Equity benchmarks moved higher led by gains in State Bank of India, Bharti Airtel and Axis Bank.
Benchmark indices opened higher tracking positive cues from other Asian equity markets and US equities overnight.The gains on the Nifty50 were led by shares of Axis Bank, UltraTech Cement, Bharti Airtel and State Bank of India.
At 9:40 AM, the Nifty50 index was up 52 points, or 0.5% at 10,318 level, while the Sensex was at 33,427 points, up 0.5% or 162 points.IL&FS Engineering stock gained 5% after it won the pipeline-laying contract from GAIL India worth Rs216 cr.
Shares of SBI were up 1.5% after brokerage firm Goldman Sachs upgraded the stock to 'buy' with a price target of Rs396.Max India's shares fell 2% after the Delhi government canceled the license of its Shalimar Bagh, Delhi hospital.The BSE Midcap index and BSE Smallcap index was up by 0.5%. Both these indices outperformed the Sensex.
All sectoral indices on the NSE were trading in the green.
Bharti Airtel (+1.8%), Axis Bank (+1.7%), SBI (+1.69%), Wipro (+1.64%) and Eicher (+1.6%) were the top gainers on the Nifty50.HUL (-1%), Indiabulls HF (-0.44%), Infosys (-0.24%), NTPC (-0.17%) and Kotak Mahindra Bank (-0.13%) were the top losers in today’s trade.
India VIX gained 4.68%.Out of 1,982 stocks traded on the NSE, 1,175 advanced, 375 declined and 432 remained unchanged today.
A total of 53 stocks registered a fresh 52-week high in trade today, while 11 stocks touched a new 52-week low on the NSE.
Meanwhile, the Indian rupee opened flat at 64.45 per dollar against Friday's close of 64.46.
Benchmark indices opened higher tracking positive cues from other Asian equity markets and US equities overnight.The gains on the Nifty50 were led by shares of Axis Bank, UltraTech Cement, Bharti Airtel and State Bank of India.
At 9:40 AM, the Nifty50 index was up 52 points, or 0.5% at 10,318 level, while the Sensex was at 33,427 points, up 0.5% or 162 points.IL&FS Engineering stock gained 5% after it won the pipeline-laying contract from GAIL India worth Rs216 cr.
Shares of SBI were up 1.5% after brokerage firm Goldman Sachs upgraded the stock to 'buy' with a price target of Rs396.Max India's shares fell 2% after the Delhi government canceled the license of its Shalimar Bagh, Delhi hospital.The BSE Midcap index and BSE Smallcap index was up by 0.5%. Both these indices outperformed the Sensex.
All sectoral indices on the NSE were trading in the green.
Bharti Airtel (+1.8%), Axis Bank (+1.7%), SBI (+1.69%), Wipro (+1.64%) and Eicher (+1.6%) were the top gainers on the Nifty50.HUL (-1%), Indiabulls HF (-0.44%), Infosys (-0.24%), NTPC (-0.17%) and Kotak Mahindra Bank (-0.13%) were the top losers in today’s trade.
India VIX gained 4.68%.Out of 1,982 stocks traded on the NSE, 1,175 advanced, 375 declined and 432 remained unchanged today.
A total of 53 stocks registered a fresh 52-week high in trade today, while 11 stocks touched a new 52-week low on the NSE.
Meanwhile, the Indian rupee opened flat at 64.45 per dollar against Friday's close of 64.46.
Ripples Advisory Private.ltd provide solutions to the wealth related queries like Stock options tips, Stock future, NSE BSE, share market etc. Our firm strives to provide the client with maximum satisfaction. Ripple Advisory Pvt Ltd struggles to get the accurate status for our clients.
We also provide 2days free trial on equity and commodity tips.
Visit- Ripples Advisory Contact Us-9644405056
The whole market in the last weak, capitalization of eight of the top 10 firms in the united states rose with the aid of Rs 57,998 crore. the biggest benefit is to HUL and Maruti Suzuki. at the same time, the united states's biggest IT company TCS and HDFC bank's market cap declined.
ReplyDeleteWealth it global
equity cash tips