HDFC twins, RIL help indices extend gains

On the sectoral front, the pharma index rose 2%, followed by realty, media, IT, FMCG and financial stocks. However, the selling pressure was seen in banking and metal indices.

Aug 19, 2019 07:08 IST India Infoline News Service

Bull Running Up
Equity benchmark indices extended gains and hit fresh intraday high in the noon trade. The Nifty is trading above 11,100-mark, up 84 points. The Sensex soared 317 points at 37,667.54 levels led by HDFC twins, Reliance Industries, ICICI Bank and L&T.

On the sectoral front, the pharma index rose 2%, followed by realty, media, IT, FMCG and financial stocks. However, the selling pressure was seen in banking and metal indices.

Shares of Spandana Sphoorty Financial were trading at Rs827.65 on BSE, a discount of 3.31% over the initial public offer price of Rs856. The stock debuted at Rs824, a discount of 4% to the initial public offer price.

GTL Infrastructure, Inox Wind, Kwality, Majesco, Max India, Videocon Industries and V-Mart Retail touched 52-week lows on NSE.

Bharti Infratel, Sun Pharma, Dr Reddy's Lab, NTPC and Larsen & Toubro were among the top gainers on the NSE.

Vodafone Idea, Yes Bank, Ashok Leyland, Tata Motors, PNB, Bank of Baroda, SAIL, IDBI Bank and JSPL were among the most traded shares on the NSE.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red. 

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