The benchmark indices edged higher on Tuesday, on easing geopolitical concerns. At 10:20 am, the BSE Sensex, was up 268.88 points or 0.91% at 29,682.54. The NSE Nifty-50 index was up 74.10 points or 0.81% at 9,213.40. In the broader market, BSE Midcap gained 0.8% whereas BSE Smallcap was up 2%. The market breadth was strong with 1,127 advancing shares and 261 declining shares, while a total of 30 shares unchanged.
All the sectoral indices are trading in positive terrain on BSE in the morning hours. Reliance (RIL) has crossed the TCS in terms of market capitalization by Rs 567 crore.
HIL, Tata Steel, Adani Ports, Bank of Baroda and IOC are among the gainers, while Coal India Ltd, M&M, , Sun Pharma, Ambuja Cements, and Ultratech Cement are losing gleam on NSE.
On the macro front, the monsoon forecast will be announced later today, as in the June-September period, the southwest monsoon is crucial for the country's agriculture.
Asian stocks were trading on a mixed note under easing geopolitical concerns. U. S stocks rose the most in 6 weeks yesterday, 17 April 2017 as worries eased about major events that pressured global growth.
Summer Offer 15 Days Free Trial >>>> CLICK HERE
0 comments:
Post a Comment