Benchmark indices had been buying and selling greater throughout the afternoon on Friday.
The pullback rally continued because the market began off on a optimistic notice amid agency international cues. Indices prolonged beneficial properties within the first half amid broad primarily based shopping for. Nevertheless, IT shares confronted stress.
At 1:15 pm, the BSE Sensex was buying and selling at 52,633.14, uo 367.42 factors or 0.70 per cent. It recorded an intraday excessive of 52,909.87 and a low of 52,447.25. The Nifty 50 was buying and selling at 15,676.45, up 119.80 factors or 0.77 per cent. It recorded an intraday excessive of 15,749.25 and a low of 15,619.45.
M&M, Bajaj Finance, Hero Motocorp, Hindustan Unilever and JSW Metal had been the highest gainers on the Nifty 50 whereas Tech Mahindra, Infosys, HCL Tech, Apollo Hospitals and TCS had been the highest laggards.
IT underneath stress
When it comes to the sectoral indices, all indices besides Nifty IT had been within the inexperienced. Financials, FMCG, auto and metals recorded greater beneficial properties
.Nifty IT was down over 1 per cent.
Nifty PSU Financial institution was up almost 2 per cent whereas Nifty Personal Financial institution was up 1.57 per cent. Nifty Financial institution was up 1.5 per cent. Nifty Monetary Companies, Nifty Auto, Nifty FMCG and Nifty Steel had been every up over 1 per cent.
Broader indices had been additionally buying and selling greater.
Nifty Midcap 50 was up 1.08 per cent whereas Nifty Smallcap 50 was up 1.49 per cent. The S&P BSE Midcap was up 1.22 per cent whereas the S&P BSE Smallcap was up 1.24 per cent.
The volatility index rose 0.11 per cent to 20.91.
June 24, 2022