IDFC Bank, Capital First rise Shares of IDFC Bank and Capital First have risen as the companies have completed merger process.
Shares of J Kumar Infraprojects are higher by around 7 percent as the company received an order worth Rs 1,300 crore from National Highways Authority of India.
Market Update Equities have extended gains, with Sensex rising over 100 points. The Nifty is near 10,950.
The Sensex is up 111.15 points or 0.31% at 36458.23, and the Nifty up 37.80 points or 0.35% at 10946.50. The market breadth was positive as 878 shares advanced, against a decline of 263 shares, while 44 shares were unchanged.
Aviation cos take off Shares of airlines have risen in trade as a lower crude implies better profitability for such companies. Here is a look at their intraday chart.
OMCs surge Shares of oil marketing companies (OMCs) rose in trade on Wednesday morning as investors bet on fall in crude oil prices. Here is a look at their intraday chart.
Market opens It is a good start to the market on Wednesday morning, with the Nifty surging past 10,900-mark.
The Sensex is up 94.64 points or 0.26% at 36441.72, while the Nifty is higher 30.50 points or 0.28% at 10939.20. The market breadth is positive as 378 shares advanced, against a decline of 68 shares, while 24 shares were unchanged.
Among sectors, automobiles, banks, energy and metal indices are trading in the green. Meanwhile, the Nifty IT index is down around half a percent due to appreciating rupee.
Shares of Yes Bank, Asian Paints, Indiabulls Housing and HPCL gained the most, while Hero MotoCorp, Power Grid, Infosys and Zee Entertainment are the top losers.
Market at pre-open Equity benchmarks are upbeat on Wednesday morning.
The Sensex is up 79.04 points or 0.22% at 36426.12, and the Nifty up 31.80 points or 0.29% at 10940.50.
The Indian rupee has opened higher by 34 paise at 70.10 per US dollar.
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Source: Moneycontrol
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