Sensex above 37K; Nifty reclaims 11,050 mark ahead of RBI monetary policy
The market breadth was positive with 858 shares advancing, 660 shares declining, and 516 remaining unchanged.
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| CAPITALSTARS FINANCIAL ADVISORY COMPANY |
The Sensex jumped 144 points to 37,120, while the Nifty gained 36 points to 11,098. The market breadth was positive with 858 shares advancing, 660 shares declining, and 516 remaining unchanged.
Shares of Sun Pharma were among top Nifty gainers and rose 3% after its US subsidiary Taro Pharma reported strong quarterly results.
Shares of Siemens soared 7% after the company reported a 19.7% increase in its net profit at Rs228cr for the quarter ended December 2018, mainly due to higher revenues.
Sun Pharma, Bajaj Auto, Eicher, and Tata Motors are trading higher on the NSE, while JSW Steel, Infratel, Hindalco, and Tata Steel are trading lower.
Volatility index India VIX was down 0.22% to 15.59.
The most active stocks were Reliance Infra, RIL, Sun Pharma, and Tech Mahindra.
The Indian rupee opened weak after rallying for two days ahead of RBI's monetary policy.
Asian stock markets were trading on a mixed note on Thursday as investors began to return from their Lunar New Year break. Hong Kong and Shanghai are still closed while the focus turns to the resumption of China-US trade talks in Beijing next week.
Shares of Sun Pharma were among top Nifty gainers and rose 3% after its US subsidiary Taro Pharma reported strong quarterly results.
Shares of Siemens soared 7% after the company reported a 19.7% increase in its net profit at Rs228cr for the quarter ended December 2018, mainly due to higher revenues.
Sun Pharma, Bajaj Auto, Eicher, and Tata Motors are trading higher on the NSE, while JSW Steel, Infratel, Hindalco, and Tata Steel are trading lower.
Volatility index India VIX was down 0.22% to 15.59.
The most active stocks were Reliance Infra, RIL, Sun Pharma, and Tech Mahindra.
The Indian rupee opened weak after rallying for two days ahead of RBI's monetary policy.
Asian stock markets were trading on a mixed note on Thursday as investors began to return from their Lunar New Year break. Hong Kong and Shanghai are still closed while the focus turns to the resumption of China-US trade talks in Beijing next week.
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