LIVE TV DownloadNews18 App
News18 English
»
1-min read

Sensex Above 31,000 at Open, Market Takes Gains Further

The market hit a bright spot straightaway on Monday as the Sensex moved beyond 31,000 at the start, extending its weekend gains following the GST kick-off amid mixed Asian cues.

PTI

Updated:July 3, 2017, 10:13 AM IST
facebookTwittergoogleskypewhatsapp
Sensex Above 31,000 at Open, Market Takes Gains Further
Representative image.
Loading...
Mumbai: The market hit a bright spot straightaway on Monday as the Sensex moved beyond 31,000 at the start, extending its weekend gains following the GST kick-off amid mixed Asian cues. However, growth of eight core sectors slowed to 3.6 per cent in May dragged down by coal and fertilisers, which acted as a sobering factor.

The 30-share index, after soaring 337 points to touch a high of 31,258.33 at the outset, let go of some gains and traded at 31,069.20, up 147.59 points, or 0.48 per cent. FMCG, metal, consumer durables, realty and auto stocks went higher by up to 3.42 per cent. The gauge had rallied 87.29 points in the previous two sessions.

The NSE index Nifty recaptured the 9,600 level by surging 91.85 points, or 0.96 per cent, to 9,612.75.

Investors remained optimistic of the GST rollout on July 1 as they felt that the sweeping tax reform will give huge momentum to the country's economy and tempt global businesses to invest here, traders said. ITC climbed 5.79 per cent, Tata Steel 1.16 per cent and M&M 1.10 per cent.

Hong Kong's Hang Seng was up 0.08 per cent and Japan's Nikkei rose 0.13 per cent in early trade today. Shanghai Composite, however, came down 0.17 per cent. The US Dow Jones Industrial Average ended 0.29 per cent higher on Friday.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
HDFC Bank 2,276.15 -0.99
Reliance 1,341.75 -2.45
Maruti Suzuki 6,552.70 -1.81
Yes Bank 252.60 0.18
Axis Bank 757.05 0.17
Company Price Change %Gain
UPL 934.95 0.02
Axis Bank 757.35 0.24
Cipla 526.85 -1.17
Motherson Sumi 146.05 -7.06
SpiceJet 98.10 7.04
Top Gainers
Company Price Change %Gain
NTPC 134.65 4.18
Larsen 1,394.70 1.74
JSW Steel 285.75 1.22
Asian Paints 1,471.25 1.04
Hindalco 209.10 0.94
Company Price Change %Gain
NTPC 134.05 3.67
Larsen 1,394.00 1.54
Asian Paints 1,470.70 1.08
Tata Steel 518.15 0.90
Power Grid Corp 198.50 0.53
Top Losers
Company Price Change %Gain
Bharti Infratel 316.10 -2.75
Tata Motors 175.40 -2.66
BPCL 378.95 -2.62
HPCL 268.35 -2.45
Reliance 1,341.75 -2.45
Company Price Change %Gain
Tata Motors 175.40 -2.47
Reliance 1,342.10 -2.44
Maruti Suzuki 6,558.00 -1.84
SBI 298.10 -1.76
Bajaj Finance 2,836.85 -1.23

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results