Skip to main content

Stocks to Buy :ICICI Bank,Yes Bank, L&T Top Gainers;Sensex, Nifty Trade Higher

Yes Bank shares gained by more than 2% to Rs 218.10, while ICICI Bank shares are up 342.15, to emerge among the top Sensex gainers.



Sensex, Nifty Trade higher: Sensex, Nifty Swing In Open Indian equity benchmarks traded higher after fluctuating between gains and losses in the open. The S&P BSE Sensex Index traded 0.2 per cent higher at 35,570 as of 9:17 a.m. and the NSE Nifty 50 Index traded at 10,658.40, up 0.19 per cent. The market breadth was tilted in favour of buyers. About 755 stocks advanced and 604 shares declined on National Stock 

Gainers include Jet Airways, Ambuja Cements, Dr Reddy's Lab, Sun Pharma, Grasim, JSW Steel, Hindalco, Emami, while losers are Indiabulls Housing, Wipro, HDFC, Adani Port and IDFC.

Market at pre-open: Benchmark indices are mixed in in the pre-opening trading with Nifty holding above 10,600. At 09:02 hrs IST, the Sensex is up 96.03 points or 0.27% at 35594.47, and the Nifty down 13.70 points or 0.13% at 10627.30. Emami, Tata Motors, Yes Bank are trading with marginal gains in the pre-opening session.

Rupee Update: The rupee weakened by 11 paise to end 71.34 against the US dollar on Monday amid firming crude oil prices and persistent foreign fund outflows.

Crude update: Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel demand this year, although supply cuts led by producer cartel OPEC still meant markets were relatively tight.

Shares of Emami were trading around 3 per cent higher in the early trade as the Agarwal and Goenka families - promoters in Emami Ltd - have sold 10 per cent of their stakes for Rs 1,600 crore to pare the debts of other Group companies like Emami Cement, Emami Power and others.


Share Market | Sensex | Nifty Update | Gainers | Yes Bank Shares | Rupee Update | Crude

Comments

Popular posts from this blog

Stock Market Update - Avanti Feeds Gains, Tata Group Stocks Trade Mixed

Orient Electric Halts Two-Day Gaining Streak, Shares Fall 6% Shares of Orient Electric fell as much as 5.7 percent to Rs 184.05, halting a two-day gaining streak. The stock advanced 21 percent in the past 12 months compared to a 14 percent gain in the Sensex. Tata Group Stocks Trade Mixed After NCLAT Order Shares of the Tata Group companies traded mixed after the National Company Law Appellate Tribunal ruled that his dismissal as chairman of Tata Sons Ltd. was illegal. While restoring him to his original position as executive chairman of the Tata Group’s holding company, the NCLAT held that the resolution by Tata Sons board removing Mistry was illegal. Essel Propack Surges 16% To Record High Shares of Essel Propack rose as much as 16 percent, the most since Jan. 28, 2019, to hit an all-time high at Rs 175.45. Trading volume was more than seven times its 20-day average, Bloomberg data showed.  The Relative Strength Index was above 70, indicating that the stock may...

Stock Market News - Yellow metal hits fresh record high as Iran attacks US forces

On the MCX, gold contracts for February were trading higher by Rs 562, or 1.38 percent, at Rs 41,225 per 10 gram at 0920 hours. It hit a record high of 42,278 per 10 gm. India Gold February futures hit a fresh record high on January 8 tracking gains in international spot prices which surged past $1,600 an ounce mark after Iran fired rockets at Iraqi airbase which hosts US forces that triggered risk-off sentiment. Spot prices hit their highest since March 2013 at $1,610.90 earlier in the session. US gold futures rose 2 percent to $1,605.80. “The jump in the price of what’s viewed by investors as a safer asset in times of political and economic uncertainty came after Iran’s missile attack on US-led forces in Iraq early on Wednesday,” said a Reuters report. “The attack came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears of a wider conflict in the Middle-East,” it said. On the MCX, gold contracts for February were trading...

Share market updates: Sensex falls 200 points, Nifty open lower at 10,850;Eicher Motors down 5%

Share market LIVE: The benchmark equity indices – Sensex and Nifty – opened on a lower note Wednesday even as the domestic markets rallied yesterday. The S&P BSE Sensex Index declined 0.6% intraday to 36,035.78 and the NSE Nifty 50 Index fell 0.38 percent to trade near 10,850. IT stocks — Tech Mahindra (1.13%) and Wipro (1.09%) — are the major gainers today. Eicher Motors leads the index losers list with a loss of 5.63%. Coal India, TATA Motors, Jet Airways, NMDC, LIC Housing Finance, Power Grid, and Glenmark Pharma are among the major stocks that will remain in focus throughout the day. Bharti Airtel share price ended the session 2.7% higher to 312.55, while HDFC share price gained by more than 1.9% to Rs 2,008. Yes, Bank share price zoomed more than 2% to hit the day’s high at Rs 185.90. Eicher Motors Worst Performer On Nifty After December Sales Fall 13%. Shares of Eicher Motors fell as much as 5.8 per cent, the most in over two months, to Rs 21,860. The comp...