Domestic Equity market traded positively as gains in the Metals, Real Estate and Oil & Gas sectors propelled shares higher. At close, the Sensex ended 7.09 points or 0.01% higher at 49,751.41 with shares of ONGC, IndusInd Bank, L & T, Ultratech Cement, SBI,NTPC, Titan were having gains of 5.55%, 2.65%, 2.35%, 1.68%, 1.57%, 1.52%,1.41% respectively while shares of Kotak Bank, Maruti, Bajaj Auto, HDFC Bank, HCL Tech ,HDFC were having loss of 3.87%, 1.66%, 1.36%, 1.26%, 1.02%, 1.00% respectively. The Nifty rose 32.10 points or 0.22% to settle at 14,707.80 with sectors like Metal, Realty, Energy, Auto, FMCG Indexes gained by 3.89%, 2.70%, 2.08%, 0.77%, 0.41% respectively while Bank and Pharma Indexes were the losers with a loss of 0.40%, 0.02% respectively.
TOP STOCKS IN NEWSCAST:
Oil and Natural Gas Corporation (ONGC) surged over 5%, hit a fresh 52-week high of Rs 113.95 on the back of rising oil prices.
L & T gained over 2% after its power and distribution business won orders to execute in various states across the country.
SBI rose over 1% as SBI Cards and Payment Services (SBI Card) had raised Rs 550 crore by issuing bonds on a private placement basis.
NTPC surged over 1% as NTPC Simhadri has bagged the PRSI National Award – 2020 as the ‘Best PSU implementing CSR’ for its unique Corporate Social Responsibility (CSR) efforts undertaken during the COVID-19 period, through sanitisation of the township areas with sodium hypochlorite by using a fog cannon.