Tuesday 14 May 2019

Market Live: Benchmark indices open flat, Nifty around 11,150; Sun Pharma up 4%


Market Opens: It is flat opening for market as Nifty has opened at 11,151.65, up 3 points. Sensex has opened at 37,146.58. 

About 316 shares have advanced, 713 shares have declined, and 35 shares are unchanged.

Sun Pharma, Vedanta, Reliance, IndusInd Bank, ITC, Adani Ports and Eicher Motors are among major gainers on the indices, while losers are Tata Steel, Infosys, ONGC, Asian Paints and L&T.

Among sectoral indices, FMCG, Pharma and PSU banks are trading higher. 

MSCI Index (effective May 28th 2019): 

Inclusions: ICICI Lombard General Insurance
Excluded: Cadila Healthcare 

Others inclusion and deletion in small-cap index: 

Inclusion: Aavas Financiers, Ujjivan Financial Services, Balrampur Chini Mills, Oil India, TCNS Clothing. 
Excluded: Reliance Power, Reliance Communications, Tejas Network
  
Rupee Opens: The Indian rupee marginally added in the early trade on Tuesday. It opened higher by 1 paise at 70.51 per dollar versus previous close 70.52 yesterday.

Wall Street ends lower: Wall Street sank on Monday after China defied Washington by announcing retaliatory tariffs, the latest salvo in the two countries' increasingly belligerent trade war, sending investors fleeing equities for less risky assets.

Asian market trade lower​: Shares in Asia extended losses on Tuesday following sharp falls on Wall Street overnight, the yen strengthened and US Treasury yields ticked lower as the trade war between China and the United States escalated.

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