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Monday, October 29, 2018

Nifty hovers around 10,100, Sensex up 200 pts; pharma, PSU bank stocks up 4%


It is a good start to the week for the market, with the Nifty surpassing 10,050 in the opening trade. The Sensex opened over 150 points higher. 
Buying is visible across all sectors, with pharmaceuticals, banks, automobiles and metals trading in the green. The midcap index is up around half a percent. 
 
The Sensex is up 170.33 points or 0.51% at 33519.64, and the Nifty up 40.20 points or 0.40% at 10070.20. The market breadth is positive as 419 shares advanced, against a decline of 107 shares, while 3,089 shares are unchanged.
ICICI Bank, Yes Bank, and Indiabulls Housing have gained the most, while Kotak Mahindra Bank and IndusInd Bank are the top losers.  
Equities are off their opening highs. The Nifty is still above 10,050, while the Sensex is up over 100 points. 
The Sensex is up 117.52 points or 0.35% at 33466.83, while the Nifty is up 34.10 points or 0.34% at 10064.10. The market breadth is narrow as 811 shares advanced, against a decline of 496 shares, while 2,308 shares were unchanged.

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Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-nifty-hovers-around-10100-sensex-up-200-pts-pharma-psu-bank-stocks-up-4-3096621.html

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