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
1-min read

Sensex Spurts 264 Points; FMCG, Metal Stocks Rally

After gyrating 568 points during the day, the 30-share Sensex ended 263.86 points, or 0.71 per cent, higher at 37,332.79. It hit an intra-day high of 37,397.97 and a low of 36,829.81.


Updated:August 30, 2019, 4:14 PM IST
facebookTwitter Pocket whatsapp
BSE Sensex
Image for representation.

Mumbai: Equity benchmark BSE Sensex advanced 264 points on Friday, propelled by gains in index heavyweights HDFC, ICICI Bank, HUL and ITC amid positive cues from the global markets.

After gyrating 568 points during the day, the 30-share Sensex ended 263.86 points, or 0.71 per cent, higher at 37,332.79. It hit an intra-day high of 37,397.97 and a low of 36,829.81.

Similarly, the broader NSE Nifty rose 74.95 points, or 0.68 per cent, to close at 11,023.25.

Top gainers in the Sensex pack included Yes Bank, Sun Pharma, IndusInd Bank, Tata Steel, HUL, Vedanta, Tata Motors, ICICI Bank, ITC, HDFC and Bajaj Auto, that rose up to 3.75 per cent.

On the other hand, PowerGrid, ONGC, HCL Tech, Kotak Bank, L&T, NTPC, SBI and Asian Paints fell up to 2.12 per cent.

According to Sanjeev Zarbade, VP PCG Research, Kotak Securities, the market turned somewhat hopeful on incremental policy support from the government and as stakeholders kindled new hope in de-escalating US-China trade tensions.

Investors were also awaiting the official estimate of GDP growth for Q1 FY20.

Meanwhile, the Reserve Bank of India on Thursday played down deepening slowdown as just "soft patch mutating into a cyclical downswing".

In the annual report for FY19, the central bank conceded that diagnosing the exact problems was "difficult", but reiterated that the issues were not structural in nature.

Market sentiment also turned positive tracking firm cues from global markets, traders said.

Elsewhere in Asia, Hang Seng, Kospi and Nikkei settled on a positive note, while Shanghai Composite Index ended marginally lower.

Equities in Europe were trading higher in their respective early sessions.

Meanwhile, the Indian rupee appreciated 25 paise to 71.55 against the US dollar intra-day.

Brent crude futures, the global oil benchmark, slipped 0.17 per cent to USD 60.39 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

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
Reliance 1,532.00 -3.08
Bharti Airtel 509.25 1.85
TCS 2,170.25 -2.16
Kotak Mahindra 1,618.05 -4.70
HDFC Bank 1,254.90 -1.80
Top Gainers
Company Price Change %Gain
Power Grid Corp 204.80 3.75
Bharti Airtel 509.25 1.85
Asian Paints 1,848.60 0.95
ITC 241.90 0.85
ICICI Bank 534.85 0.74
Top Losers
Company Price Change %Gain
Kotak Mahindra 1,618.05 -4.70
Reliance 1,532.00 -3.08
NTPC 118.20 -2.48
ONGC 122.35 -2.39
TCS 2,170.25 -2.16

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results