Share Market: HCL, Tech Mahindra, And TCS Shares Rise

September 22, 2020 daknewsnetwork

Share Market: HCL, Tech Mahindra, and TCS shares are seen rising Bajaj Finserv declines. Indian share market opened with gains on Tuesday, but the market lost its edge in early trade. The Bombay Stock Exchange Sensitive Index Sensex opened 166.57 points higher at 38,200.71 on Tuesday.

Sensex showed a trend of 0.04 percent or 16.54 points at 38,005 on Tuesday morning at 9.22 am. After this, at 9.39 minutes, it was seen trending at 37,756.35 with a fall of 277 points. In early trade, 5 out of 30 stocks of Sensex were seen trending on green mark and 25 stocks on red mark. Tech Mahindra saw the fastest time at 1.46 percent.

At the same time, talking about the index Nifty of the National Stock Exchange, it was seen trending at 11,170.30 on Tuesday morning at 9.36 am with a fall of 0.71 per cent or 80.25 points. At present, out of 50 stocks of Nifty, seven stocks were seen trending on green mark and 43 stocks on red mark.

Condition of sectoral indices

Talking about sectoral indices, all 11 indices were seen to trend downward in early trade. Among the indices, 0.72 percent in Nifty Bank, 2.22 percent in Nifty Auto, 0.78 percent in Nifty Finance Service, 1.12 percent in Nifty FMCG, 0.31 percent in Nifty IT, 4.68 percent in Nifty Media, 2.72 percent in Nifty Metal, 1.26 percent in Nifty Pharma There was a decline of 2.81 percent in Nifty PSU Bank, 0.82 percent in Nifty Private Bank and 4.04 percent in Nifty Realty.

Meanwhile, the Public sector telecom company BSNL has raised more than Rs 8,500 crore from sovereign guarantee bonds. Earlier, the government approved a sovereign guarantee bond of Rs 8,500 crore for the revival of the public sector telecom company. BSNL Chairman and Managing Director P.K. Purwar gave this information on Monday.

“We opened the bond for subscription at 10:30 am and closed at 12 pm,” Purwar told reporters. The bond received more than double subscriptions. We received bids of more than Rs 17,170 crore, but we accepted only Rs 8,500 crore as per the approved size of the bond. ”