Indices of stock market equities were higher at the close on Tuesday, as gains in the Banking & IT sectors seems higher.
At the close in NSE, the Nifty 50 gained 2.29%, while the BSE 30 index gained 2.25%.
Nifty Bank
Nifty bank was 1080.40(2.84%) upside today closed at 39110.05. It was not gone downside; it only grows today on upside direction.
>>As per the news from banks IndusInd bank’s shares rallied after it posted its business update for the second quarter of the ongoing financial year.
IndusInd Bank
Its net advances rose 17.6% YoY, while loans continued to grow healthy, up 4.7% QoQ. Its deposits advanced by 14.6% YoY and 4.2% QoQ, with CASA deposits and retail deposits also rising
Nifty IT
Nifty IT was 767.85(2.87%) upside today closed at 27496.95.
Top Gainers
The biggest gainers of Nifty 50:
>>IndusInd Bank- which rose 5.45% to trade at 1,219.25 at the close.
>>Adani Ports- has gained 4.93%to end at 823.05.
>>Bajaj Finance Ltd- up by 4.42% to 7,488.70 at end.
Top Losers
The biggest gainers of Nifty 50:
>> Power Grid Corporation which lost 0.95% to trade at 208.80 in late
>> Dr. Reddy’s Laboratories Ltd declined 0.13% to end at 4,414.00
The INDIA VIX, which measures the implied volatility of Nifty 50 options, was down 8.40% to 19.57.
