Some selling is seen among major sectoral indices. However, a rally in FMCG stocks based on GST rate cut is holding the market from falling.
Market Update: Benchmarks are off the day’s high points, as some selling is seen among major sectoral indices. However, a rally in FMCG stocks based on GST rate cut is holding the market from falling.
Click here To know about the Best Stock Advisory India
The Nifty FMCG index is up around 2 percent. ITC, Asian Paints, and UPL are the top gainers, while Hero MotoCorp and Wipro have lost the most on both indices.
The Sensex is up 49.26 points or 0.13% at 36545.63, and the Nifty up 22.50 points or 0.20% at 11032.70. The market breadth is positive as 1135 shares advanced, against a decline of 836 shares, while 101 shares are unchanged.
The Sensex is up 49.26 points or 0.13% at 36545.63, and the Nifty up 22.50 points or 0.20% at 11032.70. The market breadth is positive as 1135 shares advanced, against a decline of 836 shares, while 101 shares are unchanged.
Market Opens: The market has begun the day on a positive note, with the Nifty trading well above 11,000-mark.
The Sensex is up 70.13 points or 0.19% at 36566.50, while the Nifty is up 28.30 points or 0.26% at 11038.50. The market breadth is narrow as 319 shares advanced, against a decline of 144 shares, while 61 shares are unchanged.
All sectoral indices are trading in the green, with maximum buying seen among FMCG, financials as well as metal stocks. In the broader markets, the midcap index is up around one-tenth of a percent.
Shares of UPL are trading higher by over 3 percent after the company announced an acquisition on Friday.
The Sensex is up 70.13 points or 0.19% at 36566.50, while the Nifty is up 28.30 points or 0.26% at 11038.50. The market breadth is narrow as 319 shares advanced, against a decline of 144 shares, while 61 shares are unchanged.
All sectoral indices are trading in the green, with maximum buying seen among FMCG, financials as well as metal stocks. In the broader markets, the midcap index is up around one-tenth of a percent.
Shares of UPL are trading higher by over 3 percent after the company announced an acquisition on Friday.
Click here to get Free Commodity Tips
Rupee opens: The Indian rupee gained in the early trade on Monday. It has opened higher by 14 paise at 68.70 per dollar versus previous close 68.84.
The dollar-rupee July contract on the NSE was at 68.92 in the previous session. July contract open interest declined 1.39 percent in the previous day, said ICICIdirect.
We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.
The dollar-rupee July contract on the NSE was at 68.92 in the previous session. July contract open interest declined 1.39 percent in the previous day, said ICICIdirect.
We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.
-------------------------------------------------------------------------------------------------------------------------
For More Information regarding Stock market news updates & Commodity Tips, Intraday Calls, Share Market Tips contact us at +91-8305596871 or simply fill our Free Trial registration form linked in this blog.
No comments:
Post a Comment