For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Indices trade higher on strong global cues

    |
    Indices trade higher on strong global cues
    Indian benchmark indices opened the day higher, as strong closings in Europe and the US, saw buying interest at lower levels.
     

    The Sensex was trading higher by 83 points, while the Nifty gained 27 points in early trade. Among the stocks that saw maximum gains from the Nifty stocks were HDFC, Tata Motors, Ambuja Cements and Tata Steel.

    The early losers from the Nifty included Infosys, Ultratech Cement, Grasim and Sun Pharma. Shares of Bharti Airtel which rallied sharply on Monday was trading flat at Rs 309, despite reports of IPO for its tower business.

    Reliance Capital surged 2.6% after reports that the company has begun talks to sell 26 per cent equity in its general insurance arm to a foreign partner.

    Banking stocks saw buying support emerge, except for Punjab National Bank, which dropped marginally.

    Shares of Deccan Chronicle hit a 52 week low on sustained selling pressure in the counter.

    Meanwhile, shares in Asia were trading higher, after strong closings in Europe and the US, on hopes that there might be a solution to the fiscal crisis in the US.

    GoodReturns.in

    Read more about: sensex nifty
    Story first published: Tuesday, November 20, 2012, 9:39 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more