The key barometer indices were trading in a narrow range near the day s high in afternoon trade. The Nifty was trading above 15,100 mark. All the sectoral indices on the NSE were in the green. Banks and financial shares were in demand.
At 13:20 IST, the barometer index, the S&P BSE Sensex, surged 669.20 points or 1.35% at 50,234.06. The Nifty 50 index jumped 194.55 points or 1.31% at 15,100.60.
HDFC Bank (up 2.95%), Housing Development Finance Corporation (HDFC) (up 2.39%) and ICICI Bank (up 2.29%) boosted the indices.
In the broader market, the S&P BSE Mid-Cap index rose 0.83%. The S&P BSE Small-Cap index gained 0.77%.
Buyers outpaced sellers. On the BSE, 1,968 shares rose and 1,040 shares fell. A total of 149 shares were unchanged.
Sensex, Nifty trade with small losses; breadth remains strong business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
The equity barometers continued to hover near the day s high in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, soared 603.51 points or 1.24% at 49,336.06. The Nifty 50 index added 175.25 points or 1.19% at 14,853.05.
HDFC Bank (up 2.58%), ICICI Bank (up 3.55%) and Housing Development Finance Corporation (HDFC) (up 1.91%) boosted the indices.
In the broader market, the S&P BSE Mid-Cap index rose 1.23%. The S&P BSE Small-Cap index gained 1.27%.
Buyers outpaced sellers. On the BSE, 1,970 shares rose and 1,043 shares fell. A total of 211 shares were unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 2,607.85 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 613.26 crore in the Indian equity market on 14 May 2021, provisional data showed.
When Shaya Schreiber started searching for a home in Madison, Wisconsin, her options were limited.
Student loans made the single mother of two ineligible for certain affordable housing and a market-rate home was beyond her reach. Then she found the Madison Area Community Land Trust.
The trust helped her purchase a three-bedroom house on the west side of the city. The organization paid $160,000 for the home and more for necessary improvements. Then Schreiber bought it from the trust for $135,000.
“I wouldn’t have been able to afford a house otherwise,” she said.
Community land trusts are a form of social housing where a nonprofit controls the land through a long-term ground lease and sells the home to low- to moderate-income buyers at a discount. Such arrangements often limit the value of the homes on resale, to ensure permanent affordability.
/PRNewswire/ The "The 2020 Executive and Board Remuneration Report" report has been added to ResearchAndMarkets.com s offering. The 2020 edition of The.