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.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

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
1-min read

Sensex Back in Green, IMD Forecast Holds Out Hope

The government's weather office yesterday predicted a normal monsoon for June-September, which is expected to give a boost to the rural economy.

PTI

Updated:April 19, 2017, 5:38 PM IST
facebookTwitterskypewhatsapp
BSE
A file photo of the Bombay Stock Exchange (BSE).

Mumbai: A normal monsoon forecast by IMD kept the hope factor alive for stocks today as the Sensex closed higher -- albeit marginally -- after four days of losses in the face of muted corporate results so far.

The Nifty, however, ended in the red amid a recovery in Europe. With more companies due to announce results, investors remained largely cautious.

The government's weather office yesterday predicted a normal monsoon for June-September, which is expected to give a boost to the rural economy.

At the close, the 30-share index stood at 29,336.57, up 17.47 points, or 0.06 per cent. The barometer had lost 469.25 points in the previous four sessions, largely because of continued geo-political tensions and rising wave of global protectionism in the form of visa restrictions.

The 50-share NSE Nifty shed 1.65 points, or 0.02 per cent, at 9,103.50.

"The Indian Meteorological Department's first stage forecast for the important Indian monsoon season suggested...

a near normal season," said Karthikraj Lakshmanan, Senior Fund Manager, Equities, BNP Paribas Mutual Fund.

Mirroring overnight losses in the US, most Asian shares turned lower after Britain's shock decision to call an early election added to global uncertainties, traders said.

TCS, the country's largest software exporter, today fell 0.30 per cent after the company's March quarter profit came in below expectations.

PowerGrid took the top rank, climbing 4.35 per cent.

Adani Ports, NTPC, Asian Paints, Coal India and Maruti Suzuki rose by up to 1.24 per cent.

SBI, Hero MotoCorp, Dr Reddy's and ICICI Bank faced selling pressure.

BSE power index made the maximum advance, rising 2.04 per cent, followed by realty, metal and capital goods.

Broader markets were better-off, with the small-cap and mid-cap gaining more than the benchmark.

Foreign investors net sold shares worth Rs 930.67 crore while domestic institutional investors bought shares worth 878.08 crore yesterday, provisional data showed.

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.

| Edited by: Nakshab Khan
Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 51.40 8.44
Reliance 1,416.35 1.42
Indiabulls Hsg 231.20 16.80
Zee Entertain 250.20 -5.39
Maruti Suzuki 7,302.30 2.50
Company Price Change %Gain
HDFC AMC 2,882.20 6.11
Yes Bank 51.40 8.44
Indiabulls Hsg 231.50 17.42
Reliance 1,415.30 1.37
IRCTC 779.20 7.57
Top Gainers
Company Price Change %Gain
Yes Bank 51.40 8.44
Coal India 205.95 3.28
Adani Ports 421.70 3.07
Grasim 746.50 3.03
Maruti Suzuki 7,302.30 2.50
Company Price Change %Gain
Yes Bank 51.40 8.44
Coal India 205.95 3.31
Maruti Suzuki 7,318.15 2.74
Power Grid Corp 202.55 2.45
NTPC 121.00 2.02
Top Losers
Company Price Change %Gain
Zee Entertain 250.20 -5.39
Tata Motors 136.85 -1.90
Eicher Motors 20,275.90 -1.05
Bajaj Auto 3,087.05 -0.79
Hindalco 187.40 -0.74
Company Price Change %Gain
Tata Motors 136.70 -1.05
Bajaj Auto 3,087.75 -0.73
Bharti Airtel 383.25 -0.65
ICICI Bank 437.75 -0.64
Axis Bank 709.20 -0.19

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results