At 10:41 am on April 20, the Sensex was up 361.42 points or 0.46% at 78,854.96, and the Nifty was up 92.70 points or 0.38% at 24,446.25. About 1,772 shares advanced, 1,944 shares declined, and 174 shares were unchanged. Sensex gained 650 points from day’s low while Nifty reclaimed 24,400-level.
Only some sectoral indices were in the positive territory, with the Nifty PSU Bank being the top gainer. The sectoral index was up nearly 1%, which was followed by the Nifty Bank.
Most banking and financial services stocks in the 50-stock index gained in early trade. State Bank of India and ICICI Bank were the top gainers, up around 2% each. Axis Bank was also among the top gainers, up 1%.
However, HDFC Bank, which is the index heavyweight peer of ICICI Bank, was trading lower. The stock was down over 1%. The bank reported a net profit of Rs 19,221 crore for January-March quarter, up 9% year-on-year.
