Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Positive global cues lift Indian equities, FMCG stocks gain

by | May 25, 2021

BSEMumbai, (IANS) : Positive global cues and healthy buying in FMCG, consumer durables and capital goods stocks lifted the Indian equity markets during the mid-afternoon trade session on Monday.

Around 12.50 p.m., the wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 19 points or 0.20 per cent to 9,446.90 points.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 30,638.88 points, traded at 30,574.27 points (at 12.45 p.m.) — up 109.35 points or 0.36 per cent from its previous close at 30,464.92 points.

The Sensex has so far touched a high of 30,712.15 points and a low of 30,569.62 points.

However, the BSE market breadth was bearish — with 1,462 declines and 1,042 advances.

“The equity benchmark indices started off the first day of the week on a positive note and witnessed gap-up opening, tracking firm global cues. Appreciation of the rupee against the US dollar in initial trades also supported the firm opening,” Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS.

“FMCG sector stocks witnessed strong buying support, led by ITC and Marico. Aviation sector stocks traded with bearish sentiments tracking higher crude oil prices.”

On Friday, the benchmark indices closed on a flat note after a volatile trade session, as investors booked profits. The NSE Nifty closed at 9,427.90 points, while the BSE Sensex closed at 30,464.92 points.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

M.A. Saleem Takes charges as Karnataka’s Top Cop

M.A. Saleem Takes charges as Karnataka’s Top Cop

BENGALURU, May 28, 2025 — M.A. Saleem, a seasoned IPS officer with over three decades of service, has been appointed Karnataka’s Director General & Inspector General of Police (DGIGP), succeeding Alok Mohan, the state’s longest-serving IPS officer, who retired...

Miss England Milla Magee Quits Miss World 2025

Miss England Milla Magee Quits Miss World 2025

Hyderabad: Milla Magee, the stunning representative of England at the Miss World 2025 pageant, shocked the audience by announcing her withdrawal from the competition. In a tearful press conference, Magee revealed that she felt pressured to compromise her values and...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *