Friday 25 January 2019

Market Live: Sensex gains 200 points, Nifty above 10,900; Yes Bank jumps 10%


Yes Bank gains further: Shares of Yes Bank added 10 percent in the early trade on Friday on the back of appointment of Ravneet Gill as new MD & CEO of the company.

Market Opens: Benchmark indices started the day on positive note with Nifty is trading above 10,900 level.

The Sensex is up 201.85 points at 36396.95, while Nifty is up 59.60 points at 10909.40. About 445 shares have advanced, 240 shares declined, and 35 shares are unchanged.

Yes Bank gained 10 percent in early trade on appointment of Ravneet Gill as new MD & CEO. UPL, Bharti Infratel, Sun Pharma, Bhrati Airtel, RIL, Axis Bank, TCS are other mojor gainers, while ICICI Bank and HDFC Bank are trading lower.

Rupee Opens: The Indian rupee opened higher at 71 per dollar on Friday against previous close 71.07.

Market at pre-open: Indian indices are trading higher in pre-opening session with Nifty trading above 10,850 level.

At 09:02 hrs IST, the Sensex is up 83.67 points at 36278.77, while Nifty is up 18.70 points at 10868.50.

Yes Bank, L&T, Biocon are trading higher in pre-opening trade, while ICICI Bank is trading lower.

Oil Update: US oil prices rose by 1 percent on Thursday, boosted by the US threat of sanctions on Venezuela, but gains were capped by record high gasoline inventories and an unexpected big build in crude stocks in the United States.

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Source: Moneycontrol

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