Dynamite News Equity indices subdued, auto scrips gain
Equity benchmark indices were subdued during early hours on Wednesday in volatile trade but auto scrips showed smart gains.
Mumbai: Equity benchmark indices were subdued during early hours on Wednesday in volatile trade but auto scrips showed smart gains.
At 10:15 am, the BSE S&P Sensex was down by 26 points or 0.05 per cent at 52,562 while the Nifty 50 ticked up by 9 points or 0.06 per cent to 15,782.
Sectoral indices at the National Stock Exchange were mixed with Nifty auto gaining by 1 per cent and metal by 0.4 per cent. Banking gauges were in the negative terrain.
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Among stocks, Hero MotoCorp moved up by 2.5 per cent to Rs 2,979.60 per share. Maruti Suzuki accelerated by 2.1 per cent and Tata Motors by 0.8 per cent.
Mahindra & Mahindra, Hindalco, JSW Steel, IndusInd Bank and Bajaj Finance too were in the green. However, those which lost were Adani Ports, UPL, Wipro and Tech Mahindra.
Meanwhile, Asian stocks traded higher following a strong performance on Wall Street overnight.
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Hong Kong's Seng Index was up by 1.46 per cent while South Korea's Kospi gained by 0.42 per cent. Japan's Nikkei crawled up by 0.05 per cent. (ANI)