Thursday March 21, 2019
Home Business Sensex surges...

Sensex surges 127 points in early trade

0
//
picture from

Mumbai, A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Wednesday was trading at 127.06 points or 0.45 percent up during the morning session.

picture from- www.stockwatch.in
picture from- www.stockwatch.in

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading at 36.20 points or 0.43 percent up at 8,490.30 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,022.14 points, was trading at 28,059.96 points (at 9.26 a.m.) in the early session, up 127.06 points or 0.45 percent from the previous day’s close at 27,932.90 points.

The Sensex has touched a high of 28,071.90 points and a low of 27,986.48 points in the trade so far.

(IANS)

Next Story

Hike in Oil Price, Inflationary Fears Subdue Indian Equity Indices

The index toppers were Yes Bank, Vedanta, Tata Motors, NTPC and Mahindra & Mahindra.

0

High crude oil prices and fears of a rise in core inflation subdued the key Indian equity indices on Friday.

According to market observes, crude oil at $67 per barrel and caution over a likely rise in core inflation pointed out in the Reserve Bank of India (RBI)’s latest minutes of the monetary policy committee meet kept investors away.

The S&P BSE Sensex closed 26.87 points or 0.07 per cent lower at 35,871.48, while the broader NSE Nifty50 ended flat at 10,791.65.

crude oil, equity, inflationary
The S&P BSE Sensex closed 26.87 points or 0.07 per cent lower at 35,871.48, while the broader NSE Nifty50 ended flat at 10,791.65. VOA

“Market turned range-bound after the release of RBI minutes which hints at elevated core inflation and threat of global growth slowdown,” said Vinod Nair, Head of Research, Geojit Financial Services.

ALSO READ: IOC Cancels Places for 2020 Tokyo Games from India after it Refused Visas to Pakistan

“Inflow of domestic funds to market remains positive, while tepid reaction from FIIs and lack of major triggers are impacting investors’ sentiments.”

The index toppers were Yes Bank, Vedanta, Tata Motors, NTPC and Mahindra & Mahindra, and the laggards were Kotak Mahindra Bank, HDFC Bank, Reliance Industries, IndusInd Bank and Bajaj Finance. (IANS)

Next Story