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
»
1-min read

Sensex Spurts 312 Points; Domestic Equities Rebound as Monsoon Progress

Markets pared initial losses following India Meteorological Department's statement that India's annual monsoon rains have covered nearly half of the country.

PTI

Updated:June 26, 2019, 7:31 PM IST
facebookTwitterskypewhatsapp
Loading...

Mumbai: The BSE Sensex on Tuesday rallied about 312 points, driven by energy, auto and banking stocks as monsoon's swift progress revived investor sentiment.

After trading in the red zone for a better part of the session, the BSE gauge pared losses and soared over 350 points, before settling 311.98 points, or 0.80 per cent, higher at 39,434.94. The index hit an intra-day high of 39,490.64 and a low of 38,946.04.

Similarly, the broader NSE Nifty rose 96.80 points, or 0.83 per cent, to 11,796.45. During the day, the index touched a high of 11,814.40 and a low of 11,651.

RIL was the biggest gainer in the Sensex pack, rising 2.63 per cent, followed by NTPC, Axis Bank, Tata Steel, PowerGrid, HDFC twins, Bharti Airtel, M&M, ICICI Bank, SBI and Bajaj Finance — gaining up to 2.51 per cent. While, Yes Bank, Asian Paints, IndusInd Bank, TechM, HUL, TCS, L&T, Hero MotoCorp and HCL Tech fell up to 1.70 per cent.

Markets pared initial losses following India Meteorological Department's (IMD) statement that India's annual monsoon rains have covered nearly half of the country, and conditions are favourable for further advancement into the central and western parts this week, said Narendra Solanki, Head Fundamental Research (Investment Services) — AVP Equity Research, Anand Rathi Shares & Stock Brokers.

"Positive sentiment further strengthened in the market in afternoon session on back of buying in banking, metals and realty stocks," he added. Meanwhile, bourses in Shanghai, Hong Kong, Tokyo and Seoul ended on a negative note.

Equity markets in Europe were also trading in the red in early deals. On the currency front, the Indian rupee was trading flat at 69.36 against the US dollar intra-day.

Brent crude futures, the global oil benchmark, fell 0.36 per cent to USD 63.95 per barrel. ​

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 98.40 -5.25
Kotak Mahindra 1,534.60 2.21
Interglobe Avi 1,465.25 1.38
IndusInd Bank 1,501.25 1.90
Indiabulls Hsg 668.20 3.38
Company Price Change %Gain
Yes Bank 98.45 -5.25
HDFC 2,285.00 0.34
SpiceJet 141.95 7.74
Tata Elxsi 742.40 -8.90
Indiabulls Hsg 667.80 3.36
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 668.20 3.38
UPL 659.75 2.78
SBI 372.40 2.21
Kotak Mahindra 1,534.60 2.21
Tech Mahindra 690.80 2.20
Company Price Change %Gain
SBI 372.15 2.17
HCL Tech 1,041.00 2.06
Kotak Mahindra 1,532.90 2.02
IndusInd Bank 1,500.70 1.85
Asian Paints 1,394.80 1.67
Top Losers
Company Price Change %Gain
Yes Bank 98.40 -5.25
Eicher Motors 18,433.70 -3.19
GAIL 143.40 -2.68
ONGC 149.90 -1.54
NTPC 129.10 -1.41
Company Price Change %Gain
Yes Bank 98.45 -5.25
ONGC 149.85 -1.64
Maruti Suzuki 6,074.20 -1.38
Bajaj Auto 2,695.00 -1.36
NTPC 129.35 -1.30

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results