Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.


Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence


Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
2-min read

Benchmark Indices Clock Marginal Gains; Weak Global Cues Weigh

The 30-share Sensex ended 21.47 points, or 0.05 per cent, higher at 40,345.08. Similarly, the broader NSE Nifty closed with a gain of mere 5.30 points, or 0.04 per cent, at 11,913.45.


Updated:November 11, 2019, 5:59 PM IST
facebookTwitter Pocket whatsapp
Benchmark Indices Clock Marginal Gains; Weak Global Cues Weigh
Image for Representation.

Mumbai: Benchmarks Sensex and Nifty on Monday managed to close in the green after a choppy session, with banking stocks saving the day for the indices which were otherwise battered by weak global sentiment.

For a better part of the session, the Indian market was engulfed by bouts of volatility triggered by a sharp fall in Asian equities amid escalating political issues in Hong Kong and uncertainty over US-China trade deal.

After swinging 266 points during the day, the 30-share Sensex ended 21.47 points, or 0.05 per cent, higher at 40,345.08.

Similarly, the broader NSE Nifty closed with a gain of mere 5.30 points, or 0.04 per cent, at 11,913.45.

Yes Bank was the top gainer in the Sensex pack rising 5.80 per cent, followed by Tata Motors, ICICI Bank, IndusInd Bank, Axis Bank, Kotak Bank and Tata Steel.

On the other hand, Hero MotoCorp, Vedanta, TCS, RIL, Asian Paints, Maruti and M&M fell up to 2 per cent.

Sectorally, BSE bankex, oil and gas, telecom, finance and realty indices rose up to 1.22 per cent.

While, BSE IT, FMCG, energy, auto, teck and capital goods indices fell up to 0.67 per cent.

Broader BSE midcap and smallcap indices ended up to 0.29 per cent higher.

"Market was range-bound as investors stand sidelined from expensive large-caps while mid and small caps saw some buying interest based on Q2 results and reasonable valuation. Continued poor performance from automobiles and fresh doubts over US-China trade deal is likely to navigate a consolidation in the short-term," Vinod Nair, Head of Research, Geojit Financial Services Ltd, said.

He further said that investors are keen on CPI inflation data to be released on Tuesday. "Consensus is showing further rise to 4.35 per cent due to increasing vegetable prices which may impact RBI's next policy outcome," Nair added.

Analysts also said that India's rating outlook downgrade by Moody's Investors Services last week too played in the minds of investors, who turned extra cautious.

Bourses in Shanghai, Hong Kong, Tokyo and Seoul settled up to 2.62 per cent lower as investors got spooked by violent protests in Hong Kong.

Meanwhile, US President Donald Trump said he has not agreed to roll back tariffs on Chinese imports, dampening recent optimism for a major de-escalation in the US-China trade war.

Exchanges in Europe were trading on a mixed note in their respective early deals.

In the forex market, the Indian rupee depreciated by 18 paise to 71.47 against the US dollar.

Brent crude futures, the global oil benchmark, fell 1.04 per cent to $61.87 per barrel.

Indian financial market will remain closed on Tuesday for "Guru Nanak Jayanti".

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
Yes Bank 56.25 0.45
SBI 316.70 -1.03
Indiabulls Hsg 258.95 -4.96
Maruti Suzuki 6,994.75 1.57
Reliance 1,572.60 1.14
Company Price Change %Gain
Yes Bank 56.20 0.36
Indiabulls Hsg 259.00 -4.92
SBI 316.75 -0.95
RBL Bank 334.95 -1.14
Reliance 1,572.55 1.13
Top Gainers
Company Price Change %Gain
BPCL 499.65 2.28
HDFC 2,311.40 2.06
Adani Ports 373.60 2.03
Axis Bank 732.00 2.01
JSW Steel 258.85 1.87
Company Price Change %Gain
HDFC 2,310.60 2.06
Axis Bank 731.95 2.01
Maruti Suzuki 6,997.25 1.68
Reliance 1,572.55 1.13
Power Grid Corp 188.30 0.94
Top Losers
Company Price Change %Gain
TCS 2,060.45 -2.97
Cipla 447.90 -1.66
HCL Tech 552.05 -1.47
Zee Entertain 284.15 -1.23
Larsen 1,276.00 -1.15
Company Price Change %Gain
TCS 2,060.70 -2.93
TML-D 66.50 -2.06
HCL Tech 551.60 -1.54
Larsen 1,276.90 -1.04
IndusInd Bank 1,449.00 -1.01

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results