Closing Bell: Nifty ends above 11,950, Sensex up 165 points; Indiabulls Housing falls 8%

: Indian indices ended on positive note but off day's high on June 11 with Nifty able to close above 11,950 level.

At close, the Sensex was up 165.94 points at 39,950.46, while Nifty was up 42.90 points at 11,965.60. About 1141 shares have advanced, 1393 shares declined, and 153 shares are unchanged.

Yes Bank, ONGC, Tata Motors, Zee Entertainment and IndusInd Bank were among major gainers on the Nifty, while losers were Indiabulls Housing, Sun Pharma, M&M, Dr Reddy’s Labs and Tech Mahindra.

Among the sectors, buying was seen in the auto, bank, energy, metal, IT and infra, while FMCG ended marginally lower.

Indraprastha Gas has appointed Ramesh Narain Misra as an additional and independent director of the company w.e.f. June 11, 2019.

: Indian indices are trading higher but off day's high with Nifty holding above 11,950 level.

The Sensex is up 154.22 points at 39938.74, while Nifty is up 39.80 points at 11962.50. About 1040 shares have advanced, 1373 shares declined, and 149 shares are unchanged.

| Moody's places Yes Bank's ratings under review for downgrade.

D-Street Buzz: Bank Nifty outshines led by YES Bank; Zee Ent, Tata Motors jump 2-3% each

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The Indian rupee is trading near day's high on June 11. It is trading higher by 25 paise at 69.40 per dollar versus previous close 69.65.

The company has signed a contract worth Rs 1,187.82 crore for supply of heavy weight torpedoest. The contract has to be executed in next 42 months.

Balaji Speciality Chemicals, subsidiary of Balaji Amines has received consent to operate by Maharashtra Pollution Control Board.

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The share price of over $10 billion FMCG behemoth Dabur India has fallen over 5 percent so far in 2019 but slowdown fears that clouded the outlook seem to be fading away as experts expect double-digit revenue and profit growth in the next 1-2 years.... Read More

The company board decided to raise funds up to an aggregate value not exceeding of Rs 25 crore by issue of equity shares of the company on a right basis.

The benchmark indices are trading at day's high level in the afternoon trade on June 11.

The Sensex is up 196.14 points at 39980.66, while Nifty is up 53.20 points at 11975.90. About 963 shares have advanced, 1335 shares declined, and 121 shares are unchanged.

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