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Friday, February 1, 2019

Sensex gains 100 points, Nifty above 10,850; Vedanta tumbles 14%

Market Opens: It is firm opening for the benchmark indices ahead of Budget announcement with Nifty holding above 10,850 level.
The Sensex is up 83.63 points or 0.23% at 36340.32, and the Nifty up 29.30 points or 0.27% at 10860.30. About 458 shares have advanced, 275 shares declined, and 34 shares are unchanged. 
Dabur, Bharti Airtel, UPL are trading higher, while Vedanta tumbled 14 percent.
Banking stocks including Bank of India, OBC, Bank of Maharashtra gained 4-14% after RBI lift the lending curbs.
Piyush Goyal, the interim finance minister, is going to present the interim budget for 2019-20 in parliament today.
Rupee Opens: The Indian rupee opened higher at 71 per dollar on Friday against previous close 71.08.
Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-sensex-gains-100-points-nifty-above-10850-vedanta-tumbles-14-3467031.html

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