Nifty above 10,800, Sensex soars 290
pts; Asian Paints leads gainers' chart
Benchmark
indices have ended the day on a strong note, as buying was seen in last hour of
trade. Metal outperformed the benchmark indices with gains of 1.5 percent.
Asian
shares rallied after softer US inflation was seen reducing pressure on the US
Federal Reserve to hike rates at the faster pace.
The
Sensex was up 289.52 points at 35535.79, while the Nifty was up 90 points at
10806.50. About 1115 shares have advanced, 1537 shares declined, and 163 shares
are unchanged.
Asian
Paints, Tata Steel, HDFC, Larsen and Toubro, ICICI Bank, HPCL, Vedanta, BPCL
and Indiabulls Housing were the top gainers on the indices.
HEADLINES OF THE DAY
The initial public offer
of Indostar Capital Finance was subscribed 1.42 times.
JSW Steel reported 6
percent growth in crude steel production at 13.61 lakh tonne during April 2018.
Tata Motors today reported
38.81 percent rise in global sales, including that of Jaguar Land Rover, at
1,02,297 units in April.
Zee Entertainment up 1% despite
85% fall in Q4 profit.
Titan Q4 net jumps 71% to
Rs 304 cr.
Shares of PC Jeweller
gained more than 18 percent in the opening trade on Friday as the company board
approved the proposal of share buyback.
UPCOMING RESULTS: - VARDHMAN
TEXT, JK CEMENT, KALYANI FORGE, OMAX AUTOS, ORIENTAL BANKVANATI ORGANICS, BAJAJ
HIND,AVADH SUGAR, BALAJI ANIMES, BLUESTAR, BOMBAY
DYEING, CUPID, GODREJ AGROVET, HUL, JKPAPER, KEC INTL, MAJESCO
1 Comments
What an awesome post ! you nailed it! the Way is simply to express the List of Equity Research firms in India . thanks for giving. :) mcxTips
ReplyDelete