News Details

( 13 Apr 2018)
Sensex up 80 pts, Nifty falls below 10,500 as investors await Infosys’ Q4 earnings

The domestic indices were higher on Friday afternoon taking cues from their Asian peers and on the back of a positive economic data released post market hours on Thursday. Technology, banking & financials stocks and Reliance Industries continued to support the market.

Information technology (IT) stocks will be in focus today as the investors will look forward to Infosys's earnings for the Q4 of FY18 to be released later in the day.

Global stocks recovered to three-week highs on Friday as anticipated strong earnings season took centre stage after US President Donald Trump backtracked on his suggestion of an imminent missile attack on Syria.

European equities opened slightly higher as investors brace for earnings reports from US banks.

The pan-European Stoxx 600 was 0.15 percent up with most sectors moving above the flatline.

Back home, at 13:09 hours, BSE SENSEX was at 34179.62 up by 78.49 points or by 0.23 % and then NSE Nifty was at 10486.6 up by 27.95 points or by 0.27 %.

The BSE Sensex touched intraday high of 34313.14 and intraday low of 34154.94. The NSE Nifty touched intraday high of 10519.9 and intraday low of 10475.8.

The top gainers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 382.90,+2.92%), Tata Consultancy Services Ltd. (Rs. 3212.65,+2.40%), Wipro Ltd. (Rs. 291.65,+1.69%), Kotak Mahindra Bank Ltd. (Rs. 1144.90,+1.20%), Coal India Ltd. (Rs. 283.75,+1.00%), among others.

The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 542.95,-0.98%), State Bank of India (Rs. 252.00,-0.90%), Maruti Suzuki India Ltd. (Rs. 9123.00,-0.82%), Hindustan Unilever Ltd. (Rs. 1404.60,-0.63%), Hero MotoCorp Ltd. (Rs. 3722.00,-0.63%), among others.

The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2739, shares advanced were 1408 while 1171 shares declined and 160 were unchanged.