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Equity indices up on vaccine hopes, banking and financial stocks gain
Equity benchmark indices were up by nearly one per cent during early hours on Thursday tracking gains in Asian peers as investors hoped of a vaccine for COVID-19.
Mumbai: Equity benchmark indices were up by nearly one per cent during early hours on Thursday tracking gains in Asian peers as investors hoped of a vaccine for COVID-19.
At 10:15 am, the BSE S&P Sensex was up by 340 points or 0.96 per cent at 35,745 while the Nifty 50 edged higher by 97 points or 0.93 per cent at 10,527.
Sensex opens at 35,677.79, with a gain of 263.34 points. pic.twitter.com/IY3hn4OYKL
— ANI (@ANI) July 2, 2020
All sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank gaining by 1.5 per cent, financial service and IT by 1.3 per cent each, and auto by 0.8 per cent.
The Hang Seng index in Hong Kong led gains among the region's major markets, rising 1.6 per cent. Japan's Nikkei rose by 0.65 per cent and South Korea's Kospi was up by 1.03 per cent. (ANI)