Equity gauges gain on global cues, Tata Motors jumps 11 pc

Apr 30, 2020

Mumbai, Apr 30 (ANI): Equity benchmark indices were in the green during early hours on April 30 as Asian shares moved up on encouraging early results from a COVID-19 treatment trial. At 10:15 am, the BSE S&P Sensex was up by 965 points or 2.95 per cent at 33,686 while the Nifty 50 edged higher by 281 points or 2.94 per cent at 9,835. Except for Nifty pharma, all sectoral indices at the National Stock Exchange were on the positive side with Nifty auto up by 5.1 per cent, metal by 4 per cent and IT by 3.3 per cent. Among stocks, Tata Motors witnessed a dramatic spurt of 11.2 per cent to Rs 87.75 per share. Maruti gained by 5 per cent and Mahindra & Mahindra by 4.7 per cent. Metal majors too saw handsome gains with Vedanta up by 6.3 per cent, Hindalco by 4.8 per cent, JSW Steel by 4.6 per cent and Tata Steel by 4.5 per cent.