Equity indices flat amid lacklustre trading, HUL dips 1 pc

ANI
04 May 2021, 10:48 GMT+10

Mumbai (Maharashtra) [India], May 4 (ANI): Key equity indices were range-bound during early hours on Tuesday as the fear of a continuous rise in Covid cases and extended lockdowns in various states capped market sentiment.

At 10:15 am, the BSE SP Sensex was up by 34 points or 0.08 per cent at 48,752 while the Nifty 50 ticked up by 12 points or 0.08 per cent to 14,646.

Sectoral indices at the National Stock Exchange were mixed with Nifty PSU bank gaining by 2.3 per cent but financial service, FMCG and pharma were in the red.

Among stocks, FMCG major Hindustan Unilever dropped by 1 per cent to Rs 2,382.30 per share and Reliance Industries slipped by 1.2 per cent.

The other major losers were Wipro, HDFC Bank, Titan, Maruti Suzuki and Tata Consumer Products. However, those with marginal gains included Hindalco, ONGC, State Bank of India, Axis Bank and ICICI Bank.

Meanwhile, Asia's share markets were mostly higher as regional equity investors looked to signs of recovery from the coronavirus pandemic while major economies around the world reopen.

MSCI's broadest index of Asia Pacific shares outside Japan was up by 0.05 per cent on the back of a positive lead from Wall Street overnight.

Hong Kong's Hang Seng Index opened 0.3 per cent higher. Japan and mainland China's markets remained closed for holidays, dampening trading volumes across the region. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Broadcast Communications.

More Information

null in null

Business

Section

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

U.S. stocks recover after Trump-tariffs-induced slump

NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...

Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...

Sectors - Broadcasting

Section