Equity indices trim gains after gap-up opening

by IANS |

Mumbai, Oct 16 (IANS) The key Indian equity indices shed major gains after a gap-up opening on Friday morning.

Around 10.05 a.m., Sensex was trading at 39,802.43, higher by 74.02 points or 0.19 per cent from the previous close of 39,728.41.

It had opened at 39,936.61 and rose nearly 400 points to touch an intra-day high of 40,125.71. So far it has recorded an intra-day low of 39,699.42 points.

The Nifty50 on the National Stock Exchange was trading at 11,695.00, higher by 14.65 points or 0.13 per cent from its previous close.

Healthy buying was witnessed in consumer durables, banking and oil and gas stocks.

The indices opened on a positive note on Friday after a massive sell-off across sectors on Thursday.

Latest News
16.7 kg tumour 'hanging like a gunny bag' removed from man's back Thu, May 02, 2024, 04:54 PM
Oversight Board warns against online abuses & deepfakes during global polls Thu, May 02, 2024, 04:53 PM
IPL 2024: The initial feeling wasn't great; doesn't look good, says Fleming on Chahar's injury Thu, May 02, 2024, 04:51 PM
'Congress dhoondo yatra' will be taken out after June 4: Union HM Amit Shah Thu, May 02, 2024, 04:50 PM
Zomato receives GST demand, penalty order of over Rs 2 crore Thu, May 02, 2024, 04:49 PM
Constituency Watch: The great family divide splits Baramati as 'Bhabhi-Nanad' battle for uncle-nephew supremacy Thu, May 02, 2024, 04:35 PM
Kalpana celebrates 5th rescue anniversary at Mathura elephant hospital Thu, May 02, 2024, 04:33 PM
Ghulam Nabi Azad supports ECI decision on Anantnag-Rajouri LS seat Thu, May 02, 2024, 04:05 PM
Odisha CM Naveen Patnaik files nomination from Kantabanji Assembly seat Thu, May 02, 2024, 03:56 PM
Ex-Raj CM Ashok Gehlot says Congress manifesto most impressive since Independence Thu, May 02, 2024, 03:32 PM
BMW launches new M4 Competition M xDrive in India at Rs 1.53 cr Thu, May 02, 2024, 03:26 PM
Salima to captain women’s hockey team in FIH Pro League's Belgium, England legs Thu, May 02, 2024, 03:15 PM
Haris Rauf returns as Pakistan name T20I squad for Ireland, England tours Thu, May 02, 2024, 03:09 PM
BJP's Vijayendra slams Congress leadership over 'what if Modi dies' comment by Karnataka MLA Thu, May 02, 2024, 02:55 PM
Omar Abdullah says BJP trying to divide people on religious lines Thu, May 02, 2024, 02:51 PM