Stock Markets Today, Top Rising Stocks Today
Indian benchmark indices opened flat to positive note on Monday. Corporate earnings and the ongoing Lok Sabha elections are expected to affect the market sentiment going ahead.
During mid-morning session at 11.30am, the Sensex was up 69 points at 37,532.40, and the NSE’s Nifty50 was trading 5 points higher at 11,284.
Bharti Infratel, TechMahidnra, Titan Co, ITC and SBI were among the major gainers on Nifty-stocks whereas Eicher Motors, Yes Bank, Indiabulls Housing, Sun Pharma and L&T led the losses.
All sectors, except Nifty IT, FMCG and Nifty Financial service, traded in the red. Nifty PSU bank, Nifty Pharma and media indices lost the most at this time, with greater loss in PSU bank index, which down by 2.76 percent.
Among Stocks, Eicher Motors also declined 5.60 percent at Rs.19213.45 after the Royal Enfield maker registered a significant volume decline of 14% on a year-on-year.
Major companies that report results during the day include HDFC, Vodafone Idea, ITC, Godrej Industries, IDBI Bank, Just Dial, Muthoot Finance, Oriental Bank.
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#DailyBigPicture - Sensex Inches Towards 35K; Nifty Crosses 10,700
#NiftyFinancialService #Media #Privatebank
#MarketSmithIndia
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Sensex scaled 489-pts, Nifty up 150-pts
Benchmark
indices broke their three-day downtrend on Wednesday. The BSE Sensex
closed with gains of 489.80 points at 39,054.68, while NSE Nifty50
closed up by 150.20 points at 11,726.15. The Nifty Mid-cap and
Small-Cap gained up by 0.37% and 0.79% respectively.
Among
the top gainers of Nifty were Ultratch Cement, up 5.57% followed by
BPCL, HCL Tech and IndusInd Bank, up by 3 to 3.75%. Among the top
losers were Tata Motors, Hero MotoCorp, Maruti Suzuki and Coal India
which lost the most.
Among
sector stocks, Nifty Financial service, PSU Bank, IT, Media and Bank
indices were sequentially greater upto 1.39 percent, while Nifty
Pharma, Realty and FMCG indices closed with lesser gains upto 0.75
percent.
Market rally is also along the lines of rise in crude oil price as the Middle Eastern countries promise to fill-up the gap owing to sanctions on Iranian oil.
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