Market Opens: It is a positive start for the market on the first day of the truncated week with Nifty opened above 11,500 level.
The Sensex is up 288.20 points at 38312.52, while Nifty is up 75.40 points at 11502.30. About 753 shares have advanced, 248 shares declined, and 58 shares are unchanged.
Mindtree, IOC, Kotak Mahindra, Bharti Infratel, Axis Bank, Asian Paints, Power Grid, TCS, M&M are among major gainers, while losers are Maruti Suzuki, Grasim, Vedanta, NTPC and Wipro
Among the sectors, auto, metal and pharma are under pressure, while Nifty Bank gained 1 percent followed by energy, FMCG and Infra.
Rupee Opens: The Indian rupee gained in the early trade on Monday. It opened higher by 18 paise at 68.91 per dollar against Friday's close 69.09.
Market at pre-open: Benchmark indices firm in the pre-opening trading with Nifty above 11,450 level.
The Sensex is up 56.94 points at 38081.26, while Nifty is up 49.90 points at 11476.80.
Dish TV and MindTree gained in the pre-opening session, while Jet Airways and Grasim Industries fell 10 percent each.
Crude Update: Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and US sanctions against Iran and Venezuela.
Asian markets trade firm: Asian share markets crept ahead on Monday while bonds were in demand globally on speculation the US Federal Reserve will sound decidedly dovish at its policy meeting this week.
SGX Nifty: Trends on SGX Nifty indicate a positive start for the broader indices in India, a gain of 26.50 points or 0.23 percent. Nifty futures were trading around 11,500.50-level on the Singaporean Exchange.
We provide you sure shot Commodity & Equity Market Tips, Intraday tips, share market tips, Mcx bullion tips, Mcx tips, Crude tips, Stock tips, Future and Cash tips with Technical & Fundamental Research.
Visit: www.ripplesadvisory.com
Contact us @ +91-9644405056
No comments:
Post a Comment