Monday, 18 May 2015

Nifty Hits 8300, Sensex Strong : ONGC, M&M, Bajaj Auto Gain

Posted by suhani varma on Monday, May 18, 2015 with No comments

The Sensex is up 141.14 points or 0.5 percent at 27465.14 and the Nifty is up 44.10 points or 0.5 percent at 8306.45. About 1060 shares have advanced, 400 shares declined, and 115 shares are unchanged. ONGC, M&M, Bajaj Auto, GAIL and Vedanta are top gainers in the Sensex. Among the losers are Wipro, Hero and HUL.

The market has kick-started the week on a positive note. The Sensex is up 79.82 points or at 27403.82 and the Nifty is up 22.90 points at 8285.25. About 384 shares have advanced, 121 shares declined, and 76 shares are unchanged.

Hindalco, ONGC, Cipla, GAIL and Hero are top gainers while HUL, Wipro and HDFC are major losers. Asian Paints is up around 2 percent ahead of announcing its March quarter earnings today. The Indian rupee opened with marginal gains of 6 paise at 63.45 per dollar on Monday versus 63.51 Friday.

The dollar falls to a three-month low against the euro, as disappointing data on US domestic factory activity and consumer sentiment spurred doubts about the recovery in the US. The dollar index slips to the 93 levels.

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