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 Jumps Over 250 Points; Nifty Breaches 11,000 Mark,Infosys, Bajaj Finance Among Top Gainers

Hero Bharti Airtel, IndusInd Bank, Tata Motors, Vedanta and L&T were the losers, shedding up to 1.33 per cent.

PTI

Updated:February 6, 2019, 6:17 PM IST
facebookTwitterskypewhatsapp

Mumbai: BSE benchmark Sensex jumped over 250 points and NSE Nifty breached the 11,000 mark in early trade Wednesday led by gains in IT and metal stocks amid heavy buying by domestic and foreign institutional investors.

The 30-share index was trading 255.89 points, or 0.70 per cent, higher at 36,872.70. Similarly, the 50-share NSE Nifty reclaimed the 11,000 mark, rallying 81.40 points, or 0.74 per cent, 11,015.75.

On Tuesday, the Sensex ended 34.07 points, or 0.09 per cent, higher at 36,616.81; and the NSE Nifty edged up 22.10 points, or 0.20 per cent, to 10,934.35.

"The Indian market is embracing for the monetary policy to be released on February 7; and majority of the economists now expect status quo against a rate cut sometime back," said Paras Bothra, President, Equity Research, Ashika Group.

The RBI's Monetary Policy Committee (MPC) began its three-day review meet on Tuesday.

"Foreign participation has certainly gained pace after the US Fed's patient view and is expected to support stocks with strong underlying fundamentals," he added.

In morning session on Tuesday, HCL Tech, NTPC, ONGC, RIL, Infosys, ICICI Bank, Asian Paints, Bajaj Finance, ITC and HDFC were the top gainers in the Sensex pack, rising up to 2 per cent.

Meanwhile, Hero Bharti Airtel, IndusInd Bank, Tata Motors, Vedanta and L&T were the losers, shedding up to 1.33 per cent.

On a net basis, foreign portfolio investors (FPIs) bought shares worth a net of Rs 420.65 crore Tuesday, and domestic institutional investors (DIIs) were net buyers to the tune of Rs 194.31 crore, provisional data available with BSE showed. Elsewhere in Asia, Japan's Nikkei rose 0.41 per cent. Bourses in China and Korea remained closed for the Lunar New Year.

On Wall Street, Dow Jones Industrial Average ended 0.68 per cent higher on Tuesday. The rupee, meanwhile, appreciated 5 paise against US dollar to 71.52.

The benchmark Brent crude futures slipped 0.10 per cent to USD 61.92 per barrel.

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

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Indiabulls Hsg 184.15 6.41
Reliance 1,377.15 0.35
Bajaj Finance 4,031.85 0.38
HDFC 2,063.10 0.70
Yes Bank 41.30 0.61
Company Price Change %Gain
Indiabulls Hsg 184.25 6.56
Yes Bank 41.30 0.36
Bajaj Consumer 259.50 10.59
IRCTC 704.00 0.49
HUL 2,084.10 0.59
Top Gainers
Company Price Change %Gain
Eicher Motors 19,976.05 3.93
Britannia NCD 3,239.90 1.99
Coal India 197.40 1.46
IndusInd Bank 1,290.00 1.22
Zee Entertain 262.85 1.23
Company Price Change %Gain
Coal India 197.45 1.44
IndusInd Bank 1,290.55 1.26
Asian Paints 1,782.05 0.93
M&M 588.70 0.79
HDFC 2,063.85 0.67
Top Losers
Company Price Change %Gain
Vedanta 145.70 -2.80
Grasim 716.35 -1.98
Hindalco 184.60 -1.78
TCS 2,013.60 -1.60
JSW Steel 217.15 -1.43
Company Price Change %Gain
Vedanta 145.75 -2.64
Tata Steel 342.95 -1.30
Kotak Mahindra 1,588.50 -1.09
HCL Tech 1,091.90 -0.81
Bharti Airtel 382.60 -0.67

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results