Monday 28 January 2019

Market Live: Nifty around 10,800, Sensex trades higher; Zee Ent gains 12%


Market Opens: Benchmark indices started the week on lower side with Nifty is trading around 10,750 level.

The Sensex is down 68.14 points at 35957.40, while Nifty is down 23.90 points at 10756.60.. About 315 shares have advanced, 331 shares declined, and 55 shares are unchanged. 

Zee Entertainment Enterprises gained 12 percent, L&T up 2% and Wipro, Yes Bank, Tata Motors, Hindalco are other major gainers, while losers includes ICICI Bank, IndusInd Bank, Adani Ports, Infosys, Maruti Suzuki and Axis Bank.

Rupee Opens: The Indian rupee gained in the early trade on Monday. It opened higher by 18 paise at 71 per dollar versus Friday's close 71.18.

Market at pre-open: Indian indices are trading higher in the pre-opening session with Nifty around 10,800 level.

At 09:01 hrs IST, the Sensex is up 116.87 points at 36142.41, while Nifty is up 9.70 points at 10790.20.

Zee Entertainment Enterprises up 10 percent, while L&T gained 3 percent in the pre-opening trade.

Crude Update: Oil prices fell on Monday after US energy firms added rigs for the first time this year in a sign that crude production there will rise further.

Asia trades higher: Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the US government following a prolonged shutdown that had shaken investor sentiment.

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 20.50 points or 0.19 percent. Nifty futures were trading around 10,815-level on the Singaporean Exchange.

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Source: Moneycontrol

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