Wednesday, 19 September, 2018

Markets trade higher in morning session

FAST MONEY D-Mart Hindalco among top intraday trading tips Sensex gains 292 points closes over 35k, Nifty crosses 10700 mark
| 09 May, 2018, 00:58

At 12.45 p.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,729.40 points - up 13.90 points or 0.13 per cent - from its previous close of 10,715.50 points.

The Sensex ended down 8 points at 35216, and the Nifty down 2 points at 10717.

Mumbai: The BSE Sensex advanced about 181 points in early session today, maintaining its positive form for the second straight day on unabated buying by domestic institutional investors amid positive leads from Asian markets following overnight gains on the Wall Street.

Major gainers in the 30-share index were ICICI Bank (4.79%), Dr Reddy'S Laboratories (1.17%), ITC (0.96%), Sun Pharmaceutical Industries (0.95%), and Adani Ports and Special Economic Zone (0.71%).

The Sensex touched a high of 35,388.87 points and a low of 35,136.01 during the intra-day trade.


ICICI Bank was the star performer in today's session, topping the gainers' list by surging almost over 8 per cent.

Among stocks, ICICI Bank, SBI, Axis Bank, Power Grid Corp, Bharti Airtel, Eicher Motors, HPCL and BPCl were the top gainers on the indices.

Asian shares ended mixed despite the strong closing on Wall Street as investors digested last week's trade talks and USA jobs numbers.

Oil prices retreated from three-and-a-half-year highs as investors waited on an announcement by President Donald Trump on whether the United States will reimpose sanctions on Iran.

Investors fear that a rate hike in the U.S. could set off capital outflows from emerging market economies like India amid rising crude and falling rupee could affect the market sentiment.

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