Thursday 7 February 2019

Market Live: Sensex reclaims 37K, Nifty inches towards 11,100; Sun Pharma gains 2%


Rupee Update: Indian rupee is trading lower by 10 paise at 71.65 per dollar against previous close 71.55 per dollar.

Market Opens: It is a flat start for the benchmark indices on Thursday morning with Nifty holding above 11,050 level.

At 09:17 hrs IST, the Sensex is up 51.30 points at 37026.53, while Nifty is up 12.70 points at 11075.20. About 415 shares have advanced, 368 shares declined, and 38 shares are unchanged. 

Manappuram Finance, Jet Airways, Grasim, Zee Entertainment, Tata Motors, Cipla, Sun Pharma are some of the early gainers, while losers are JSW Steel, Vedanta, Tata Steel, Lupin, Cummins, Punj Lloyd, Rel Infra, Adani Power, Bombay Dyeing, Vodafone Idea, JSPL, IDFC, Allahabad Bank.

Market at pre-open: Indian indices are trading with marginal gains in the pre-opening session.

At 09:02 hrs IST, the Sensex is up 68.73 points at 37043.96, while Nifty is up 12.70 points at 11075.20.

Eicher Motors, Indiabulls Housing, Manappuram Finance are trading higher, while Lupin, Tata Steel, Dr Reddy's are trading lower in the pre-opening session.

SGX Nifty: Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 31 points or 0.28 percent. Nifty futures were trading around 11,074-level on the Singaporean Exchange.

Wall Street ends lower: US stocks edged lower on Wednesday as videogame makers gave disappointing revenue forecasts and investors awaited developments on US-China trade relations.

Asian markets trade mixed: Asian share markets were in a muted mood on Thursday and looked set for a sleepy session with China still on holiday and no major economic data on the diary.

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Source: Moneycontrol

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