International Development News
Development News Edition

Sensex ends above 39,000 mark, Yes Bank jumps over 15 pc

Equity benchmark indices extended morning gains on Thursday with fresh optimism in auto and banking stocks leading the rally.

Sensex ends above 39,000 mark, Yes Bank jumps over 15 pc
Yes Bank closed 15 pc higher on Thursday at Rs 47.40 per share. Image Credit: ANI

Equity benchmark indices extended morning gains on Thursday with fresh optimism in auto and banking stocks leading the rally. The BSE S&P Sensex closed 453 points or 1.17 per cent higher at 39,052, while the Nifty 50 was up 122 points at 11,586.

All sectoral indices at the National Stock Exchange were in the positive zone except for Nifty IT. Nifty auto gained by 3.1 per cent while PSU bank was up by 3 per cent. Among stocks, private lender Yes Bank emerged as a star performer of the day with gains of 15.47 per cent and closing at Rs 47.50 per share. Tata Motors wound up at Rs 142.55 apiece, up 13.2 per cent.

The other prominent gainers were Eicher Motors which closed 7.9 per cent higher and IndusInd Bank which gained by over 5 per cent. State Bank of India was up by 3.6 per cent and Axis Bank by 2.4 per cent. Bajaj Auto, Tata Steel, Asian Paints and Bajaj Finserv closed with a gain of over 2 per cent each. However, those which lost were HCL Technologies, Vedanta, Grasim, UltraTech Cement and Bharti Infratel.

Meanwhile, Asian stocks were flat as markets awaited further clarification on progress between the United States and China trade talks. The Hang Seng Index jumped by 0.7 per cent, Chinese markets were mixed and Japan's Nikkei was down by 0.09 per cent.

Investors also looked for clarity on whether Britain can secure a deal to avoid a disorderly exit from the European Union later this month. (ANI)

Also Read: Yes Bank back in green after 5-day fall, zooms nearly 34 pc

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



No lessons learnt, Delhi again facing haze and hazardous Air pollution

While the parliamentarians in the Rajya Sabha Upper House were engaged in allegations and counter allegations on Thursday, the pollution was rising outside which soon took the form of a haze....

How to turn the aging population productive, ADB shows the path

Mature and older workers are not necessarily unproductive, and they may perform continuously well in certain types of work, but their productivity in others may naturally decline. In addition, the scarcity of young-to-middle-aged workers co...

How music can help expectant mothers during pregnancy

Music provides pleasant ambience for all but its more important for expectant mothers as besides ensuring pleasant environment for them it also directly and indirectly influences the unborn babies. There are various scientific findings to c...

EdTech: A technical approach to flexible and cost-effective education

Its hight time for the world to go for innovative approaches like e-learning over traditional learning methods that need physical infrastructure, long-term planning, and huge investment. ...


Latest News

Fire tragedy averted by police in west Delhi's Sagarpur

A major fire tragedy was averted after police swung into action to douse off fire which had engulfed a car in west Delhis Sagarpur area on Friday, officials said. At about 2.13 am, on-duty personnel in a Police Control Room PCR van were inf...

Civil society delegation led by Yashwant SIngha

A civil society delegation led by former Union minister Yashwant Sinha arrived in Kashmir on Friday to assess the situation here and the economic losses suffered by people over the last three months due to the shutdown following the abrogat...

Not decided if Shiv Sena CM will govern Maharashtra for 5 years: Kharge

Congress leader Mallikarjun Kharge on Friday said that it has not been decided that a chief minister from Shiv Sena will govern the state for entire five-year term. We are going for meeting Congress-NCP-Shiv Sena where discussions will be h...

UPDATE 1-Global shares inch up, but trade worries linger

Global stocks inched up on Friday, lifted by Chinas renewed offer to work out a trade pact with Washington and despite signs that manufacturing in major eurozone economies was grinding to a halt.But gains were limited by uncertainty over ho...

Give Feedback