National Stock Exchange (NSE) Trading Resumes After Halt Due To Technical Glitch

[ad_1]

NSE Re-Opens After Technical Snag, Nifty Reclaims 14,800

The National Stock Exchange and BSE will remain open till 5:00 pm.

The National Stock Exchange re-opened following a technical glitch which led to halt in trading across the equity and equity futures and option segments. The National Stock Exchange and BSE will remain open till 5:00 pm. The National Stock Exchange benchmark – Nifty 50 index rose 0.6 per cent or 88 points to 14,800 after re-opening and Sensex climbed 308 points to 50,059.

Earlier in the day, National Stock Exchange had cancelled all open orders of equity, equity futures and option and currency futures after trading was halted. Traders were worried about their positions a day ahead of the monthly expiry of derivative contracts for February, analysts said.

HDFC Bank, Reliance Industries, ICICI Bank and HDFC were among the top movers in the Nifty 50 basket of shares.

Eight of 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty PSU Bank index’s 2.5 per cent gain. Nifty Bank, Private Bank, Financial Services, Media and Metal indexes also rose between 0.8-1.7 per cent.

On the other hand, IT, Pharma and FMCG indexes were trading lower.

Newsbeep

Mid- and small-cap shares were also witnessing buying interest as Nifty Midcap 100 index advanced 0.53 per cent and Nifty Smallcap 100 index rose 0.6 per cent.

Coal India was top gainer in the Nifty 50 basket of shares, the stock rose nearly 5 per cent to Rs 143 after the company announced on Tuesday that a board of directors meeting scheduled on March 05, 2021 will consider a second interim dividend for financial year 2,021.

HDFC Bank, State Bank of India, Bajaj Finance, Britannia Industries, Axis Bank, HDFC, Titan, HDFC Life, Reliance Industries and ICICI Bank also advanced between 1.5-3.5 per cent.

UPL, TCS, GAIL India, Dr Reddy’s Labs, Tata Motors, Cipla, NTPC and Sun Pharma were among the losers.

[ad_2]

Source link