NIFTY| NSE | BSE | SENSEX | STOCK |MARKET LIVE |SHARE MARKET LIVE |INDIAN STOCK LIVE |NIFTY LIVE | UPDATES JULY 16 2020
Benchmark indices were trading higher in Thursday’s volatile session, lifted by the rally in IT stocks.
The S&P BSE Sensex was trading near 36,200 levels, up 150 points, and the Nifty50 index was testing 10,700-mark. IT services major Infosys surged 10 per cent after its June quarter results beat Street estimates with an 11.5 per cent YoY rise in net profit at Rs 4,233 crore. Besides, other IT stocks also gained. HCL Tech, TCS, and Tech Mahindra climbed between 1 to 4 per cent and were the top Sensex
In the Indian spot market, silver has turned most expensive since September 2013. On the MCX, September futures of silver is trading above Rs 53,000 a kg. In Mumbai’s Zaveri Bazar, the metal on Wednesday closed at Rs 52,195 a kg (Rs 840 costlier than Tuesday) — the highest in seven years. The all-time high price of silver is Rs 75,000 a kg,