Equity indices in green ahead of Economic Survey

Jan 31, 2020

New Delhi, Jan 31 (ANI): Equity benchmark indices were in the green during early hours on January 31 amid positive global cues while investors awaited key macroeconomic data to be announced in the Economic Survey. At 10:15 am, the BSE S&P Sensex was up by 89 points to 41,003 while the Nifty 50 ticked up by 8 points at 12,044. Most sectoral indices at the National Stock Exchange were in the green except for Nifty IT and metal which slipped marginally. Among stocks, Kotak Mahindra Bank gained by 3.7 per cent at Rs 1,688.35 per share. IndusInd Bank and Yes Bank too moved up by 2.2 per cent and 1.5 per cent respectively. The other prominent gainers were Bajaj Auto, Hero MotoCorp, Mahindra & Mahindra, Bharti Infratel and Britannia. However, Tata Motors dropped by 3.8 per cent after company's consolidated net profit for the December quarter stood at Rs 1,738 crore against a loss of Rs 26,993 crore in the corresponding quarter of the previous financial year.