Sensex gains 113 points; RIL market-cap above Rs 8 lk cr
04 February 2019
Market at close: Benchmark indices bounced from the day's low to end on positive note with Nifty closed above 10,900 level.
The Sensex was up 113.31 points at 36582.74, while Nifty was up 18.60 points at 10912.30. About 799 shares have advanced, 1757 shares declined, and 172 shares are unchanged.
Reliance Industries, ONGC, Bajaj Auto, TCS and Kotak Mahindra Bank are the top gainers on the Sensex, while losers include Yes Bank, Power Grid, NTPC, Sun Pharma and M&M.
Among sectors, infra, auto, metal, FMCG and pharma witnessed selling pressure, while some buying saw in bank, energy and IT stocks.
Market Update: Benchmark indices extended their morning fall with Sensex trading nearly 200 points lower, while Nifty below 10,850.
At 13:51 hrs IST, the Sensex is down 199.21 points at 36,270.22, while Nifty is down 64.90 points at 10828.80. About 589 shares have advanced, 1762 shares declined, and 131 shares are unchanged.
L&T bags order: Water & Effluent Treatment Business of L&T Construction has secured projects from the Rural Water Supply and Sanitation Department, Government of Odisha.
Buzzing: Titan Company shares gained 5 percent to hit a 52-week high of Rs 1,044.30 on Monday morning as brokerage houses raised price target on the stock after the company reported strong earnings for December quarter
Market Opens: Indian indices started the day on negative note with Nifty trading around 10,850 level.
At 09:18 hrs IST, the Sensex is down 132.64 points at 36336.79, while Nifty is down 42.50 points at 10851.20. About 315 shares have advanced, 533 shares declined, and 41 shares are unchanged.
Zee Entertainment, Yes Bank, Hero Moto, Indiabulls Housing, Reliance Communications, Reliance Infra are trading lower, while gainers are Titan and Divis Lab.
Rupee Opens: The Indian rupee slipped in the early trade on Monday. It has opened lower by 36 paise at 71.60 per dollar on Monday versus Friday's close of 71.24.
Market at pre-open: Benchmark indices are trading mixed in the pre-opening session with Nifty above 10,850 level.
At 09:02 hrs IST, the Sensex is up 41.39 points or 0.11% at 36510.82, and the Nifty down 30.00 points or 0.28% at 10863.70.
Vedanta gained 3 percent in pre-opening session, while Zee Entertainment, Hero Moto, DHFL, Reliance Infra, Reliance Capital are trading lower.
Godrej Properties to develop 6 new projects: The company has entered into an equity investment platform in partnership with a Pune-based developer to develop six projects across Pune.
Crude Update: Crude oil prices slipped on Monday after gains of about 3 percent in the previous session, but they were buoyed by expectations of tightening supply and signs that China-US trade tensions could ease.
SGX Nifty: Trends on SGX Nifty indicate a flat start for the broader index in India, a fall of 12.50 points or 0.11 percent. Nifty futures were trading around 10,899-level on the Singaporean Exchange.
Asian markets trade mixed: Asia stocks were barely moved on Monday, staying near a four-month high after Wall Street’s tepid pre-weekend performance, while the dollar was supported against the yen following strong US jobs and manufacturing data.