Market Close:
The bull runcontinues on the Dalal Street on Tuesday with Nifty and Sensex finished higher for the 7th consecutive day.
At the close, the Sensex was up 268.40 points at 38363.47, while Nifty was up 70.20 points at 11532.40. About 1382 shares have advanced, 1290 shares declined, and 166 shares are unchanged
HCL Tech, Bharti Infratel, Infosys, Reliance Industries and ITC were among major gainers, while losers include Eicher Motors, JSW Steel, Hero Motocorp, L&T and Maruti Suzuki on the Nifty.
On the sectoral front, except auto all other sectors ended in green led by PSU bank, energy, IT, pharma, FMCG and infra.
Jaguar Land Rover India to raise models price
: Jaguar Land Rover India on Tuesday said it will increase prices of select products by up to 4 percent with effect from April 1, reports PTI.
Rupee extends losses
The Indian rupee has extended losses as it is trading near day's low around 68.94 level.
Buzzing:
Share price of Jet Airwaysplunged 5.5 percentafterEtihadAirways, who is the major holder in the company informed that it may not invest further in the company.
IOC declares interim dividend
The company declared second interim dividend of 15 percent i.e. Rs 1.50 per equity share of face value of Rs 10 each for the financial year 2018-19.
Buzzing
: Shares of Kaveri Seed Company rose 3.4 percent after company commenced its corn cob drying facility at Telangana.
Market Updates:
Benchmark indices are trading at day's high with Nifty above 11,500 level.
At 14:17 hrs IST, the Sensex is up 190.41 points at 38285.48, while the Nifty is up 46.80 points at 11509. About 1300 shares have advanced, 1167 shares declined, and 163 shares are unchanged.
NTPC, ONGC, ITC, Bharti Airtel and SBI are the top gainers on the Sensex.
Image Source: Bloomberg
V-Mart Retail opens new stores:
The Company has opened two new stores one in the state of Uttar Pradesh and one in the state of West Bengal.
This takes the total number of stores to 209 Stores in 166 Cities across 17 states and total tally of Uttar Pradesh is 84 stores and West Bengal is 12 stores.
Zydus receives final approval from the USFDA
Zydus Cadila has received the final approval from the USFDA to market Acyclovir Ointment USP, 5%. It will be manufactured at the group’s Topical manufacturing facility at Ahmedabad.
Sectoral indices at this hour
Just In |
Promoters gave released pledge on 20 lakh shares on March 18.
The broader market has outperformed the benchmark indices in day's trade. Nifty Smallcap is up 1 percent and Nifty Midcap is up around 0.6 percent.
Rupee update:
Rupee is off day's highand is tradingflat at 68.36 per dollar.
Market Update:
Sensex is up 48.58 points or 0.13 percent at 38,143.65, and the Nifty up 12.90 points or 0.11 percent at 11,475.10. About 1,182 shares have advanced, 1,005 shares declined, and 135 shares are unchanged.
All PSU banks are trading in the green at this hour. The Nifty PSU Bank index is up about 1.8 percent.
Auto and auto ancillaries stocks are under pressure on a successive daythis week. All but one constituent stock of Nifty Auto is trading in the red.
Buzzing |
HCL is up about 1 percent after the company entered into a shared services arrangement with Xerox Corporation.
Just In |
Granules India promoters have released pledge on 1.4 crore shares (5.5 percent of total share capital) on March 15.
Sensex Heat Map at this hour
Rupee Updates
The Indian rupee is tradinghigher by 17paiseat68.36per dollar against previous close 68.53.
AurionPro Solutions to consider buyback
Shares of AurionPro Solutions added more than 10 percent after company board is going to consider buyback of equity shares.
Crude Update
Oil prices hovered just below 2019 highs early on Tuesday, supported by ongoing supply cuts led by producer club OPEC.
Market opens
: Indian indices opened higher on Tuesday with Nifty hovering around 11,500 level.
The Sensex is up 108.79 points at 38203.86, while Nifty is up 18.80 points at 11481. About 557 shares have advanced, 296 shares declined, and 44 shares are unchanged.
Gainers include Sun Pharma, BPCL, RIL, Bharti Airtel, SBI, Axis Bank, PNB, Canara Bank, while losers are Maruti Suzuki, Eicher Motors, ICICI Bank, Hero Moto, M&M, Bajaj Auto and L&T.
Among the sectors, auto, infra and metal are under pressure, while pharma, IT, energy and bank are witnessing buying interest.
Rupee Opens
The Indian rupee opened flat at68.55 per dollar on Tuesday against previous close 68.53.
Market at pre-open:
Benchmark indices are trading higher in the pre-opening session with Nifty around 11,500 level.
The Sensex is up 123.62 points at 38218.69, while Nifty is up 43.70 points at 11505.90.
ADAG stocks including Reliance Capital, Reliance Power, Reliance Infra are trading higher, also Mindtree and Zee Enterprises are up in the pre-opening session.
Gold Update
Gold prices rose for a third consecutive session on Tuesday as the dollar weakened on expectations that the US Federal Reserve will maintain a dovish tone at its monetary policy meeting this week.
SGX Nifty
Trends on SGX Nifty indicate a flat opening for the broader indices in India, a gain of 13 points or 0.11 percent. Nifty futures were trading around 11,524-level on the Singaporean Exchange.
Asian market trade flat:
Asian shares treaded water on Tuesday ahead of a USFederal Reserve policy meeting, hovering near six-month highs, while sterling was choppy as the speaker of Britain's parliament banned another vote on sameBrexitdeal.
Wall Street ends higher
Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week's US Federal Reserve meeting for affirmation of its commitment to "patient" monetary policy.
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