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Monday, November 19, 2018
Sensex off highs, Nifty continues to hold 10,700; PSU banks fall
Market opens: Equity benchmarks have opened higher on Monday with Nifty is well above 10,700 mark, while Sensex also gained more than 150 points.
At 09:16 hrs, the Sensex is up 160.65 points at 35,617.81, while Nifty is up 40.60 points at 10722.80. About 536 shares have advanced, 231 shares declined, and 44 shares are unchanged.
Jet Airways down 10 percent, Bharti Airtel is down 2 percent, Siemens is down 4 percent, HPCL, IOC, ICICI Bank, Axis Bank are among major losers. Tata Investment gained 7 percent.
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Source: https://www.moneycontrol.com/news/business/markets/stock-share-market-live-updates-bse-nse-sensex-off-highs-nifty-continues-to-hold-10700-psu-banks-fall-3193451.html
Friday, November 16, 2018
Nifty ends above 10,650, Sensex up 197 pts; HDFC Bank, RIL major contributors
Market at close: Indian indices ended on strong note on Friday with Nifty closed above 10,650 level.
The Sensex was up 196.62 points at 35,457.16, while Nifty was up 65.50 points at 10,682.20.
Barring metal, all other indices ended in green led by IT, energy, infra and pharma, while Nifty PSU bank index gained 2 percent.
Bharti Airtel, Reliance Industries, SBI, Hero Motocorp and HDFC are the top gainers on the Sensex.
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Source: https://www.moneycontrol.com/news/business/markets/closing-bell-nifty-ends-above-10650-sensex-up-197-pts-hdfc-bank-ril-major-contributors-3185411.html
Sensex gains over 200 pts amid volatility; Bharti Airtel, RIL top gainers
Market opens Equity benchmarks have opened around quarter of a percent higher. The Nifty is well above 10,600-mark, while the Sensex has risen nearly 100 points.
Among sectors, there is strength visible in the pharmaceutical names along with IT and automobile names. Meanwhile, metal stocks are mildly under pressure. In the broader markets, the Nifty Midcap index is trading flat.
The Sensex is up 95.98 points or 0.27% at 35356.52, and the Nifty up 21.10 points or 0.20% at 10637.80. The market breadth is positive as 304 shares advanced, against a decline of 116 shares, while 34 shares were unchanged.
Shares of TCS, Sun Pharma, Indiabulls Housing and Bharti Infratel have gained the most, while Yes Bank, ONGC, and IOC lost the most.
Oil prices rose amid expectations of supply cuts from OPEC, although record US production dragged.
US West Texas Intermediate (WTI) crude oil futures were at $56.76 per barrel, up 0.53 percent, from their last settlement.
Brent crude oil futures were up 0.63 percent, at $67.04 per barrel.
Prices were mainly supported by expectations the Organization of the Petroleum Exporting Countries (OPEC) would start withholding supply soon, fearing a renewed rout such as in 2014 when prices crashed under the weight of oversupply. Source: Reuters.
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Source:https://www.moneycontrol.com/news/business/markets/sock-market-live-updates-bse-nse-sensex-gains-over-200-pts-amid-volatility-bharti-airtel-ril-top-gainers-3185411.html
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