Mid-Session: Indices continue to trade higher; Bharti Airtel top gainer : 19.11.2019
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Indian benchmarks continued to trade higher during the noon trading session led by buying across PSU Bank, energy, infra and pharma stocks. Shares of telecom operator Vodafone Idea rallied 24 percent and Bharti Airtel gained 6 percent on November 19 after both decided to increase tariffs.
Overseas, European stocks are likely to open mixed on Tuesday as uncertainty about U.S.-China trade deal, the ongoing unrest in Hong Kong and worries about global growth are expected to render the mood cautious.
Among key shares, shares of SpiceJet jumped 5 percent on November 19 after a Directorate General of Civil Aviation data showed the company's market share increased in October. Whereas, the Indian rupee recovered from the day's low and trading flat at 71.85 per dollar.
At 12:23 hours, the 30-share benchmark index was trading at 40453.51 up by 169.32 points or by 0.42 per cent, while the NSE Nifty was at 11926.45 up by 41.95 points or by 0.35 per cent.