Nifty closes above 10,600; Bharti Airtel, Reliance Industries lead market rally

Positive news around the development of a potential Coronavirus vaccine and better-than-expected key economic data from the United States and China kept the momentum upwards in equity markets.

Jul 03, 2020 04:07 IST India Infoline News Service

Stock Market Up
At the end of today’s trading session, Sensex closed in green, up by 177.72 points or 0.50% at 36,021.42 while, Nifty gained by 55.65 points or 0.53% to settle at the level of 10,607.35

Overall, positive news around the development of a potential Coronavirus vaccine and better-than-expected key economic data from the United States and China kept the momentum upwards in equity markets.

Increasing intraday volatility that was witnessed today explains that the markets are still largely moving on hope, instead of considering realities. European indices such as FTSE 100, DAX and CAC 40 were seen trading lower by 0.72%, 0.57% and 1.03%, respectively.

Sensex gainers consisted of Bharti Airtel that was up by 4.05%, Bajaj Auto increased by 2.52%, TCS gained by 1.88%, Titan Company increased by 1.69%, HCL Technologies increased by 1.61%, RIL gained by 1.53%, Axis Bank rose by 1.17%, etc.

Sensex losers were made up of IndusInd Bank down by 1.50%, Tata Steel fell by 1.49%, HDFC Bank decreased by 1.42%, Bajaj Finance fell by 1.24%, Bajaj Finserv decreased by 0.63%, Maruti Suzuki fell by 0.56%, etc.

Amongst sectoral indices on BSE, the Telecom index was the biggest gainer, which was up by 3.45% while, Metal index was the biggest loser that declined by 0.51%. BSE Small-Cap rose by 0.47% while, BSE Mid-Cap gained by 0.56%.

Market Snapshot
NSE No. of Stocks No. of stocks (%)
Advances 845 45.02
Declines 956 50.93
Unchanged 76 4.05
Total 1,877 100


Indices Performance
Indices   Price Change % Change
S&P BSE SENSEX 36,021.42 177.72 0.5
S&P BSE 100 10,707.56 59.13 0.56
S&P BSE 200 4,476.46 25.32 0.57
S&P BSE 500 13,798.56 77.2 0.56


Sectoral Indices   Price Change % Change
BSE Healthcare 16,344.06 59.23 0.36
BSE FMCG 11,429.25 72.45 0.64
BSE Capital Goods 13,109.42 214.52 1.66
BSE TECK 7,862.25 125.19 1.62
BSE Information Technology 15,480.83 176.8 1.16


BSE 200 Top Gainers
Stock Price Change % Change
Bharat Electronics 97.25 8.25 9.27
Syngene International 437.2 30.95 7.62
Bharat Forge 358.85 24.45 7.31
Bharat Heavy Electricals 38.65 1.95 5.31
Adani Green Energy 375.65 17.85 4.99


BSE 200 Top Losers
Stock Price Change % Change
Motherson Sumi Systems 98.1 -5.55 -5.35
Quess Corp 345.5 -18.05 -4.96
Future Retail 136.55 -5.55 -3.91
Aditya Birla Capital 65.55 -1.95 -2.89
JSW Energy 49 -1.4 -2.78

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