City
Epaper

Equity indices flat as India-China tensions simmer, banking stocks slip

By ANI | Updated: June 18, 2020 10:40 IST

Equity benchmark indices were flat during early hours on Thursday as border tensions between India and China continued to simmer while COVID-19 infections surged.

Open in App

Equity benchmark indices were flat during early hours on Thursday as border tensions between India and China continued to simmer while COVID-19 infections surged.

At 10:15 am, the BSE S&P Sensex was up by 68 points or 0.2 per cent at 33,576 while the Nifty 50 edged higher by 18 points or 0.19 per cent at 9,900.

Sectoral indices at the National Stock Exchange were mixed amid lacklustre trading. Among stocks, private banks slipped with ICICI Bank down by 1.1 per cent to Rs 338.10 per share.

Kotak Mahindra Bank dipped by 0.9 per cent, Axis Bank by 0.8 per cent and IndusInd Bank by 0.6 per cent. The others which lost were ONGC, Ad Ports, NTPC, Larsen & Toubro and Bajaj Auto.

However, those which gained marginally were UPL, Bajaj Finserv, ITC, Vedanta, Britannia and Dr Reddy's.

Meanwhile, Asian stocks fell as spiking coronavirus cases in several US states and China pushed back hopes of a quick global economic recovery from the pandemic. MSCI's broadest index of Asia Pacific shares outside Japan lost by 1 per cent.

Japan's Nikkei was down by 1.3 per cent while in mainland China, bluechip CSI300 shares shed 0.1 per cent.

( With inputs from ANI )

Tags: BSE SENSEXindiaasianiftyBajaj Finserv
Open in App

Related Stories

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

NationalPM Narendra Modi Discusses Tech and Innovation Collaboration With Elon Musk

NationalTahawwur Rana Extradition: Pakistan Distances Itself From 26/11 Accused After Arrival in India

NationalIndia Expands Rafale Power: Rs 64,000 Crore Deal Cleared for Navy Fighter Jets

NationalHeatwave in India: Maharashtra, Gujarat Experience Unbearable Night and Day Time Temperature, Bengaluru Likely to Witness Rain

Maharashtra Realted Stories

NashikNashik Water Crisis: Low Pressure, Tankers Deployed, Citizens Protest Over Lack of Supply

MumbaiIqbal Kaskar, Dawood Ibrahim’s Brother, Acquitted in 2017 Thane Extortion Case by Mumbai Court

MumbaiMumbai Weather Update: IMD Predicts Dry Spell for Next Two to Three Days, Despite of Light Rainfall

MumbaiMumbai Local Train Accident: 40-Year-Old Man Dies After Falling Off the Train Near Dombivli Station

MumbaiMumbai Crime: Jain Temple in Sewri Burgled, Thief Steals Valuables Worth Rs 7.15 Lakh