Skip to content
Advertisements

Sensex closes 125 points higher, Nifty above 11,000

New Delhi: Markets closed on a positive note on Wednesday led by gains in banking and auto stocks.

The BSE Sensex rose 125.37 points or 0.34 percent to close at 37,270.82 while the NSE Nifty edged higher by 32.65 points or 0.30 percent to end at 11,035.70.

The BSE, the NSE, forex, money and bullion markets were closed on Tuesday on account of ‘Muharram’.

Major gainers in the Sensex pack were Yes Bank, Tata Motors, Maruti, Tata Steel, Vedanta, IndusInd Bank, Bajaj Auto, Heromoto Corp, SBI, M&M, Asian Paint and RIL, rising upto 13.47 percent. On the other hand, shares of ONGC, HCL, NTPC, Sun Pharma, TCS, Powergrid, Tech Mahindra, Infosys, ITC, Bajaj Finance, HUL and Bharti Airtel were major losers, falling upto 3.17 percent.

Shares of of Yes Bank jumped the most following reports its founder Rana Kapoor is reportedly in talks to sell a part of his holding to One97 Communications Ltd, the parent of Paytm and Paytm Payments Bank. Kapoor and his family offices hold 10.6 per cent stake in Yes Bank.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: