Nifty higher than 10,800 mark; Sun TV, Canara Bank stocks gain

Nifty higher than 10,800 mark; Sun TV, Canara Bank stocks gain


Benchmark equity indices started Monday's session on a cautious note with a positive bias. shopping for seen in oil and gas, pharmaceutical company and real property shares but, losses in metal and IT stocks capped the upper side.

The province election results are going to be declared on might 15.

At 10:07 AM, the BSE Sensex was mercantilism at 35597, up 64  points, whereas the Nifty 50 index was mercantilism at 10,822, up 16 points.

Shares of Canara Bank rebound sharply from gap lows despite it denote a loss of Rs4,860 atomic number 24 in March quarter attributable to spike in provisions and NPAs.

Shares of Ahluwalia Contracts India rose half dozen.6%, as company secured new orders price Rs390cr.

The BSE Midcap is mercantilism down 0.02%, whereas the BSE Smallcap indices gained 0.18%.

Shares of Sun TV zoomed over 11 November when Q4FY18 numbers. The stock is that the biggest gainer since Gregorian calendar month 7 and therefore the volume was 1.3 times its three-month daily average. it absolutely was the highest gainer on the BSE 500 index.

Shares of Mphasis slipped 100 and 25 when large block deal. Around 1.55cr shares modified hands on NSE.

Volatility index India VIX gained 1.28% to 14.1575

Lupin (+2.6%), Dr.Reddy’s (+2.5%), Sun pharmaceutical company (+2.4%), NTPC (+1.8%) and IOC (+1.7%) were the highest gainers on Nifty 50.

Titan (-1.9%), Coal India (-1.4%), ICICI Bank (-1%), Indiabulls HF (-0.94%) and Bharti Airtel (-0.91%) were the highest losers in today’s trade.

Out of 2,043 stocks listed on the NSE, 776 advanced, 815 declined and 452 remained unchanged nowadays.

a complete of eight stocks registered a contemporary 52-week high in trade nowadays, whereas 107 stocks touched a brand new 52-week low on the NSE.

The rupee reinforced by 9 paise to 67.24 against the greenback on contemporary commercialism of the US currency by exporters and banks.

Asian markets opened mixed when seeing a powerful rally last week. The weakness in US greenback and therefore the fall in oil costs may see additional gains on currencies with monetary stocks doing well.

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