Stock Market March 11 Live:
02:37 PM: Index Contributors at this hour
Energy giant Saudi Aramco said Wednesday it plans to raise its production capacity by one million barrels per day to 13 million BPD as a price war with Russia escalates.
09:33 AM: S&P BSE Information Technology biggest sectoral loser; down over 2%
Infosys, Sen Tech down over 3%, Wipro, TechM, HCL down over 2% each
RIL, Adani Gas up over 5% each, HPCL down nearly 4%
09:27 AM | Sensex up nearly 200 points, Nifty nears 10,500
Vodafone Idea surged as much as 23.5 per cent to Rs 4.94 while Reliance Industries (RIL) surged around 6 per cent to Rs 1,178.40 apiece on the BSE after hitting a 52-week low of Rs 1,094.95 on Monday (March 9) owing to crash in crude oil prices after Saudi Arabia and Russia triggered a price war.
Among the headline indices, the S&P BSE Sensex was trading flat around 35,640 levels while the broader Nifty50 index slipped 24 points, or 0.24 per cent, to 35,570 levels.
Majority of the Nifty sectoral indices were trading in the green. Nifty Bank, Nifty PSU Bank, and Nifty Private Bank indexes were all up over 1 per cent each. On the other hand, Nifty IT index slipped 2 per cent.