Firm global cues lift Indian equity indices
Mumbai, June 12: Positive global cues including strong Asian markets and the historic meet between US President Donald Trump and North Korean leader Kim Jong-un lifted the key Indian equity indices on Tuesday afternoon.
According to market analysts, healthy buying was witnessed in healthcare, banking and capital goods stocks. However, caution ahead of the release of key inflation data later in the day limited the gains, they said.
At 12.27 p.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,847.50 points -- up by 60.55 points or 0.56 per cent -- from its previous close of 10,786.95 points.
The barometer 30-scrip Sensitive Index (Sensex), which had opened at 35,525.30 points, traded at 35,708.66 points (12.30 p.m.) -- higher by 225.19 points or 0.63 per cent -- from its previous session's close of 35,483.47 points.
Sensex has so far touched a high of 35,713.76 points and a low of 35,479.07 points during the intra-day trade. The BSE market breadth was bullish with 1,361 advances and 1,038 declines so far.
The top gainers on the Sensex were Dr Reddy's Lab, ITC, State Bank of India (SBI), Tata Consultancy Services (TCS) and Sun Pharma whereas Power Grid, Coal India, Bharti Airtel, Tata Steel and NTPC were the major losers.
On the NSE, Dr Reddy's Lab, Lupin and Cipla were the highest gainers while Coal India, Power Grid and Grasim Industries lost the most.
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Davangere: Two policemen injured in stone pelting during Ganesha procession
Davangere: Reports state that two groups engaged in stone pelting at each other during Ganesha idol immersion ceremony in Davangere on Thursday. Two police personnel were injured in the incident.
Few days ago, two groups of youth engaged in verbal altercation regarding raising of a flag for Eid Milad celebration. On account of the clashes, police had heightened security for the Ganesha procession. Despite the additional security, stones were pelted at the procession, sources stated. Inspector Gururaj and constable Raghavendra were injured in the incident. The procession continued after the police brought the situation to control. However, the stone pelting resumed once again as the procession surged forwards.
Security has been tightened up in the area and all shops have been closed down by the police. The two police personnel, who were injured in the stone pelting, are undergoing treatment at a hospital.
