Friday 22 March 2019

Market Live: Nifty opens around 11,550, Sensex trades higher; Jet Airways gains


Market Opens: It is good start for the Indian indices on last day of the week after a holiday on Thursday on account of Holi with Nifty around 11,550 level.

The Sensex is up 126.22 points at 38512.97, while Nifty up 40 points at 11561. About 612 shares have advanced, 298 shares declined, and 40 shares are unchanged. 

Indiabulls Housing, NTPC, Yes Bank, Grasim Industries, Bajaj Finserv, L&T, JSW Steel, Eicher Motors are among major gainers on the indices, while losers are Coal India, TCS, Maruti Suzuki, Adani Ports, HUL, Bharti Infratel and Wipro.

Among the sectors, except IT and metal all other sectoral indices are trading in green.

Rupee Opens: The Indian rupee gained in the early trade on Friday. It opened higher by 18 paise at 68.64 per dollar versus 68.82 yesterday.

Market at pre-open: Benchmark indices are higher in the pre-opening session.

Sensex is up 93.49 points or 0.24% at 38480.24, and the Nifty up 31.50 points or 0.27% at 11552.50.

RIL, UltraTech Cement are among gainers, while Jet Airways, Interglobe Aviation are trading lower in the pre-opening session.

Asian markets trade firm: Asian shares advanced on Friday after upbeat data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve's cautious outlook on the world's biggest economy.

Wall Street ends higher: An Apple-led tech rally pushed Wall Street higher on Thursday as jitters over the Federal Reserve's forecast of an economic slowdown were calmed by upbeat economic data.

SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader indices in India, a fall of 8 points or 0.07 percent. Nifty futures were trading around 11,584-level on the Singaporean Exchange.

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Source: Moneycontrol

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