For Quick Alerts
For Daily Alerts

Sensex, Nifty end higher as geo-political tensions ease

Sensex, Nifty end higher as geo-political tensions ease
The Sensex and the Nifty ended the day higher on the back of easing geo-political tensions across the globe, particularly with regards to Iraq and escalation of conflict there.

The Sensex ended the day higher by 190 points, while the Nifty ended the day higher by 57 points. Leading the set of gainers from the Nifty was Mahindra and Mahindra which jumped a huge 6 per cent. Other notable winners were IT Major Infosys and Maruti Suzuki. Tata Motors which is set to declare its results later today also notched up smart gains in excess of 2 per cent.

Power majors like NTPC and Tata Power ended the day weak along with the likes of Dr Reddy's and HDFC Bank.

Shares in IDBI Bank slid almost 3 per cent, after reports that the CBI was investigating the bank for loans to Kingfisher Airlines. Most of the other PSU Banking stocks ended the day with smart gains. However, Dena Bank dropped after its profits for the quarter ending June 30, 2014 fell sharply. The stock was down 4 per cent in trade.

The one sector that clearly outperformed today was the real estate sector after SEBI approved Real Estate Investment Trust. Among the gainers were DLF, Kolte Patil and Brigade Enterprises.

Mid cap stocks also had a good day in trade. Aurobindo Pharma jumped a huge 6 per cent, while other notable winners were Voltas, IFCI and HPCL.

Meanwhile, markets in Europe were trading higher while most of Asia ended the day with smart gains.

Read more about: sensex nifty idbi bank ntpc tata power
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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