Monday, 26 November 2018

Nifty Hovers Around 10,550 Mark HDFC Bank Reliance Industries Gain

Posted by suhani varma on Monday, November 26, 2018 with No comments

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Equity benchmark indices opened higher on Monday tracking strong Asian cues and lower crude oil prices. OMC stocks gained today on lower crude oil prices. Shares of HPCL, BPCLand IOC were trading higher in the range of 2-1%.

On the sectoral front, FMCG, banking, auto and financial services were trading higher in today’s session, while IT, metal and realty were in the negative zone.

The Indian rupee opened higher by 23 paise at 70.46 against the US dollar.

BPCL, Infratel, HPCL, Bharti Airtel and IOC were the top Nifty gainers, while Yes Bank, Adani Ports, Infosys, Tech Mahindra and Kotak Mahindra Bank were among the top losers.

The BSE Sensex was up 43 points at 35,023, and the Nifty gained 29 points at 10,555.

The BSE Midcap index is trading 0.23% up, while the BSE Smallcap has risen 0.15%.

Volatility index India VIX is down 1.1% to 18.94.

The most active stocks were Yes Bank, Infosys, HPCL, IOC and Reliance Industries.

Shares of GPT Infra rose 5% after company bagged an order worth Rs159.8c.

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