Equity indices edge higher, realty stocks gain

ANI
23 Feb 2021, 15:18 GMT+10

Mumbai (Maharashtra) [India], February 23 (ANI): Equity benchmark indices moved up marginally during early hours on Tuesday but remained under pressure amid growing concerns over the spread over Covid-19 infections in Maharashtra.

At 10:15 am, the BSE SP Sensex was up by 226 points or 0.45 per cent at 49,970 while the Nifty 50 edged ticked up by 65 points or 0.44 per cent to 14,740.

Except for Nifty pharma, all sectoral indices at the National Stock Exchange were in the green zone with Nifty realty gaining by 3 per cent, metal by 1.3 per cent and PSU bank by 1.2 per cent.

Among stocks, DLF was up by 4 per cent to Rs 305.25 per share while Godrej Properties advanced by 2.6 per cent to Rs 1,485. Energy major ONGC jumped by 6.4 per cent to Rs 113.15 per share.

However, Asian Paints, Kotak Mahindra Bank, Bajaj Auto, Tech Mahindra and Maruti Suzuki traded with a negative bias.

Meanwhile, Asian stocks rebounded from two-week lows as rising commodity prices boosted market expectations of an improved growth outlook.

MSCI's broadest index of AsiaPacific shares outside Japan ticked up by 0.2 per cent. Hong Kong advanced by 1.1 per cent and the tech-laden South Korea's Kospi was a prominent loser, down 0.3 per cent.

Japanese markets were closed for a public holiday. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Zimbabwe Star.

More Information

33 ℉

Fair in Madison

International

Section

Hong Kong democracy leaders arrested, face long imprisonment

BEIJING, China: Actions taken last week by the Chinese People's Political Consultative Committee (CPPCC) and the National People's Congress (NPC) ...

Feb. saw most people detained at Mexican border since 2006

WASHINGTON D.C.: Officials report that 100,000 people seeking to enter the United States were detained at the Mexican border in ...

Following stringent lockdown, Buenos Aires opening up economy

SAO PAULO, Brazil: Just as Buenos Aires, Argentina is opening up its economy after what is seen as the city's ...

As George Floyd murder trial gets underway Minnesota continues to cope

MINNEAPOLIS, Minnesota -- Barring last-minute changes, court proceedings begin Monday in the trial of the former Minneapolis police officer charged ...

British PM Johnson says being overweight complicated his Covid care

LONDON, England: In a bid to reduce Covid infections among overweight Britons, Prime Minister Boris Johnson is promoting his own ...

Seeking dismissal of charges, Huawei CFO says arrest political

VANCOUVER, Canada: Lawyers for Huawei chief financial officer Meng Wanzhou have sought a dismissal of the extradition case against her, ...

Africa

Section