Market Update: Nifty50 touched a record high in today's trading as it crossed its earlier high of 11761.
At 09:58 hrs IST, the Sensex is up 285.22 points or 0.73% at 39191.06, and the Nifty up 78.30 points or 0.67% at 11768.70.
New Listing: Shares of Polycab India settled at Rs 633 on the Bombay Stock Exchange against issue price of Rs 538.
Reliance Industrial Infrastructure has recommended a dividend of Rs 3 per equity share of Rs 10 each for the year ended March 31, 2019.
Buzzing: Shares Deepak Fertilisers and Petrochemicals Corporation gained 7 percent as company announced the commercial production of Nitric Acid complex at Dahej, Gujarat.
The new facility, with project cost of approximately Rs. 550 crore, has production capacities of 92 KTPA for Concentrated Nitric Acid (CNA) and 149 KTPA for Diluted Nitric Acid (DNA).
Market Opens: Indian indices opened higher on Tuesday with Nifty above 11,700 level.
At 09:17 hrs IST, the Sensex is up 173.03 points or 0.44% at 39078.87, and the Nifty up 51.50 points or 0.44% at 11741.90. About 546 shares have advanced, 156 shares declined, and 30 shares are unchanged.
Dr Reddy's Lab, Vedanta, Cola India, ICICI Bank, IOC, Asian Paints, Wipro, Hero Moto, JSW Steel , Bharti Airtel, SBI are the major gainers on the indices in the morning trade, while on the other hand Infosys, Tata Motors, HUL and Tata Steel are trading lower.
All the sectoral indices are trading in green led by metal, pharma, energy, auto, infra, bank and IT.
Rupee Opens: The Indian rupee opened lower by 7 paise at 69.49 per dollar on Tuesday versus 69.42 yesterday.
Market at pre-open: Benchmark indices are trading higher in the pre-opening with Nifty above 11,700 level.
At 09:02 hrs IST, the Sensex is up 136.84 points or 0.35% at 39042.68, and the Nifty up 42.10 points or 0.36% at 11732.50.
Rail Vikas Nigam, Tata Motors, SpiceJet, Wipro are trading higher in the pre-opening session, while Jet Airways is trading lower.
Wall Street ends lower: Wall Street lost ground on Monday, dragged down by financials as underwhelming bank earnings curbed investor enthusiasm.
SGX Nifty: Trends on SGX Nifty indicate a flat opening for the broader indices in India, a gain of 17 points or 0.14 percent. Nifty futures were trading around 11,754-level on the Singaporean Exchange.
Asian markets trade mixed: Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the global economy is likely to avoid a sharper downturn helped limit the losses.
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