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Aug 06, 2018 03:41 PM IST | Source: Moneycontrol.com

Closing Bell: Bulls ensure no Monday blues on D-Street! Sensex, Nifty end at record closing highs

The Sensex closed up 135.73 points or 0.36% at 37691.89, while the Nifty ended 26.30 points higher at 11387.10

  • Aug 06, 03:40 PM (IST)

    Market at Close: After trading near the day’s high points throughout the session, equity benchmarks lost some sheen in the last hour, with the Nifty giving up 11,400. The Sensex managed to end the session just short of 37,700-mark. 

    The Sensex closed up 135.73 points or 0.36% at 37691.89, while the Nifty ended 26.30 points higher at 11387.10. The market breadth was narrow as 1,605 shares advanced, against a decline of 1,121 shares, while 176 shares were unchanged.

    Banks led the gainers’ chart among all sectoral indices, while auto, energy and metals followed suit as well. In the broader markets, midcaps ended the day around half a percent higher.

    Axis Bank, State Bank of India, and ICICI Bank were the top gainers, while Tata Motors, Kotak Mahindra Bank, GAIL and Dr Reddy’s Labs lost the most. 

     Market at Close:  After trading near the day’s high points throughout the session, equity benchmarks lost some sheen in the last hour, with the Nifty giving up 11,400. The Sensex managed to end the session just short of 37,700-mark.  

 The Sensex closed up 135.73 points or 0.36% at 37691.89, while the Nifty ended 26.30 points higher at 11387.10. The market breadth was narrow as 1,605 shares advanced, against a decline of 1,121 shares, while 176 shares were unchanged. 

 Banks led the gainers’ chart among all sectoral indices, while auto, energy and metals followed suit as well. In the broader markets, midcaps ended the day around half a percent higher. 

 Axis Bank, State Bank of India, and ICICI Bank were the top gainers, while Tata Motors, Kotak Mahindra Bank, GAIL and Dr Reddy’s Labs lost the most. 
  • Aug 06, 03:08 PM (IST)

    Tata Motors' JLR UK Sales: Tata Motors' total JLR UK Sales was down 18.6 percent at 6,077 units for the month July against 7,465 units in July 2017.

    At 15:02 hrs Tata Motors was quoting at Rs 256.10, down Rs 2.65, or 1.02 percent.

  • Aug 06, 03:03 PM (IST)

    Buzzing: Share price of JMC Projects (India) surged 7 percent as company approved stock split and reported better Q1 numbers.

    The company has approved proposal for sub-division (split) of the existing face value of the equity shares of the company from Rs 10 each to Rs 2 each, subject to the approval of the members of the company.

    The company's Q1FY19 net profit rose 22 percent at Rs 26.6 crore against Rs 21.8 crore in the same quarter last fiscal.

  • Aug 06, 02:23 PM (IST)

    IDFC rises 9%: Shares of IDFC rose over 9 percent even after the firm issued a clarification to exchanges with respect to reports of sale of its broking and mutual fund business. 

    The stock touched an intraday high of Rs 51.35 and an intraday low of Rs 48.10.

    The company said that it does not comment on market speculation at this point. “We keep evaluating opportunities from time to time and should anything fructify, we will inform the exchanges as appropriate. At this point, there is nothing that requires disclosure and we cannot and do not comment on market speculation,” the company said in a filing to exchanges.

    According to a report in The Economic Times, the company is said to be in final negotiations with Avendus Capital to sell these businesses. The report further pegs the deal to be around Rs 5,000-6,000 crore. 

  • Aug 06, 02:00 PM (IST)

    Market Update at 2: It has been a good start to the week so far, as benchmark indices have held on to their morning gains. The Nifty is managing to hover around 11,400, while the Sensex is up almost 200 points. 

    The Sensex is up 179.18 points or 0.48% at 37735.34, and the Nifty up 39.90 points or 0.35% at 11400.70. The market breadth is narrow as 1535 shares have advanced, 1002 shares have declined, while 155 shares are unchanged.

    Banks are biggest gainers of the day, followed by metals and energy sectors. The Nifty Midcap index is also up almost a percent. Axis Bank and ICICI Bank are the top gainers, while HUL and Kotak Mahindra Bank continued to drag. 

     Market Update at 2:  It has been a good start to the week so far, as benchmark indices have held on to their morning gains. The Nifty is managing to hover around 11,400, while the Sensex is up almost 200 points.  

 The Sensex is up 179.18 points or 0.48% at 37735.34, and the Nifty up 39.90 points or 0.35% at 11400.70. The market breadth is narrow as 1535 shares have advanced, 1002 shares have declined, while 155 shares are unchanged. 

 Banks are biggest gainers of the day, followed by metals and energy sectors. The Nifty Midcap index is also up almost a percent. Axis Bank and ICICI Bank are the top gainers, while HUL and Kotak Mahindra Bank continued to drag. 
  • Aug 06, 01:28 PM (IST)

    Buzzing stock: Shares of SREI Infrastructure Finance fell more than 2 percent intraday on Monday after sources told CNBC-TV18 that its IPO of equipment finance business is likely to postponed or called off.

    The initial public offering was planned for Q4FY18, which was rescheduled to Q1FY19 and again to Q2FY19.

    Sources said investors see Srei Equipment IPO impacting wealth of SREI Infrastructure Finance's shareholders.

  • Aug 06, 01:15 PM (IST)
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