata Motors was the session's top loser and fell about 3.3%.

Meanwhile, MSCI's all-country equity index slipped 0.1% as rising coronavirus infections in the United States and Europe offset optimism from a potential vaccine.

(Reporting by Derek Francis in Bengaluru; Editing by Krishna Chandra Eluri)

By Derek Francis


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BANK OF INDIA LIMITED -3.50% 51 End-of-day quote.4.83%
EICHER MOTORS LIMITED 1.65% 2975.15 End-of-day quote.17.59%
ICICI BANK LIMITED -3.42% 533.8 Delayed Quote.-0.23%
NIFTY 50 -1.50% 14371.9 Delayed Quote.2.79%
SENSEX 30 -1.50% 48878.54 Real-time Quote.2.36%
STATE BANK OF INDIA -3.78% 283.7 Delayed Quote.3.18%
TATA MOTORS LIMITED -0.36% 289.4 End-of-day quote.57.54%
All news about SENSEX 30
01/22Sensex, Nifty end lower as banks, metals drag; Reliance results in focus
RE
01/22Indian shares end lower as banks, metals drag; Reliance results in focus
RE
01/22Indian Indices Settle Deep in Red; McNally Bharat Climbs 5%
MT
01/22Indian Equities See Losses for Second Straight Day amid Weak Domestic and Glo..
MT
01/22Indian shares flat; Reliance in focus ahead of results
RE
01/21Nasdaq Sets Record As Big Tech Stocks Outperform
DJ
01/21WALL STREET STOCK EXCHANGE : Stocks Finish Flat After Jobless Claims Data
DJ
01/21WALL STREET STOCK EXCHANGE : Stocks Edge Higher Despite Jobless Claims Data
DJ
01/21WALL STREET STOCK EXCHANGE : Stocks Waver After Jobless Claims Data
DJ
01/21WALL STREET STOCK EXCHANGE : Stocks Edge Higher After Jobless Claims Data
DJ
More news
News of the index components SENSEX 30
01/23RELIANCE INDUSTRIES : Extract of Unaudited Consolidated Financial Results for th..
PU
01/23MARUTI SUZUKI INDIA : India's favourite- Maruti Suzuki Swift captures the pole p..
PU
01/22Reliance beats profit estimates as cost controls blunt oil hit
RE
01/22RELIANCE INDUSTRIES : Unaudited Financial Results (Standalone and Consolidated) ..
PU
01/22RELIANCE INDUSTRIES : Unaudited Financial Results (Standalone and Consolidated) ..
PU
01/22Sensex, Nifty end lower as banks, metals drag; Reliance results in focus
RE
01/22RELIANCE INDUSTRIES : 3Q Net Profit Rose
DJ
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
BAJAJ AUTO 4089.5 Delayed Quote.10.43%
HERO MOTOCORP LTD 3374.9 Delayed Quote.3.93%
TATA MOTORS LIMITED 113.55 Delayed Quote.3.04%
HINDUSTAN UNILEVER LIMITED 2409.35 Delayed Quote.1.76%
TATA CONSULTANCY SERVICES 3303.1 Delayed Quote.0.89%
ICICI BANK LIMITED 533.8 Delayed Quote.-3.42%
INDUSLND BANK LIMITED 893.3 Delayed Quote.-3.52%
STATE BANK OF INDIA 283.7 Delayed Quote.-3.78%
ASIAN PAINTS 2596.65 Delayed Quote.-4.41%
AXIS BANK 644.5 Delayed Quote.-4.64%
Heatmap :