Markets

News Details

( 06 Nov 2018)
Sensex trades higher, Nifty above 10,550

Indian benchmarks were trading higher during the late morning deals due to a firm rupee and taking cues from Asian markets.

Among key stocks, Tata Motors is trading around 4 per cent higher on the back of strong UK JLR sales for the month of October.

Stock markets would remain closed on Wednesday and Thursday for 'Diwali Laxmi Pujan' and 'Diwali Balipratipada'. The BSE and NSE will conduct a special 'Muhurat' trading session on Wednesday, November 7 between 5:00 pm and 6:30 pm, the stock exchanges had said on Friday.

At 11:35 hours, the 30-share benchmark index was trading at 35062.95 up by 112.03 points or by 0.32 per cent, while the NSE Nifty was at 10557 up by 33 points or by 0.31 per cent.

In the positive trade so-far, Sensex touched intraday high of 35196.03 and intraday low of 35018.13 The NSE Nifty touched intraday high of 10600.25 and intraday low of 10539.35

The top gainers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 106.75,+4.66%), Tata Motors Ltd. (Rs. 197.70,+4.24%), YES Bank Ltd. (Rs. 215.70,+2.54%), Tata Consultancy Services Ltd. (Rs. 1931.40,+2.19%), Reliance Industries Ltd. (Rs. 1106.00,+1.60%), among others.

The top losers of the BSE Sensex pack were Vedanta Ltd. (Rs. 208.75,-6.18%), IndusInd Bank Ltd. (Rs. 1448.70,-2.88%), Axis Bank Ltd. (Rs. 606.80,-2.80%), State Bank of India (Rs. 290.35,-1.68%), Hindustan Unilever Ltd. (Rs. 1626.85,-0.70%), among others.

Among the sectors, TECk index was at 7122.91 up by 78.03 points or by 1.11%. Sterlite Technologies Ltd. (Rs. 377.10,+3.33%), Infibeam Avenues Ltd. (Rs. 41.75,+3.21%), Tata Consultancy Services Ltd. (Rs. 1931.40,+2.19%), MindTree Ltd. (Rs. 837.00,+2.01%), Tata Communications Ltd. (Rs. 503.00,+1.91%),.

On the flip side, Metal index was at 12862.39 down by -228.99 points or by -1.75%. Vedanta Ltd. (Rs. 208.75,-6.18%), NMDC Ltd. (Rs. 110.10,-4.76%), Hindalco Industries Ltd. (Rs. 240.05,-1.07%), JSW Steel Ltd. (Rs. 349.80,-1.00%), National Aluminium Company Ltd. (Rs. 70.30,-0.78%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2329 , shares advanced were 1254 while 935 shares declined and 140 were unchanged