Monday 24 December 2018

Market Live: Sensex, Nifty rise higher amid mixed global cues; IT stocks rally


Market Update Equity benchmarks have given up morning gains and trading flat. The Nifty is around 10,750.

The Sensex is up 8.54 points or 0.02% at 35750.61, and the Nifty down 7.70 points or 0.07% at 10746.30. The market breadth was narrow as 594 shares advanced, against a decline of 534 shares, while 53 shares were unchanged.

Shares of HFCL are up around 4 percent on the back of an order win.





Market opens It’s a positive start to the market on Monday morning, with the Nifty trading one-fifth of a percent higher. 

The Sensex is up 89.93 points or 0.25% at 35832.00, while the Nifty is higher by 21.80 points or 0.20% at 10775.80. The market breath was narrow as 278 shares advanced, against a decline of 164 shares, while 45 shares were unchanged.

Metals and automobiles are the ones to be in the red, while consumption, pharma and PSU banks were gainers. In the broader market, the Nifty Midcap was up quarter of a percent. 

Shares of Infosys, Wipro, and Indiabulls Housing were the top gainers, while Vedanta and Hero MotoCorp lost the most.

Rupee opens The Indian rupee opened marginally lower at 70.18 per dollar on Monday against Friday's close 70.15.

Market at pre-open Equities have seen a good start in the pre-opening trade, with the Nifty surpassing 10,800. 

The Sensex is up 165.34 points or 0.46% at 35907.41, and the Nifty up 64.20 points or 0.60% at 10818.20.

The rupee has opened flat at 70.18 per US dollar against a previous close of 70.14 per US dollar. 

SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader index in India, a gain of 9.5 points or 0.09 percent. Nifty futures were trading around 10,769.50-level on the Singaporean Exchange.

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Source: Moneycontrol

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