Sensex climbs over 150 points; Britannia slips 4.5%

Nifty Bank was down 0.8% followed by Nifty FMCG, financial services, metal and pharma were also in the red at opening trade.

Oct 20, 2020 09:10 IST India Infoline News Service

Sensex Up
Benchmark indices opened marginally lower on Tuesday tracking global peers. However, the stock market is trading higher led by index heavyweights Infosys, Reliance and HDFC Bank.

At 9:18 AM, the Sensex was trading 74 points lower at 40,358 while the Nifty fell 26 points to 11,847. The broader markets were also in the red but were mainly flat in early deals.

On the sectoral front, Nifty Bank was down 0.8% followed by Nifty FMCG, financial services, metal and pharma were also in the red at opening, while, IT index rose 0.7% and auto also gained in early deals.

Shares of Britannia Industries slipped 4.5% despite posting a healthy 23% increase in net profit for the September quarter.

Hindustan Unilever, Larsen & Toubro Infotech, Bombay Dyeing & Manufacturing, CCL Products, CRISIL among others will announce quarterly earnings today.

Related Story