For Quick Alerts
For Daily Alerts

    Sensex Trades Higher as Asian Markets Rally on Chinese GDP Data


    Asian markets rallied and the Sensex followed suit on the back of higher than expected GDP data from China.

    The Sensex was trading higher by 92 points, while the Nifty rallied 31 points in trade. Leading the set of gainers from the Nifty and the Sensex were once again the banking stocks led by ICICI Bank, HDFC Bank, Punjab National Bank and State Bank of India.

    Sensex Trades Higher as Asian Markets Rally on Chinese GDP Data
    Hindustan Unilever continued to lose ground after a poor set of results. The stock lost 2 per cent in trade after losing almost 5 per cent on Monday. The company reported a poor set of volume numbers which upset the markets.

    Shares in Tata Sponge Iron fell after the company reported a poor set of numbers. Mindtree was lower after a downgrade by a leading brokerage firm.

    Mid cap stocks were also trading higher led by gains in Crisil, GSPL, Just Dial and MAX.

    Real estate stocks were also in demand led by gains in DLF and Unitech. Meanwhile, markets across Asia were trading with gains, after Chinese data came in better than expected.

    Read more about: sensex nifty
    Story first published: Tuesday, January 20, 2015, 9:38 [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

    Get Latest News alerts from Goodreturns

    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