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Share Market:RIL, HDFC Bank Top Gainers,ONGC jumps 2%,SBI share in focus

SBI share in focus - Shares of State Bank of India rose as much as 1.5 per cent to Rs 285.50. The country’s largest lender linked interest on savings bank deposits above Rs 1 lakh to the Reserve Bank of India’s repo rate. The effective savings bank deposit rate for Rs 1 lakh and above stands at 3.5 per cent.



Market opens: It is a positive start for the indices on Monday with Nifty inching towards 11,100 marks. The Sensex is up 212.54 points at 36883.97, while Nifty up 68.90 points at 11104.30. About 739 shares have advanced, 208 shares declined, and 53 shares are unchanged.

Sadbhav Infra, GMR Infra, Jet Airways, Dilip Buildcon, SBI, ONGC, IOC, Titan, Dr Reddy’s Lab, Bharti Infratel, JSW Steel, Hero Moto, are some of the gainers on the indices, while lowers are Kotak Mahindra Bank, CG Power, Reliance Infra, TCS, Nalco and REC.

 Rupee Opens: The Indian rupee gained in the early trade on Monday. It has opened higher by 14 paise at 70.01 per dollar versus previous close 70.15.

 Crude Update: Oil prices rose on Monday, lifted by Saudi oil minister Khalid al-Falih saying an end to OPEC-led supply cuts was unlikely before June and a report of falling US drilling activity.

RIL, HDFC Bank Top Gainers-  Reliance Power (number of shares traded: 0.32 crore), Reliance Communications (number of shares traded: 0.20 crore).RIL (Rs 92.87 crore) was leading the pack of most active stocks in value terms.

Source

Sensex | Share Market | SBI Shares | Rupee | Crude Oil | RIL Shares


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