NIFTY| NSE | BSE | SENSEX | STOCK |MARKET LIVE |SHARE MARKET LIVE |INDIAN STOCK LIVE |NIFTY LIVE | UPDATES JULY 16 2020
Mid- and small-cap shares were witnessing selling pressure as Nifty Midcap 100 index declined 0.25% and Nifty Smallcap 100 index fell 0.84%.
However, the downside was capped as buying in IT shares led by Infosys were witnessing buying interest. Earlier in the day, Sensex rose over 300 points and Nifty rose 10,700. Losses in ITC, HDFC, HDFC Bank and Kotak Mahindra Bank were offset with gains in Infosys, Mahindra & Mahindra and TCS.
As of 1:12 pm, the Sensex was up 141 points at 36,193 and Nifty advanced 37 points to 10,655.
Six of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty Media index’s 2 per cent decline. Nifty Bank, FMCG, PSU Bank and Private Bank indexes were also trading lower.
On the other hand, Nifty IT index was top gainer, up 2 per cent.