Thursday, 4 April 2019

Market Live: Sensex, Nifty open flat ahead of RBI meet; bank in focus


Gold Updates: Gold prices inched up on Thursday as the dollar eased and a rally in equities paused, while investors kept a close watch on Sino-US trade talks.

Market Opens: It is flat start for the Indian indices ahead of RBI policy meeting.

At 09:19 hrs IST, the Sensex is up 45.55 points at 38922.67, while Nifty is up 5 points at 11649. About 523 shares have advanced, 307 shares declined, and 52 shares are unchanged. 

Indiabullls Housing, Hero Motocorp, Titan, UltraTech Cement, L&T, Vedanta, Bharti Airtel, SRF, Godrej Agrovet are among major gainer, while losers are Wipro, HCL Tech, Zee Entertainment, UPL, BPCL, JSW Steel and Tata Steel.

On the sectoral front, except IT and metal, all other sectoral indices are trading in green.

Rupee Opens: The Indian rupee opened lower by 11 paise at 68.53 per dollar on Thursday versus 68.42 yesterday.

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

At 09:02 hrs IST, the Sensex is up 29.29 points or 0.08% at 38906.41, and the Nifty up 28.50 points or 0.24% at 11672.50.

RIL, SRF, Bharti Airtel are trading higher, while Jet Airways, Titan fell in the pre-opening.

Crude Update: Oil prices dipped on Thursday, with Brent edging away from the psychologically important USD 70 level after easing in the previous session on data showing a surprise build in US inventories.

Wall Street ends higher: US stocks edged higher on Wednesday, extending a strong start to the quarter as a rally among chipmaker shares provided a boost to the broader market on growing hopes of a trade deal between Washington and Beijing.

Asia trade firm: Asian shares paused near an eight-month peak on Thursday as investors awaited developments on trade talks between the United States and China, who appear closer to signing a deal, nudging bond yields higher globally and softening the safe-haven yen.

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader indices in India, a gain of 31.50 points or 0.27 percent. Nifty futures were trading around 11,744-level on the Singaporean Exchange.

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Source: Moneycontrol

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