Monday 31 December 2018

Market Live: Sensex starts over 150 points higher, Nifty clocks 10,900; autos, pharma gain


MARKET UPDATE Shares are off their high points, with the Nifty giving up 10,900.

The Sensex is up 57.16 points or 0.16% at 36133.88, and the Nifty up 22.80 points or 0.21% at 10882.70. The market breadth is positive as 944 shares advanced, against a decline of 408 shares, while 60 shares were unchanged.

MARKET OPENS Equities have begun the week on a good note, with the Nifty surging to 10,900-mark. 

The Bank Nifty, too, has seen a positive opening, up around half percent in early morning trade. 

The Sensex is up 165.73 points or 0.46% at 36242.45, while the Nifty is higher by 52.60 points or 0.48% at 10912.50. The market breadth is positive as 407 shares advanced, against a decline of 107 shares, while 25 shares were unchanged.

Other sectoral gainers include automobiles, metals, and pharmaceuticals, among others. The Nifty Midcap index has opened around half a percent higher. 

IndusInd Bank, State Bank of India, Indiabulls Housing and Hindalco have gained the most, while Kotak Mahindra Bank, Power Grid, and NTPC were the big losers. 

MARKET AT PRE-OPEN It is a strong start to the indices in pre-opening trade, with the Nifty hitting 10,900. 

The Sensex is up 166.58 points or 0.46% at 36243.30, and the Nifty up 53.10 points or 0.49% at 10913.00.

The Indian rupee has opened at 69.80 per US dollar against previous close of 69.94 per dollar.

RUPEE OPENS The Indian rupee has opened at 69.80 per US dollar against previous close of 69.94 per dollar. 

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Source: Moneycontrol

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