Market pulse at 2:30 PM today

Here is the stock market performance at 2:30 PM today.

May 12, 2021 02:05 IST India Infoline News Service

  • Indices remain bearish despite surge in PSU Bank stocks; IT and Banking stocks drag.
  • BSE Sensex is currently trading 48,769.44 down 392.37 points or 0.80%.
  • Nifty50 is currently 14,738.60 down 112.15 points or 0.76% %. Nifty Bank is trading down 0.74% at 32,627.35 while Mid-cap Index is up by 0.01%.
  • Tata Motors, State Bank of India, Power Grid, UPL, and NTPC are the top gainers while HUL, SBI Life, Shree Cement, ICICI Bank, and IndusInd Bank are the top losers.
  • Nifty PSU Bank stocks soar nearly 5.5% to drive trade on Wednesday while Nifty IT, Banking and Financial Services drag. 
  • Out of 50 stocks traded on the NSE, 16 advanced, 33 declined and 1 unchanged.

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