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Sensex, Nifty Rise for Second Straight Session; Reliance among Top Boosts

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The NSE Nifty 50 index was up 0.43% at 11,297.30 by 0352 GMT, while the S&P BSE Sensex was 0.48% higher at 38,234.76

  • Reuters BENGALURU

  • Last Updated: August 18, 2020, 10:28 AM IST

Indian shares rose for a second straight session on Tuesday, led by state-run NTPC Ltd and index heavy-weight Reliance Industries Ltd.

The NSE Nifty 50 index was up 0.43% at 11,297.30 by 0352 GMT, while the S&P BSE Sensex was 0.48% higher at 38,234.76.

NTPC rose 1.68% and Reliance Industries added 1.2%. Zee Entertainment Enterprises Ltd slipped 1.26% and was the top loser on the Nifty 50 index.

Meanwhile, the country continued to see a rise in coronavirus cases and deaths. As of Tuesday, the death toll stood at 51,797 and the number of infections crossed 2.70 million.

India’s coronavirus-hit economy may have shrunk by as much as a fourth in the June quarter, according to a poll of 11 economists conducted by the Economic Times newspaper.

Disclaimer:News18.com is part of Network18 Media & Investment Limited which is owned by Reliance Industries Limited.

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