Equity indices on firm footing, realty stocks surge

Agencies
January 19, 2021

Mumbai, Jan 19: Equity benchmark indices were upbeat during early hours on Tuesday with fresh buying from foreign and domestic buyers amid firm cues from their Asian peers.

At 10:15 am, the BSE S&P Sensex was up by 422 points or 0.87 per cent at 48,986 while the Nifty 50 surged by 117 points or 0.82 per cent to 14,398.

All sectoral indices at the National Stock Exchange were in the green zone with Nifty realty jumping by 4.5 per cent, PSU bank by 1.4 per cent, financial service by 0.9 per cent and auto by 0.8 per cent.

Among stocks, Godrej Properties was up by 3.9 per cent to Rs 1,408.60 per share DLF Ltd surged ahead with gains of 6.3 per cent to Rs 294.20.

Tata Motors moved up by 3.4 per cent, Grasim by 3 per cent, SBI Life by 2.6 per cent and Reliance Industries by 1.8 per cent.

However, those which lost marginally were HDFC Bank, Mahindra & Mahindra, ITC, Hindustan Lever and Bharat Petroleum Corporation.

Meanwhile, Asian shares climbed as investors wagered China's economic strength will help underpin growth in the region.
MSCI's broadest index of Asia Pacific shares outside Japan firmed 0.98 per cent. Japan's Nikkei bounced 1.5 per cent while Hong Kong's Hang Seng advanced 1.8 per cent.

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News Network
November 15,2024

amitshah.jpg

Union minister Amit Shah on Friday, November 15, said PM Narendra Modi will amend the Waqf Act despite opposition from leaders like Uddhav Thackeray and Sharad Pawar.

"Modi ji wants to change the Waqf Board law, but Uddhav ji, Sharad Pawar and Supriya Sule are opposing it," Shah said, addressing a rally at Umarkhed in Maharashtra's Yavatmal district.

"Uddhav ji, listen carefully, you all can protest as much as you want, but Modi ji will amend the Waqf Act," he said. Shah said there are two camps in the November 20 Maharashtra assembly polls, one of 'Pandavas' represented by the BJP-led Mahayuti and the other of 'Kauravas' represented by Maha Vikas Aghadi.

"Uddhav Thackeray claims that his Shiv Sena is the real one. Can the real Shiv Sena go against renaming Aurangabad to Sambhajinagar? Can the real Shiv Sena go against renaming Ahmednagar to Ahilyanagar? The real Shiv Sena stands with the BJP," Shah said.

"Rahul Baba used to say that his government would credit money in the accounts of the people instantly. You were unable to fulfil your promises in Himachal, Karnataka, and Telangana," he said.

Shah said the Mahayuti alliance has promised that women will get Rs 2,100 per month under the Ladki Bahin Yojana. "Kashmir is an integral part of India and no power in the world can snatch it away from us," Shah said.

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