Indices end off day's low with Nifty above 11,600; Sensex falls 161 points
08 April 2019
Market Close: Indian indices ended lower but off day's low on Monday as final hour buying helped the the Nifty to finished just above 11,600 level.
The Sensex was down 161.70 points at 38700.53, while Nifty was down 61.50 points at 11604.50. About 1070 shares have advanced, 1493 shares declined, and 161 shares are unchanged.
Tech Mahindra, Infosys, M&M, TCS and Power Grid Corp were the top gainers on the Nifty, while losers include Indiabulls Housing, IOC, Bajaj Finance, Vedanta and Yes Bank.
Among the sectors, auto, bank, metal, FMCG and pharma witnessed some selling pressure, while some buying seen in the IT stocks.
Market Update: Benchmark indices are trading at day's low level with Nifty slips below 11,600 level.
At 13:41 hrs IST, the Sensex is down 218.55 points at 38643.68, while Nifty is down 75.30 points at 11590.70. About 1051 shares have advanced, 1281 shares declined, and 140 shares are unchanged.
Market Update: Sensex is down 4.65 points or 0.01 percent at 38,857.58, and the Nifty is down 14.80 points or 0.13 percent at 11,651.20. About 1,126 shares have advanced, 868 shares declined, and 118 shares are unchanged. Power Grid Corp and IndusInd Bank are the biggest gainers, whereas Adani Ports and Asian Paints are the biggest losers.
Market Update: The benchmark indices erased all its morning gains and trading lower with Nifty around 11,650 level.
At 09:44 hrs IST, the Sensex is down 10.54 points at 38,851.69, while Nifty is down 14 points at 11,652.00. About 893 shares have advanced, 599 shares declined, and 111 shares are unchanged.
Buzzing: Shares of Torrent Pharmaceuticals fell 1.5 percent in the early trade on Monday after company received certain observations from USFDA.
Market opens: It is positive start for the Indian indices on Monday with Nifty above 11,700 level.
At 09:17 hrs IST, the Sensex is up 102.10 points at 38964.33, while Nifty up 20.10 points at 11686.10. About 566 shares have advanced, 276 shares declined, and 51 shares are unchanged.
NIIT, HUL, Titan HDFC Bank, Vedanta, Tata Steel, JSW Steel, Lakshmi Vilas Bank, are among major gainers on the indices, while losers are Indiabulls Housing Finance, HPCL, BPCL, Asian Paints, NIIT Tech, HCL Tech and RIL.
Among the sectors, except energy all other indices are trading in green led by infra, metal, pharma and FMCG.
Market at pre-open: Benchmark indices are trading higher in the pre-opening session on Monday.
At 09:01 hrs IST, the Sensex is up 73.56 points or 0.19% at 38935.79, and the Nifty up 41.20 points or 0.35% at 11707.20.
Titan trading lower, while NIIT and NIIT Tech are trading higher in the pre-opening.
Currency Update: The dollar retained modest gains on Monday after a U.S. jobs report put to bed fears of a sharper slowdown in the world’s largest economy.
SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader indices in India, a gain of 1 points or 0.01 percent. Nifty futures were trading around 11,774-level on the Singaporean Exchange.
Crude Update: Oil prices rose to five-month highs on Monday, driven up by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela and healthy US jobs data.
Asian markets trade higher?: Asian shares inched up to seven-month highs on Monday as investors cheered a rebound in US payrolls and hints of more stimulus in China, though there was some caution ahead of what is likely to be a tough US earnings season.