Nifty regains 10,100 mark; Sensex soars over 350 points; Yes Bank, SBI stocks gain


Benchmark equity indices recovered in the afternoon trade led by HDFC twins, SBI, L&T, Yes Bank and Maruti. All sector gauges barring the Nifty IT index, other sectors were trading higher led by the Nifty PSU Bank index's 3.9% surge. Meanwhile, the Nifty Bank index also rose 1.6%.

At 2:39 PM, the BSE Sensex was trading at 32,950, up 353 points, while the Nifty50 index was trading at 10,085, up 87 points.

The BSE Midcap and the BSE Smallcap indices up 0.74% and 0.58%, respectively.

Adani Enterprises stock zoomed 4% after the company said Talabira (Odisha) Mining Private Limited a subsidiary of the company, has signed Coal Mining Agreement (CMA) with NLC India along with the company for development and operation of Talabira II and III coal block.

BHEL stock rose 1% after it has won an order for setting up a 75 MW Solar Photovoltaic (SPV) power plant on engineering, procurement and construction (EPC) basis, in Gujarat.

JSW Steel gained 2% after the company announced an investment of up to $500mn to set up a one million tonne steel pipe and plates facility at Texas in the US.

Volatility index India VIX slipped 2.21% to 15.2000.

Yes Bank (+4.7%), SBI (+4%), Zee (+2.9%), Bajaj Fin (+2.4%) and HDFC (+2%) were the top gainers on Nifty50.

GAIL (-4.3 %), Wipro (-3.8%), HPCL (+2.6%), IOC (-1.2%) and Infosys (-1.1%) were the top losers in today’s trade.

Out of 2,036 stocks traded on the NSE, 814 advanced, 927 declined and 295 remained unchanged today.

A total of seven stocks registered a fresh 52-week high in trade today, while 242 stocks touched a new 52-week low on the NSE.

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