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Sep 25, 2018 03:35 PM IST | Source: Moneycontrol.com

Closing Bell: D-Street bounces back as Sensex surges 347 pts, Nifty reclaims 11,000; financials rally

At the close of market hours, the Sensex ended higher by 347.04 points or 0.96% at 36652.06, while the Nifty is up 100.10 points or 0.91% at 11067.50.

  • Sep 25, 05:40 PM (IST)

    JUST IN | Flipkart acquires Israel-based company Upstream Commerce.

  • Sep 25, 03:34 PM (IST)

    Market at Close What a comeback for the bulls after days of relentless correction. Sharp recovery among financials, along with automobiles, metals, pharmaceuticals and IT names ensured that benchmarks ended the day at high points of the day. 

    The Sensex ended over 350 points higher, while the Nifty ended above 11,000-mark as well. 

    Among sectors, energy and infrastructure names were the only big losers, while all other indices closed in the green. In the broader markets, the Nifty Midcap ended quarter of a percent higher as well.  

    At the close of market hours, the Sensex ended higher by 347.04 points or 0.96% at 36652.06, while the Nifty is up 100.10 points or 0.91% at 11067.50. The market breadth is negative as 1,074 shares advanced, against a decline of 1,553 shares declined, while 184 shares were unchanged.

     Market at Close  What a comeback for the bulls after days of relentless correction. Sharp recovery among financials, along with automobiles, metals, pharmaceuticals and IT names ensured that benchmarks ended the day at high points of the day.  

 The Sensex ended over 350 points higher, while the Nifty ended above 11,000-mark as well.  

 Among sectors, energy and infrastructure names were the only big losers, while all other indices closed in the green. In the broader markets, the Nifty Midcap ended quarter of a percent higher as well.   

 At the close of market hours, the Sensex ended higher by 347.04 points or 0.96% at 36652.06, while the Nifty is up 100.10 points or 0.91% at 11067.50. The market breadth is negative as 1,074 shares advanced, against a decline of 1,553 shares declined, while 184 shares were unchanged.
  • Sep 25, 03:12 PM (IST)

    Ruppe Update: Indian rupee trading flat at around 72.60 against its Monday close 72.63 per dollar. It remains volatile during the day. image source: Bloomberg.com

      Ruppe Update : Indian rupee trading flat at around 72.60 against its Monday close 72.63 per dollar. It remains volatile during the day.  image source: Bloomberg.com
  • Sep 25, 03:06 PM (IST)

    Latest Update: Indiabulls Housing Finance raised commercial papers of over Rs 2,200 crore since September 21 at 8.36 percent, which also includes Rs 500 crore raised today, reported CNBC-TV18, quoting Sources.

  • Sep 25, 02:58 PM (IST)

    CLSA on ITC: Shares of ITC gained more than 1 percent as broking house CLSA maintained buy with a price target of Rs 390 per share.

    According to CLSA there is a potential upside of 31 percent from the last regular trade.

    There is a proposal for an additional ‘disaster cess’ to help Kerala post the floods. The said proposal is likely to come up for discussion at the GST Council meet on September 28.

  • Sep 25, 02:55 PM (IST)

    Market Update: Market turns the corner and trading higher in the afternoon trade with Nifty trading above 11,000 mark in the final hour of trade.

    At 14:55 hrs IST, the Sensex is up 245.16 points at 36550.18, while Nifty is up 64 points at 11031.40. About 813 shares have advanced, 1738 shares declined, and 158 shares are unchanged. 

    Pharma and banks are providing support to the market with 1-2 percent gain.

  • Sep 25, 02:51 PM (IST)

    Ashoka Buildcon bags project: Ashoka Buildcon has emerged as the Lowest Bidder (L-1) for Package 1 and Package 2, the aggregate bid value of which is Rs 794.20 crore, with a completion period of 42 months for each package. 

    The company has submitted bid to Rail Vikas Nigam in joint venture with Story Tech Services LLC, wherein the company is a lead member, for the project viz. construction of roadbed, bridges, supply of ballast, installation of track (excluding supply of rails, and track sleepers), electrical (General Electrification), provision of OHE, signaling and telecommunication works in connection with 3rd Line from Sonnagar to Garhwa Road in Dhanbad division of East Central Railway, in the states of Bihar and Jharkhand in 2 packages.

    At 14:50 hrs Ashoka Buildcon was quoting at Rs 110.50, down Rs 3.35, or 2.94 percent.

  • Sep 25, 02:47 PM (IST)

    SHREE RENUKA SUGARS UPDATE

    The company has told BSE that India Ratings and Research (Ind-Ra) has upgraded Shree Renuka Sugars Limited's (SRSL) Long-Term Issuer Rating to 'IND BBB+' from 'IND D'. The outlook is Stable.

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