Friday 13 December 2019
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business-standard - 23 days ago

Sensex gains 279 points, Reliance Industries up by 3.8 pc

Equity benchmark indices traded with a positive bias during early hours on Wednesday with Mukesh Ambani-led Reliance Industries being the star performer after gaining 3.8 per cent.A day earlier, Reliance became the first Indian company to cross-market capitalisation of Rs 9.5 lakh crore after its stock rallied over 3 per cent intra-day to hit a fresh all-time high.At 10:15 am, the BSE S P Sensex was up by 279 points at 40,749 while the Nifty 50 edged higher by 71 points to 12,011. Sectoral indices at the National Stock Exchange were mixed with Nifty auto, financial service, FMCG and PSU bank in the red. But Nifty pharma was up by 1.4 per cent.Among stocks, Reliance was up by 3.79 per cent at Rs 1,567 per share while IndusInd Bank gained by 3.2 per cent at Rs 1,437.50.Pharma majors Sun Pharma, Dr Reddy s and Cipla were up by 1.9 per cent, 1.7 per cent and 0.6 per cent respectively. The other gainers included Larsen Toubro, Coal India, Bharat Petroleum Corporation, Adani ..

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