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eTrendyStock LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates May 21

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading a tad higher on Thursday, taking cues from their global peers. The 30-share Sensex was up 100 points or 0.32 per cent to trade at 30,918, while the broader Nifty 50 index reclaimed 9,100-level.

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IRCTC share price hits 5 per cent upper circuit for the second consecutive day as the booking for opens for the non-air-conditioned and time-tabled trains which are set to resume services from June 1.

Similarly, IndiGo share price zoomed 8 per cent as domestic operations of airline services will resume in a calibrated manner from May 25, 2020. Bajaj-Auto was the top Sensex gainer with a growth of 5.52 per cent followed by Hero MotoCorp, Kotak Mahindra Bank and HDFC Bank.

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While NTPC was leading the losers on the Sensex. ONGC, ITC, Tech Mahindra, LT and HUL were among other laggards on the pack. Barring Nifty IT, all the sectoral indices were trading in positive territory.

Nifty Bank index advanced 1.50 per cent or 267 points led by gains in Bank of Baroda, HDFC Bank and Punjab National Bank. On the flip side, Nifty IT index was trading lower dragged by Tech Mahindra, TCS and Infosys.

Domestic rating agency Icra on Wednesday warned of a deep recession as it drastically lowered the FY21 growth forecast for India to minus 5 per cent, citing the very modest fiscal support, an extension of the nationwide lockdown and looming labour shortage, according to PTI.

 

Ryan Helton
Ryan Heltonhttps://etrendystock.com/
A Stock enthusiast since childhood, Ryan is known for his impeccable knowledge in the technology and gadgets niche. He has been working with eTrendy Stock as a contributor for most stock category and his articles are always well-researched and accurate.

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