Wednesday 20 February 2019

Market Live: Nifty around 10,700, Sensex up 300 pts; Duke Offshore surges 20%


Market Opens: It is strong start for the indices on Wednesday with Nifty trading above 10,650 level.

At 09:17 hrs IST, the Sensex is up 196.95 points at 35549.56, while Nifty is up 63.50 points at 10,667.90. About 595 shares have advanced, 249 shares declined, and 49 shares are unchanged. 

Shriram Trasport, ITI, Yes Bank, Indiabulls Housing, Vedanta, Power Grid, Dr Reddy's Lab, Grasim, Bajaj Finserv, are among major gainers, while losers include Zee Entertainment, Reliance Capital.

All the sectoral indices are trading in green led by realty, energy, metal, infra, pharma and FMCG.

Rupee Opens: The Indian rupee opened marginally higher at 71.29 per dollar versus Monday's close 71.34.

Market at pre-open: Benchmark indices are trading higher in the pre-opening session with Nifty above 10,650 level.

At 09:02 hrs IST, the Sensex is up 119.25 points or 0.34% at 35471.86, and the Nifty up 71.30 points or 0.67% at 10675.70.

Essel Prepock gained 8 percent in the pre-opening trade as company further received Rs 40 crore towards repayment of outstanding dues of Inter corporate deposit.

Wall Street ends higher: US stocks gained ground on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level US-China trade talks resumed in Washington.

Asian markets trade higher: Asian stocks gained a tad on Wednesday after US-China trade talks resumed while investors awaited minutes from the US Federal Reserve for clues on policymakers' thinking on interest rates and its balance sheet reduction policy. 

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Source: Moneycontrol

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