Nifty ends January series above 10,800; Sensex surges 665 points
31 Jan 2019
1
Market at close: Benchmark indices posted handsome gains on the F&O Expiry day and ahead of Budget, which is to be presented on February 1.
At the close, the Sensex was up 665.44 points at 36256.69, while Nifty was up 179.20 points at 10831. About 1403 shares have advanced, 1138 shares declined, and 131 shares are unchanged.
Axis Bank, Infosys, Tata Motors, GAIL and Titan Company are among major gainers on the Nifty, while losers are Yes Bank, Bajaj Finserv, Zee Entertainment, Indiabulls Housing and HCL Tech.
All the sectoral indices ended in green led by Energy, Metal, Bank, Auto, IT, Infra and FMCG.
Market update: With Fed delivering what market was hoping for — a pause in rate hikes in monetary policy, Sensex is up 382.86 points or 1.08% at 35974.11, and the Nifty up 95.20 points or 0.89% at 10747.00.
About 1,170 shares have advanced, 948 shares declined, and 118 shares are unchanged.
Market Opens: The benchmark indices have surged ahead of the Interim Budget, which is scheduled tomorrow. Sensex is up 317.18 points or 0.89% at 35,908.43, and the Nifty up 73.50 points or 0.69% at 10,725.30.
About 1,006 shares have advanced, 827 shares declined, and 83 shares are unchanged.
Buzzing: Shares of Ajanta Pharma plunged 5 percent in the early trade on Thursday on the back of poor numbers declared by the company for the quarter ended December 2018.
The company's Q3 net profit fell to Rs 66.9 crore versus Rs 147.5 crore in the same quarter last fiscal.
Market Opens: Benchmark indices opened higher on Thursday with Nifty trading around 10,700.
At 09:17 hrs IST, the Sensex is up 205.23 points at 35796.48, while Nifty is up 44.40 points at 10696.20. About 532 shares have advanced, 242 shares declined, and 26 shares are unchanged.
Tata Steel, RIL, Grasim, Vedanta, ICICI Bank, UltraTech Cement, Coal India, UPL, Eicher Motors are trading higher, while BPCL, IOC, HPCL, Bharti Infratel, Adani Port, HDFC, Zee Entertainment are among losers.
All the sectoral indices are trading in green, midcap index is up 0.50 percent.
Market at pre-open: Benchmark indices are trading higher in the pre-opening trade with Nifty above 10,650 level.
At 09:02 hrs IST, the Sensex is up 269.07 points or 0.76% at 35860.32, and the Nifty up 35.00 points or 0.33% at 10686.80.
Bajaj Auto gains 2%, ICICI Bank up 2% in the pre-opening session, while Reliance Industries down 7% and HDFC Bank down 7%.
US markets end higher: US stocks surged on Wednesday after the Federal Reserve said it would be patient in lifting borrowing costs further this year, reassuring investors worried about a slowing economy.
Asian markets at 4-month high: Asia stocks rose to a four-month high on Thursday, tracking Wall Street, after the Federal Reserve pledged to be patient with further interest rate hikes, signalling a potential end to its tightening cycle amid signs of slowing global growth.
Crude Update: US oil prices edged up on Thursday to extend gains into a third session, with widely watched data showing signs of tightening supply in the United States.
SGX Nifty: Trends on SGX Nifty indicate a positive start for the broader index in India, a gain of 71.50 points or 0.67 percent. Nifty futures were trading around 10,708-level on the Singaporean Exchange.
