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Monday, December 31, 2018

Indices trade higher, Nifty around 10,900; Indiabulls Housing, DHFL most active

MARKET OPENS Equities have begun the week on a good note, with the Nifty surging to 10,900-mark. 
The Bank Nifty, too, has seen a positive opening, up around half percent in early morning trade. 
The Sensex is up 165.73 points or 0.46% at 36242.45, while the Nifty is higher by 52.60 points or 0.48% at 10912.50. The market breadth is positive as 407 shares advanced, against a decline of 107 shares, while 25 shares were unchanged.
Other sectoral gainers include automobiles, metals, and pharmaceuticals, among others. The Nifty Midcap index has opened around half a percent higher. 
IndusInd Bank, State Bank of India, Indiabulls Housing and Hindalco have gained the most, while Kotak Mahindra Bank, Power Grid, and NTPC were the big losers.
RUPEE OPENS The Indian rupee has opened at 69.80 per US dollar against previous close of 69.94 per dollar.
Source: https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-indices-trade-higher-nifty-around-10900-indiabulls-housing-dhfl-most-active-3337721.html

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