Nifty reclaims 10,200, Sensex gains 150 pts; RIL, ICICI Bank lead
Equity benchmarks started off the week on a positive note Monday, with the Nifty reclaiming 10,150 level on short covering after over a percent loss seen in previous week. The market opened after a long weekend.
The 30-share BSE Sensex was up 80.01 points at 32,469.97 and the 50-share NSE Nifty gained 30.30 points at 10,176.80.
Hero Motocorp, Bharti Airtel, Dr Reddy's Labs, Infosys, HUL, Cipla, TCS and Reliance Industries gained 1-2 percent.
Bajaj Auto, Axis Bank, HDFC, Indiabulls Real, UPL and HPCL were under pressure in early trade.
Nifty Midcap was up 0.2 percent on positive market breadth.
Bhushan Steel, Uttam Galva, Monnet Ispat, Visa Steel, 63 Moons, Dwarikesh Sugar, Puravankara Projects, Radico Khaitan and Gati rallied 2-10 percent.
Sintex Industries, Canara Bank, Andhra Bank and Titan Company were down 1 percent.
The Indian rupee has opened at 65.07 a dollar, falling 5 paise compared with previous close of 65.02 a dollar.
Asian stocks were mostly higher as the dollar spiked to more than three-month highs against the yen following a snap election in Japan on Sunday.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
Visit Here- http://www.capitalstars.com/
0 Comments