Domestic markets loose early gains; Sensex up 69 points, Nifty at 11,193
At 11.43 pm the Sensex was up 69.83 points at 38,213.85 while the Nifty traded at 11,193.40, higher by 60.65 points
At 11.43 pm the Sensex was up 69.83 points at 38,213.85 while the Nifty traded at 11,193.40, higher by 60.65 points
After rallying over 785 points in the first few minutes of trade, the 30-share index was up 666.80 points at 38,964.09 at 12.01 pm.
The total income of the company rose to Rs 25,953.09 crore during the quarter under review from Rs 25,677.09 crore a year ago, it said in a BSE filing.
At 1319 hours, the 30-share BSE index was trading 221.06 points higher at 41,363.72, and the broader NSE advanced 51.85 points to 12,135.35.
At 11.35 a.m., the Nifty50 on the National Stock Exchange (NSE) was trading at 11,999.85 points, higher by 0.32 per cent from the previous close of 11,962.10 points.
Sensex had earlier touched the 41,300.03 mark by taking a jump of 333.17 points during the first hour of the trade.
Company’s stock gained 2.59 per cent to trade at Rs 3,261.30 on the BSE and on the NSE, the scrip traded higher by similar margins at Rs 3,262.
The domestic market expects more sops in the Union Budget 2020, which is scheduled to be presented on February 01.
The Nifty50 was at 12,315.85, up by 59.05 points, while the Sensex reached a record level of 41,818.35 points at 01.38 pm.
The scrip rallied 4.5 per cent to Rs 173.85 on the BSE at 2.52 pm and at NSE, it climbed 4.45 per cent to Rs 173.80.
