Sensex jump nearly 275 pts; RIL, Infosys top gainers
16/11/2017
The key Indian benchmark indices were trading higher in the post-noon session even as Asian markets traded weak after Wall Street stumbled despite upbeat US economic news and the Treasury yield curve hit its flattest in a decade as investors priced in more US rate hikes.
Meanwhile, traders continued to take encouragement with Finance Minister Arun Jaitley’s statement that India is set to become an ‘extremely attractive’ country to do business, on the back of greater digitisation and formalisation of financial activities and businesses. Investors also remained optimistic with CEA Arvind Subramanian’s statement that the rate cuts by the Council will not have any major impact on government's revenue and no major effect on India's fiscal deficit.
Globally, European equities opened higher as investors monitor earnings and key data releases. The pan-European Stoxx 600 was 0.37 percent higher with all sectors trading in positive territory.
Back home, At 14:08 hours, BSE SENSEX was at 33033.29 up by 272.85 points or by 0.83 % and NSE Nifty was at 10191.4 up by 73.35 points or by 0.72 %.
The BSE Sensex touched intraday high of 33079.1 and intraday low of 32829.82. The NSE Nifty touched intraday high of 10211.65 and intraday low of 10139.2.
The top gainers of the BSE Sensex pack were Infosys Ltd. (Rs. 986.00,+3.58%), Reliance Industries Ltd. (Rs. 899.80,+1.97%), State Bank of India (Rs. 331.50,+1.94%), Tata Consultancy Services Ltd. (Rs. 2751.75,+1.69%), Oil And Natural Gas Corporation Ltd. (Rs. 179.55,+1.24%), among others.
The top losers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 398.00,-2.27%), Coal India Ltd. (Rs. 268.45,-1.45%), Bajaj Auto Ltd. (Rs. 3195.00,-0.54%), Cipla Ltd. (Rs. 591.00,-0.44%), Hero MotoCorp Ltd. (Rs. 3665.10,-0.28%), among others.
Amog the sectors, BSE_IT index was at 10867.42 up by 215.36 points or by 2.02%. D-Link (India) Ltd. (Rs. 119.85,+7.44%), Firstsource Solutions Ltd. (Rs. 38.90,+7.16%), SQS India BFSI Ltd. (Rs. 460.00,+5.02%), TVS Electronics Ltd. (Rs. 437.85,+5.00%), Sonata Software Ltd. (Rs. 201.95,+4.99%).
On the other hand, BSE_HCS index was at 13571.18 down by 22.91 points or by 0.17%. Fortis Healthcare Ltd. (Rs. 129.80,-7.58%), Biocon Ltd. (Rs. 381.10,-2.68%), Panacea Biotec Ltd. (Rs. 248.15,-2.65%), Laurus Labs Ltd. (Rs. 525.70,-1.89%), Opto Circuits India Ltd. (Rs. 7.78,-1.77%).
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2866, shares advanced were 1653 while 1051 shares declined and 162 were unchanged.
16/11/2017
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
The key Indian benchmark indices were trading higher in the post-noon session even as Asian markets traded weak after Wall Street stumbled despite upbeat US economic news and the Treasury yield curve hit its flattest in a decade as investors priced in more US rate hikes.
Meanwhile, traders continued to take encouragement with Finance Minister Arun Jaitley’s statement that India is set to become an ‘extremely attractive’ country to do business, on the back of greater digitisation and formalisation of financial activities and businesses. Investors also remained optimistic with CEA Arvind Subramanian’s statement that the rate cuts by the Council will not have any major impact on government's revenue and no major effect on India's fiscal deficit.
Globally, European equities opened higher as investors monitor earnings and key data releases. The pan-European Stoxx 600 was 0.37 percent higher with all sectors trading in positive territory.
Back home, At 14:08 hours, BSE SENSEX was at 33033.29 up by 272.85 points or by 0.83 % and NSE Nifty was at 10191.4 up by 73.35 points or by 0.72 %.
The BSE Sensex touched intraday high of 33079.1 and intraday low of 32829.82. The NSE Nifty touched intraday high of 10211.65 and intraday low of 10139.2.
The top gainers of the BSE Sensex pack were Infosys Ltd. (Rs. 986.00,+3.58%), Reliance Industries Ltd. (Rs. 899.80,+1.97%), State Bank of India (Rs. 331.50,+1.94%), Tata Consultancy Services Ltd. (Rs. 2751.75,+1.69%), Oil And Natural Gas Corporation Ltd. (Rs. 179.55,+1.24%), among others.
The top losers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 398.00,-2.27%), Coal India Ltd. (Rs. 268.45,-1.45%), Bajaj Auto Ltd. (Rs. 3195.00,-0.54%), Cipla Ltd. (Rs. 591.00,-0.44%), Hero MotoCorp Ltd. (Rs. 3665.10,-0.28%), among others.
Amog the sectors, BSE_IT index was at 10867.42 up by 215.36 points or by 2.02%. D-Link (India) Ltd. (Rs. 119.85,+7.44%), Firstsource Solutions Ltd. (Rs. 38.90,+7.16%), SQS India BFSI Ltd. (Rs. 460.00,+5.02%), TVS Electronics Ltd. (Rs. 437.85,+5.00%), Sonata Software Ltd. (Rs. 201.95,+4.99%).
On the other hand, BSE_HCS index was at 13571.18 down by 22.91 points or by 0.17%. Fortis Healthcare Ltd. (Rs. 129.80,-7.58%), Biocon Ltd. (Rs. 381.10,-2.68%), Panacea Biotec Ltd. (Rs. 248.15,-2.65%), Laurus Labs Ltd. (Rs. 525.70,-1.89%), Opto Circuits India Ltd. (Rs. 7.78,-1.77%).
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2866, shares advanced were 1653 while 1051 shares declined and 162 were unchanged.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
