Markets end at all-time high today: Sensex ends 314 pts higher at 30,248 Nifty breaches 9,400-mark; Gains led by Airtel

profit street3.30 pm:
Sensex closed at 30,256.65, surging 323.40 points (1.08%)
Nifty50 closed at 9,409.85, 93.00 points higher (1.00%)
Major movers today were fertilizer and FMCG stocks on the back of news of a good monsoon.
Airtel added 7.96 per cent to the BSE.
Hindustan Unilever gained as much as 4.32 per cent.

3.10 pm:
Indian benchmark indices held on to their gains throughout the day hit new highs including the Nifty touching the 9,400-mark for the first time.
Market rally can be credited to IMD's new monsoon forecast raised prospects of higher agricultural and economic growth, cheering the investors.
India is likely to receive higher monsoon rainfall than previously forecast as concern over the El Nino weather condition has eased, the chief of the weather office said on Tuesday.

Sentiment was also lifter by Asian stocks, which edged higher for a third consecutive day, as investors focused on strong corporate earnings and the dollar gave back some of its recent gains. 
 Even the Nifty Midcap index was trading at its lifetime high today.Bank Nifty was 30 points away from its record high.Leading the gains on the bourses were HUL and Airtel on both, NSE and BSE. 

3.03 pm:
Benchmark indices gained over 1 per cent in trade today.
Sensex was trading at 30,236.60, surging 303.35 points (1.01%)
Nifty50 was trading at 9,404.35, up 87.50 points (0.94%)

10.21 am:
Leading the market rally was HUL suring over 4.47 per cent followed by Bharti Airtel surging 3.14 per cent on the BSE. 
On the NSE index too, the two scrips were leading gainers.

10.19 am:
Sensex zooms over 250 points touching a lifetime high of 30,197. 
Nifty is seen inching towards 9,400, currently trading at 9,385.60, up 68.75 points (0.74%)

9.22 am:
Indian benchmark indices opened on a positive note with the Sensex hitting 30,000 at the strike of the opening bell.
Sensex was trading at 30,019.49, up 86.24 points (0.29%) while the Nifty ws trading at 9,350.05, up 33.20 points (0.36%).
BSE Bank Index and Nifty Bank opened in the green as well with a positive bias.
Currency market will remain shut on the account of Buddha Purnima.
Among the top gainers were heavyweights Hindustan Unilever, M&M, Maruti and Reliance on the BSE 30.
On the NSE Nifty Grasim, Bharti Airtel and Aurobindo Pharma were adding over 1 per cent to the index.
Cadila Health hit a new high today while Biocon was trading over 4 per cent higher.
Large Cap FMCG stocks are making a rally with Nestle gaining over 2.5 per cent.
After a poor Q4 result, Airtel dipped 0.43 per cent on the BSE.
Website:- http://www.profitstreet.in/
Whatsup No. +91 9913158794
Email- info@profitstreet.in


Comments

Popular posts from this blog

Stock exchanges in IFSCs may permit trading in equity derivatives: SEBI

Majority of states have very few stock market investors

Expect growth to slow in the next 2-4 quarters due to GST: L&T’s R Shankar Raman