Today, the equity market is close higher after three days’ loss. The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent.
On the Bombay Stock Exchange (BSE), Sensex has gained 327 points or 0.72 per cent. The NSE Nifty50 has closed at 15,835, up 83 points or 0.53 per cent.
The top gainers were HUL, Britannia Industries, IndusInd Bank, ITC, Power Grid, and ICICI Bank. On the other hand, ONGC, Tata Steel, TCS, JSW Steel, and Cipla went up to 4 per cent. All stocks named IDFC First Bank, Gujarat Gas, Trent, R Systems International, Jubilant Industries, Automotive Axles, and Alembic rallied up to 20 per cent.
- Stocks to Buy for Thursday, August 11, 2022
- Avalon Tech Files Draft Documents to Raise Rs 1,025 Crore in IPO
- Subscription-Based OTT Aha Uses Advertising to Drive Revenue
- Jupiter Steps into Mutual Fund Investing with Impunity SIP
- Yes Bank and IBSFINtech Tie-up to Tap Corporate Finance Opportunities
Among sectors, the Nifty FMCG advanced 2.6 per cent, while the Nifty Metal slipped over 1 per cent.