In the broader market, the BSE Midcap index was trading 108 points higher at 15,587 levels, while the BSE Smallcap index was trading at 15,160 levels, up 133 points.
Equity benchmark indices extended gain in Monday's morning trade tracking positive global cues. Banking stocks, which outperformed in March, hit a fresh record high of 30,603 levels, rising 0.60%.
From the metal space, the index gained 2% led by Hindalco, Vedanta, and Tata Steel.
The Sensex was up 304 points at 38,977 levels, and the Nifty50 index rose 79 points at 11,703 levels. The market breadth was positive on the NSE with 1,206 shares advancing, 354 shares declining, and 516 remaining unchanged.
In the broader market, the BSE Midcap index was trading 108 points higher at 15,587 levels, while the BSE Smallcap index was trading at 15,160 levels, up 133 points.
The money market is closed today on account of banks' closing day.
On the economic data front, India’s infrastructure output for the month of February and the external debt are scheduled to be announced today.
The volatility index, India VIX, was jumped 4.26% at 17.91.
Shares of SRF dropped 3% after the company said that the pollution control board has issued directions to close the operations of its industrial plant in Gujarat due to alleged non-compliance with the provisions of Water (Prevention and Control of Pollution) Act, 1974.
Shares of Cipla slipped 1% in the morning trade on the NSE. The pharma company said that the USFDA has issued 8 Good Manufacturing Practices (GMP) observations for its Kurkumbh plant.
Among stocks, Tata Motors, Hindalco, Vedanta, and Tata Steel are trading higher, IOC, ONGC, and Coal India are trading lower on the NSE.
The most active stocks on the NSE are Indiabulls HF, Tata Steel, and SRF.
Meanwhile, Asian markets gained with US equity futures and Treasuries slipped as evidence of a pick-up in China’s manufacturing eased concerns about the global economic slowdown.
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From the metal space, the index gained 2% led by Hindalco, Vedanta, and Tata Steel.
The Sensex was up 304 points at 38,977 levels, and the Nifty50 index rose 79 points at 11,703 levels. The market breadth was positive on the NSE with 1,206 shares advancing, 354 shares declining, and 516 remaining unchanged.
In the broader market, the BSE Midcap index was trading 108 points higher at 15,587 levels, while the BSE Smallcap index was trading at 15,160 levels, up 133 points.
The money market is closed today on account of banks' closing day.
On the economic data front, India’s infrastructure output for the month of February and the external debt are scheduled to be announced today.
The volatility index, India VIX, was jumped 4.26% at 17.91.
Shares of SRF dropped 3% after the company said that the pollution control board has issued directions to close the operations of its industrial plant in Gujarat due to alleged non-compliance with the provisions of Water (Prevention and Control of Pollution) Act, 1974.
Shares of Cipla slipped 1% in the morning trade on the NSE. The pharma company said that the USFDA has issued 8 Good Manufacturing Practices (GMP) observations for its Kurkumbh plant.
Among stocks, Tata Motors, Hindalco, Vedanta, and Tata Steel are trading higher, IOC, ONGC, and Coal India are trading lower on the NSE.
The most active stocks on the NSE are Indiabulls HF, Tata Steel, and SRF.
Meanwhile, Asian markets gained with US equity futures and Treasuries slipped as evidence of a pick-up in China’s manufacturing eased concerns about the global economic slowdown.
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Intraday stock tips, Financial Advisory Company ,Derivative Free Trial,Stock tips
Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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