Equity indices in green, Sensex gains over 200 points

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Buying activity in FMCG and oil & gas stocks among others supported the indices. - Reuters
Buying activity in FMCG and oil & gas stocks among others supported the indices. - Reuters

Dubai - Among the Sensex stocks, ITC, L&T and Tata Steel were the major gainers, while IndusInd Bank, Hero MotoCorp and Infosys lost the most so far.

By Staff Report

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Published: Wed 20 May 2020, 9:37 AM

Last updated: Wed 20 May 2020, 11:47 AM

The key Indian equity indices traded on a positive note after opening on Wednesday with the BSE Sensex rising over 200 points.
Buying activity in FMCG and oil & gas stocks among others supported the indices, analysts said.
The Sensex was trading 30,418.74, higher by 222.57 or 0.74 per cent from the previous close of A30,196.17. It has so far touched an intra-day high of 30,596.17 and a low of 30,157.75 points.
The Nifty50 on the National Stock Exchange was at 8,953.45, higher by 74.35 points or 0.84 per cent from the previous close.
Among the Sensex stocks, ITC, L&T and Tata Steel were the major gainers, while IndusInd Bank, Hero MotoCorp and Infosys lost the most so far.
Equities elsewhere in Asia traded listless following overnight declines in the US markets, after economic indicators pointed to more signs of recession. MSCI's broadest index of Asia Pacific shares outside Japan was last seen trading 0.07 per cent lower.
Sensex had ended 167.19 points - or 0.56 per cent - higher at 30,196.17 on Tuesday, and the Nifty settled at 8,879.10, up 55.85 points - or 0.63 per cent - from the previous close.
Meanwhile the Indian rupee opened 7 paise higher at 75.57 per dollar on Wednesday to quote at Dh20.59 versus previous close of 75.64, amid buying seen in the domestic equity market.
On Tuesday, rupee ended near the day's high level at 75.64, up 27 paise from the previuse close amid buying seen in the domestic equity market.
- with inputs from Ians - business@khaleejtimes.com


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