Microfocus
  • Home
  • Business Economics
  • Business Education‎
  • Business Ideas
  • Business Law‎
  • Business Ownership‎
  • Business News
Select Page

HDFC merger impact: Sensex surpasses 60,000-mark, Nifty crosses 18,000

Apr 4, 2022

HDFC merger impact: Sensex surpasses 60,000-mark, Nifty crosses 18,000


Benchmark indices were trading over 2 per cent higher on Monday morning with Sensex surpassing the 60,000 mark and Nifty 50 above 18,000. Market opened on a positive note amid mixed global cues. Indices rose sharply, led by gains in heavyweights HDFC twins.

HDFC shares gained after the board of directors of the Housing Development Finance Corporation Limited at its meeting held on Monday approved the amalgamation of HDFC Investments Limited and HDFC Holdings Limited with HDFC Ltd, and HDFC Ltd with HDFC Bank.

At 10:10 am, the BSE Sensex was trading at 60,782.59, up 1,505.9 points or 2.54 per cent. It recorded an intraday high of 60,845.10 and a low of 59,760.22. The Nifty 50 was trading at 18,070.10, up 399.65 points or 2.26 per cent. It recorded an intraday high of 18,089.60 and a low of 17,791.40.

Related Posts:

  • MARKETS: Sensex retreats from 57,000 on profit booking; PSBs, autos drag

HDFC, HDFC Bank and HDFC Life were up over 15 per cent, 13 per cent and 6 per cent, respectively. Bajaj Finance and Hero Motocorp were the other top gainers on the Nifty 50. ONGC, Infosys, IndusInd Bank, Maruti and M&M were the top laggards.

Financials in focus

On the sectoral front, all indices except Nifty Realty were in the green. Financials gained focus post the HDFC merger announcement. Nifty Financial Services was up nearly 6 per cent while Nifty Bank was up over 4 per cent. Nifty Private Bank as trading nearly 4 per cent higher. 

Broader indices

Broader indices were also in the green with Nifty Midcap 50 up 0.67 per cent while Nifty Smallcap 50 was up 1.24 per cent. The S&P BSE Midcap was up 0.87 per cent while the S&P BSE Smallcap was up 1.27 per cent. The volatility index rose 0.80 to 18.58.

Published on


April 04, 2022



Source link

Recent Posts

  • SAP and Cloudflare under fire for Russia presence
  • Securing the UK public sector in the era of hybrid working
  • Data theft group might be ‘frustrated’ white hat hackers
  • Microsoft reveals Power Platform low code upgrades
  • Fears over tight supply keep crude oil futures elevated

Categories

  • Business
  • Business Economics
  • Business Education‎
  • Business Ideas
  • Business Law‎
  • Business News
  • Business Ownership‎
  • General
  • health
  • Medical
  • Real estate

Trails Js

Management Certificate Online Washington Tech

Partner Links

Intellifluence Trusted Blogger

BL

linkspanel

textlinks

Visit Now

cnn news

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Apr    
  • Advertise Here
  • Contact Us
  • Privacy Policy
  • Sitemap
  • Home

Tags

Amazon Business Login Atos Best Business Schools Business Business Bank Account Business Card Maker Business Cards Near Me Business Card Template Business Casual Attire Business Casual Shoes Business Casual Woman Business Plan Examples Ca Business Search Centre Chase Business Credit Cards Chase Business Customer Service Chase Business Login Chase Business Phone Number Cheap Business Cards Citizens Business Bank COVID19 Cox Business Login Digital Business Card Free Business Cards Google Business Login information Innovation Lands End Business Massage Parlor Business Near Me Michigan Business Entity Search Mind Your Business Ohio Business Search Research Risky Business Costume Small Business Loan Small Business Saturday 2021 Starting A Business Texas Business Entity Search Triumph Business Capital Vending Machine Business Verizon Business Customer Service Vonage Business Login Wells Fargo Business Account Yahoo Small Business Yahoo Small Business Login
  • Facebook
  • Twitter
  • Instagram
  • RSS
microfocus-x-ray.com 2020