Tuesday, 2 April 2019

Market Live: Sensex, Nifty open higher; Eicher Motors gains 4%


JUST IN | Bajaj Auto March 2019 sales up 18 percent at 3,93,351 units against 3,34,348 units in same month last year.

Gold Update: Gold inched up on Tuesday, but was trading near a more than three-week low touched in the previous session as the US dollar strengthened and equities rose.

Market Opens: Indian indices opened higher on Tuesday with Nifty around 11,700 level.

At 09:16 hrs IST, the Sensex is up 86.98 points or 0.22% at 38958.85, and the Nifty up 9.70 points or 0.08% at 11678.90. About 505 shares have advanced, 169 shares declined, and 43 shares are unchanged. 

The major gainers are Eicher Motors, Dr Reddys Lab, TCS, Infosys, Titan, Maruti Suzuki, Asian Paints while losers include Zee Entertainment, BPCL, Kotak Mahindra and HCL Tech.

Among the sectors, IT, Infra, FMCG, energy are trading higher, while some selling seen in the metal and banking stocks.

Rupee Opens: The Indian rupee slipped in the early trade on Tuesday. It opened lower by 12 paise at 69.27 per dollar versus Friday's close 69.15.

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

At 09:01 hrs IST, the Sensex is up 82.60 points or 0.21% at 38954.47, and the Nifty up 46.60 points or 0.40% at 11715.80.

Tata Motors, Tech Mahindra, ONGC, IndusInd Bank are trading higher.

Crude Update: Oil prices rose to fresh highs for the year on Tuesday, after a US official said Washington is considering more sanctions on Iran and a key Venezuelan export terminal halted operations.

Asian markets trade higher: Asia shares extended their rally on Tuesday as factory activity surveys from China and the United States boosted investor confidence, triggering the largest one-day sell-off in the US Treasury market in nearly three months.

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader indices in India, a gain of 17 points or 0.14 percent. Nifty futures were trading around 11,751-level on the Singaporean Exchange.

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Source: Moneycontrol

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