Equity indices bounce on global cues, metal and banking stocks firm

Updated:5 days, 17 hours ago IST

New Delhi, Feb 11 (ANI): Equity benchmark indices bounced during early hours on February 11 amid firm global cues as investors continued to weigh the economic impact of ongoing coronavirus outbreak. At 10:15 am, the BSE S&P Sensex was up by 410 points to 41,390 while the Nifty 50 edged higher by 125 points at 12,157. All sectoral indices at the National Stock Exchange were in the positive terrain with Nifty metal up by 2 per cent, auto by 1.2 per cent and financial service by 1 per cent. Among stocks, JSW Steel gained by 2.8 per cent to trade at Rs 285.75 per share while Tata Steel moved up by 2.5 per cent at Rs 455 apiece. Hindalco and Vedanta too advanced by 1.9 per cent each. Tata Motors accelerated by 3.4 per cent while Axis Bank and IndusInd Bank gained by 1.8 per cent and 1.7 per cent. The other prominent gainers were Reliance Industries, GAIL, ITC and UltraTech Cement.

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