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
Associate PartnerAssociate Partner
..
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Sensex, Nifty Start on Positive Note Amid Firm Global Cues

After surging over 200 points in early session, the 30-share index was trading 98.07 points, or 0.26 per cent, higher at 37,416.60. The broader NSE Nifty was also trading 21.65 points, or 0.19 per cent, up at 11,243.70.

PTI

Updated:May 15, 2019, 7:39 PM IST
facebookTwitterskypewhatsapp

Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a positive note Wednesday tracking firm cues from global markets after US President Donald Trump hinted at the possibility of a trade deal with China in the future.

After surging over 200 points in early session, the 30-share index was trading 98.07 points, or 0.26 per cent, higher at 37,416.60. The broader NSE Nifty was also trading 21.65 points, or 0.19 per cent, up at 11,243.70.

In the previous session on Tuesday, the BSE bourse settled at 37,318.53, gaining 227.71 points or 0.61 per cent; and the Nifty ended at 11,222.05, 73.85 points or 0.66 per cent higher.

Top gainers in the Sensex pack include Yes Bank, Tata Motors, Sun Pharma, Coal India, NTPC, Hero MotoCorp, Bajaj Auto, HUL, Bharti Airtel, Asian Paints, ONGC and HDFC, shedding up to 3.04 per cent.

On the other hand, HCL Tech, Tata Steel, M&M, PowerGrid, Vedanta, RIL and TCS were the major gainers, rising up to 1.79 per cent.

According to traders, investors took cues for other Asian bourses which were trading higher after US President Trump hinted at the possibility of a trade deal with China, in a series of tweets.

"When the time is right we will make a deal with China... Respect and friendship with President Xi is unlimited," he wrote.

"We can make a deal with China tomorrow, before their companies start leaving so as not to lose USA business" he added.

Sustained foreign fund outflow, however, weighed on investor sentiment here, capping the gains on key bourses, traders said.

Foreign institutional investors (FIIs) sold equity worth Rs 2,011.85 crore on Tuesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 2,242.91 crore, provisional data available with stock exchanges showed.

According to experts, investors are not very aggressive in the market as every rally will be used as an opportunity to book profit. Market is watchful of quarter earnings and election verdict too.

Meanwhile, on the currency front, rupee appreciated 18 paise to 70.26 against the US dollar.

Brent crude futures, the global oil benchmark, were trading 0.31 per cent lower at USD 71.02 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
Infosys 650.60 1.10
Yes Bank 51.20 -1.16
RBL Bank 259.15 -9.69
Reliance 1,392.40 -1.54
Axis Bank 714.85 0.29
Company Price Change %Gain
Infosys 650.65 1.14
Yes Bank 50.95 -1.64
IRCTC 908.95 7.53
RBL Bank 260.10 -9.34
Indiabulls Hsg 206.45 -5.38
Top Gainers
Company Price Change %Gain
HCL Tech 1,095.15 2.88
Eicher Motors 20,521.20 2.71
Maruti Suzuki 7,440.25 2.54
SBI 275.45 1.83
Titan Company 1,348.65 1.44
Company Price Change %Gain
HCL Tech 1,104.05 3.72
Maruti Suzuki 7,420.00 2.29
SBI 275.40 1.83
HDFC 2,143.40 1.30
TCS 2,077.60 1.26
Top Losers
Company Price Change %Gain
Adani Ports 396.10 -5.86
Bharti Airtel 360.35 -3.68
Zee Entertain 242.10 -3.33
Vedanta 146.25 -1.94
Grasim 743.15 -1.71
Company Price Change %Gain
Bharti Airtel 360.75 -3.59
Vedanta 145.80 -2.15
Yes Bank 50.95 -1.64
ONGC 142.00 -1.49
Reliance 1,393.90 -1.44

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results