ANI
16 May 2022, 18:27 GMT+10
Mumbai (Maharashtra) [India], May 16 (ANI): The Indian stock markets' key indices, Sensex and Nifty, were witnessing volatile trading with a positive bias on Monday as losses in infra and IT stocks were offset by gains in banking and auto scrips.
The 30 stock SP BSE Sensex was trading 63.72 points or 0.12 per cent higher at 52,857.34 points at 12.54 pm, against its previous session's close at 52,793.62 points.
Earlier, the Sensex started the day in the positive at 52,946.32 points and jumped to a high of 53,428.28 points in the morning trade. However, the Sensex slipped into the negative in the afternoon session falling to a low of 52,632.48 points.
The Sensex is trading with a positive bias after six straight sessions of losses. The index had lost 136.69 points or 0.26 per cent on Friday, the last trading session.
The broader Nifty 50 of the National Stock Exchange was trading 44.60 points or 0.28 per cent higher at 15,826.75 points against its previous session's close at 15,782.15 points.
UltraTech Cement slumped 2.17 per cent to Rs 6065.55 after Adani Group clinched a deal to buy Ambuja Cements and ACC from Holcim Ltd. Share prices of Ambuja Cements and ACC have surged while rival UltraTech Cement and Shree Cements have declined.
Asian Paints, ITC, Nestle India, Infosys and Tech Mahindra were among the other major Sensex losers.
State Bank of India surged 2.64 per cent to Rs 456.80. NTPC jumped 2.81 per cent to Rs 148.10. Maruti Suzuki, IndusInd Bank, Kotak Bank, MahindraMahindra and Titan were among the major Sensex gainers. (ANI)
Get a daily dose of Munich Metro news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Munich Metro.
More InformationLONDON, England: A second referendum on Scottish independence is set to be held in October 2023. The Scottish government, led ...
BERLIN, Germany: A German Interior Ministry spokesperson has said that in a bid to relieve airports overwhelmed by staff shortages ...
PARIS, France: In a written statement made this week confirming a report from broadcaster RTL, France's energy ministry said the ...
WATFORD, UK: Watford F.C. has cancelled a friendly match against the Qatar national team due to the Gulf country's human ...
JAKARTA, Indonesia: Indonesian President Joko Widodo has said that he will urge his Russian and Ukrainian counterparts to open peace ...
ISTANBUL, Turkey: Turkish police detained dozens of people after local authorities banned Istanbul's annual Pride parade from going ahead this ...
DUBAI, UAE: The Arab states have built significant amounts of solar and wind power installations, and are in line to ...
LONDON, England: A second referendum on Scottish independence is set to be held in October 2023. The Scottish government, led ...
LISBON, Portugal: Tuvalu Foreign Minister Simon Kofe walked out of the opening cermonies of this week's United Nations Ocean Conference ...
SULAWESI, Indonesia: Using just a rope, an Indonesian man, supported by fellow villagers on the island of Sulawesi, captured a ...
WATFORD, UK: Watford F.C. has cancelled a friendly match against the Qatar national team due to the Gulf country's human ...
ISTANBUL, Turkey: Turkish police detained dozens of people after local authorities banned Istanbul's annual Pride parade from going ahead this ...