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17/09/2020 09:48

Sensex trades in the red; ICICI bank, HDFC Bank top losers

Domestic bourses opened lower on Thursday amid feeble cues from the global peers. Selling pressure was witnessed in stocks including ICICI Bank , HDFC Bank , Bajaj Auto Ltd, Power Grid Corporation of India and Mahindra & Mahindra Ltd. among others.

JMC Projects (India) share price jumped over 5 percent after the company secured new orders of Rs 1,342 crore. It secured new orders of approximately Rs 1,342 crore including infrastructure project in East Asia of approximately Rs 725 crore, water supply projects in Odisha totalling Rs 471 crore and building project in North India of Rs 146 crore, the company said in an exchange filing.

At 9:38 hours, the 30-share benchmark index was trading at 39176.36 down by -126.49 points or by -0.32 % and then NSE Nifty was at 11568.55 down by -36 points or by -0.31 %.

Sensex touched intraday high of 39183.92 and intraday low of 39022.34 The NSE Nifty touched intraday high of 11572.65 and intraday low of 11520.5

The top gainers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 815.90,+3.36%), Mahindra & Mahindra Ltd. (Rs. 810.05,+2.27%), Asian Paints Ltd. (Rs. 2032.95,+0.91%), Oil And Natural Gas Corporation Ltd. (Rs. 73.70,+0.82%), Infosys Ltd. (Rs. 1008.05,+0.70%), among others.

The top losers of the BSE Sensex pack were ICICI Bank Ltd. (Rs. 369.55,-1.39%), HDFC Bank Ltd. (Rs. 1079.75,-1.26%), Bajaj Auto Ltd. (Rs. 3001.00,-1.20%), Power Grid Corporation of India Ltd. (Rs. 170.00,-1.11%), Mahindra & Mahindra Ltd. (Rs. 633.15,-1.01%), among others.

Among the sectors, IT index was at 16465.01 up by 84.67 points or by 0.52%. AXISCADES Engineering Technologies Ltd. (Rs. 53.20,+4.93%), CESC Ventures Ltd. (Rs. 268.00,+3.88%), Intellect Design Arena Ltd. (Rs. 216.60,+3.84%), Nucleus Software Exports Ltd. (Rs. 572.10,+3.22%), Zensar Technologies Ltd. (Rs. 193.40,+3.20%),.

On the flip side, Bankex index was at 25371.66 down by -254.54 points or by -0.99%. ICICI Bank Ltd. (Rs. 369.90,-1.29%), HDFC Bank Ltd. (Rs. 1081.20,-1.12%), Kotak Mahindra Bank Ltd. (Rs. 1312.35,-0.93%), Axis Bank Ltd. (Rs. 441.90,-0.91%), RBL Bank Ltd. (Rs. 184.40,-0.67%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 1911 , shares advanced were 896 while 928 shares declined and 87 were unchanged.