Markets remain firm; oil & gas, realty lead
08/08/2016 13:26
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13.26 Pm - Nifty Fut : Buy Zone
Indian equity benchmarks continued to trade in the positive territory during the afternoon session on Monday led by buying from retail investors and foreign funds tracking a positive trend across Asia amid Friday's better-than-expected US July jobs data.
At 1:08 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,178.78, up by 100.43 points or 0.36 per cent while the NSE Nifty was at 8,707.15, up by 24 points or 0.28 per cent.
Buying momentum was witnessed mainly in the oil & gas, realty and auto sector stocks.
Further, participants remained optimistic ahead of the RBI’s monetary policy review on Tuesday even though a rate cut was unlikely.
The top gainers of the BSE Sensex pack were Hero MotoCorp Ltd. (Rs. 3518.45,+2.45%), Adani Ports & Special Economic Zone Ltd. (Rs. 238.10,+1.82%), Lupin Ltd. (Rs. 1704.50,+1.79%), Reliance Industries Ltd. (Rs. 1031.00,+1.62%), Maruti Suzuki India Ltd. (Rs. 5005.20,+1.15%), among others.
Major show spoilers were Bharti Airtel Ltd. (Rs. 358.00,-1.43%), Sun Pharmaceutical Industries Ltd. (Rs. 832.00,-1.23%), NTPC Ltd. (Rs. 159.90,-0.87%), Tata Steel Ltd. (Rs. 378.10,-0.74%), Larsen & Toubro Ltd. (Rs. 1505.30,-0.49%), among others.
On the global front, Asian markets were trading in the green tracking a positive closing at Wall Street on Friday as strong US employment numbers signaled a strengthening US economic recovery.
08/08/2016 13:26
Free Intraday Tip : Join Our Whatsapp No : 9841986753
13.26 Pm - Nifty Fut : Buy Zone
Indian equity benchmarks continued to trade in the positive territory during the afternoon session on Monday led by buying from retail investors and foreign funds tracking a positive trend across Asia amid Friday's better-than-expected US July jobs data.
At 1:08 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,178.78, up by 100.43 points or 0.36 per cent while the NSE Nifty was at 8,707.15, up by 24 points or 0.28 per cent.
Buying momentum was witnessed mainly in the oil & gas, realty and auto sector stocks.
Further, participants remained optimistic ahead of the RBI’s monetary policy review on Tuesday even though a rate cut was unlikely.
The top gainers of the BSE Sensex pack were Hero MotoCorp Ltd. (Rs. 3518.45,+2.45%), Adani Ports & Special Economic Zone Ltd. (Rs. 238.10,+1.82%), Lupin Ltd. (Rs. 1704.50,+1.79%), Reliance Industries Ltd. (Rs. 1031.00,+1.62%), Maruti Suzuki India Ltd. (Rs. 5005.20,+1.15%), among others.
Major show spoilers were Bharti Airtel Ltd. (Rs. 358.00,-1.43%), Sun Pharmaceutical Industries Ltd. (Rs. 832.00,-1.23%), NTPC Ltd. (Rs. 159.90,-0.87%), Tata Steel Ltd. (Rs. 378.10,-0.74%), Larsen & Toubro Ltd. (Rs. 1505.30,-0.49%), among others.
On the global front, Asian markets were trading in the green tracking a positive closing at Wall Street on Friday as strong US employment numbers signaled a strengthening US economic recovery.
