Closing Bell: Sensex ends at record closing high, Nifty above 11,700; Zee Ent falls 3%

Benchmark indices ended higher for fourth consecutive day on April 2 with Nifty finished above 11,700 level.

At close, the Sensex was up 184.78 points at 39056.65, while Nifty was up 44 points at 11713.20. About 1197 shares have advanced, 1323 shares declined, and 157 shares are unchanged.

Tata Motors, Bharti Airtel, Eicher Motors, SBI and Gail India were among gainers on the Nifty, while HPCL, Zee Entertainment, BPCL, Bajaj Auto and Sun Pharma remained on the losing side.

Among the sectors, PSU and auto led the gainers followed by infra and IT, while FMCG, metal and pharma witnessed selling pressure.

Thomas Cook (India) completed the acquisition of 51% stake in DEI Holdings, an entity registered in Jebel Ali Free Zone (JAFZA) Dubai, UAE along with its subsidiaries by Travel Circle International (Mauritius).

Don't take any positional bets on Nifty as long as index trades below 11,760

Let the market cross the hurdle of 11760 decisively, that would help us to re-enter the market. However, above 11800 levels there could be a massive round of short covering.... Read More

Six more aircraft of Jet Airways inactive since March 31, according to CNBC-TV18 sources.

Brickwork Ratings upgraded the outlook to stable from negative of Punjab National Bank (PNB) bonds.

: Godrej Agrovet shares rallied 7.7 percent after Motilal Oswal initiated coverage with a buy call, citing strong growth prospects in crop protection and oil palm business segments.

Bitcoin touches $5,000, surges 20% in 2 days; other cryptocurrencies follow

The gain was not restricted to bitcoin. Other cryptocurrencies have also surged during the day.... Read More

The board of directors in its meeting held on April 2 given its consent to invest in equity shares of Kirloskar Capital, a wholly owned subsidiary of the company upto Rs 499.50 crore.

Tata Power and Indraprastha Gas announced the signing of a memorandum of understanding (MoU) at New Delhi towards setting up integrated customer services and value optimization.

Annai Infra Developers files IPO papers with SEBI

Tamil Nadu-based engineering, procurement and construction company Annai Infra Developers has filed draft red herring prospectus (DRHP) with the capital market regulator for its initial public offering of up to 1 crore equity shares.... Read More