Sensex up 100 pts, pharma stocks gain, banks decline
Wednesday,
30-Sep-2020
01:40 PM (IST)
The Indian markets were trading with 0.4 per cent gains in the afternoon deals on Wednesday. Among the headline indices, the S&P BSE Sensex was trading around 38,109 levels and the Nifty50 index hovered around the 11,250-mark. Tata Steel (down 2.5%) was the top Sensex laggard, followed by Power Grid and NTPC (both down over 1%). Shares of Reliance Industries rose 1 per cent in early days after the company said that General Atlantic, a leading global growth equity firm, will invest Rs 3,675 cr in Reliance Retail Ventures Limited. The trend among Nifty sectoral indices was mixed, with Nifty Bank index, down 1 per cent, leading the list of losers. In the broader market, the S&P BSE MidCap and SmallCap indexes were trading 0.2 per cent higher, each.
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