Friday 29 March 2019

Market Live: Nifty opens above 11,600, Sensex up 100 pts; rupee opens higher


Market Opens: It is a strong start for the April F&O series on Friday with Nifty above 11,600 level.

At 09:18 hrs IST, the Sensex is up 171.30 points or 0.44% at 38717.02, and the Nifty up 49.60 points or 0.43% at 11619.60.  About 592 shares have advanced, 203 shares declined, and 50 shares are unchanged. 

The gainers are IOC, Indiabulls Housing, Hindalco, Wipro, Tech Mahindra, RIL, BPCL, Can Fin Homes, Vodafone Idea, Jet Airways, PFC, REC while losers include Axis Bank, IndusInd Bank, Eicher Motors, SBI life and Motherson Sumi.

Rupee Opens: The Indian rupee gained in the early trade on Friday. It opened higher by 10 paise at 69.24 per dollar versus previous close 69.34.

Market at pre-open: The benchmark indices are trading positive in the pre-opening session on Friday.

At 09:02 hrs IST, the Sensex is up 138.14 points or 0.36% at 38683.86, and the Nifty up 55.50 points or 0.48% at 11625.50.

Yes Bank, Kotak Mahindra Bank, HDFC Bank are trading higher in the pre-opening session.

Asian markets trade higher: Asian shares posted narrow gains on Friday on revived hopes of progress in US-China trade talks, while global bond yields moved higher after a prolonged slide on worries about the economic outlook.

Wall Street ends higher​: US stocks climbed on Thursday as Treasury yields rose off 15-month lows, with investors optimistic about the latest round of US-China trade talks.

SGX Nifty: Trends on SGX Nifty indicate a negative start for the broader indices in India, a fall of 25 points or 0.21 percent. Nifty futures were trading around 11,645-level on the Singaporean Exchange.

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Source: Moneycontrol

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