ANI
25 Mar 2020, 10:25 GMT+10
Mumbai (Maharashtra) [India], Mar 25 (ANI): Equity benchmark indices fluctuated between gains and losses during early hours on Wednesday as the country braced up for a three-week lockdown to break the chain of deadly COVID-19 virus.
At 10:15 am, the BSE SP Sensex was down by 36 points or 0.14 per cent to 26,638 but the Nifty 50 edged higher by 20 points or 0.25 per cent to 7,821.
All sectoral indices at the National Stock Exchange were in the negative terrain with Nifty PSU bank lower by 3.31 per cent, auto by 1.9 per cent and realty by 1.2 per cent.
Among stocks, IndusInd bank swung lower by nearly 8 per cent to Rs 287.40 per share while ICICI Bank lost by 3.9 per cent and State Bank of India by 3.4 per cent.
MahindraMahindra dropped by 7.1 per cent, ITC by 6.1 per cent, HCL Technologies by 3.7 per cent and Asian Paints by 3.5 per cent.
However, index heavyweight Reliance Industries gained by 6.16 per cent to Rs 1,001.55 per share while FMCG major Nestle India was up by 3.8 per cent. The other prominent gainers were Grasim, Cipla, Tech Mahindra and Britannia.
Meanwhile, Asian shares extended their rally in the wake of Wall Street's strong rally as the US Congress appeared closer to passing a two trillion dollar stimulus package to mitigate the economic blow from coronavirus pandemic.
MSCI's broadest index of Asia Pacific shares outside Japan rose by 1.7 per cent and South Korean gaining 3.5 per cent while Japan's Nikkei surged by 4.8 per cent.
On Wall Street overnight, the Dow Jones Industrial Average soared by 11.37 per cent, its biggest one-day percentage gain since 1933. (ANI)Get a daily dose of Leeds Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Leeds Times.
More InformationSLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
DUBLIN, Ireland: Taoiseach Micheál Martin has expressed cautious optimism that the European Union and the United States can strike...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
DUBLIN, Ireland: Despite extreme heat gripping much of mainland Europe, Irish holidaymakers are pressing ahead with their travel plans,...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...