Mid-Session: Sensex, Nifty rise on strong US jobs data; broader market support
08/08/2016 12:24
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13.04 Pm - Nifty Fut : Buy Zone
The Indian equities continued their uptrend in late morning deal on Monday as investors engaged in broad-based buying tracking a positive trend across most markets in Asia as strong US jobs data signaled a pickup in the recovery in the world’s biggest economy, bolstering risk taking appetite. Broader markets also witnessed surge in buying with Midcap and Smallcap indices gained 0.6 per cent each.
At 12:15 PM, the Bombay Stock Exchange bellwether Sensex was at 28148.51, up by 70.16 points or by 0.25 per cent, and the NSE Nifty was at 8700.85, up by 17.7 points or by 0.2 per cent.
In the bull-run trade so far, the BSE Sensex touched intraday high of 28226.38 and intraday low of 28134.99, while the NSE Nifty touched intraday high of 8723.50 and intraday low of 8697.60.
Shares of Hindustan Petroleum Corporation Limited (HPCL) jumped 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the RBI allowed foreign investors to hike their stake in the company to up to 40 per cent under portfolio investment scheme.
The top gainers of the BSE Sensex pack were Lupin Ltd. (Rs. 1704.00,+1.76%), Reliance Industries Ltd. (Rs. 1029.75,+1.50%), Dr. Reddy's Laboratories Ltd. (Rs. 3033.40,+1.05%), Wipro Ltd. (Rs. 550.25,+0.99%), Bajaj Auto Ltd. (Rs. 2885.00,+0.88%), among others.
Meanwhile, Bharti Airtel Ltd. (Rs. 357.35,-1.61%), Sun Pharmaceutical Industries Ltd. (Rs. 832.10,-1.22%), Tata Steel Ltd. (Rs. 378.00,-0.76%), NTPC Ltd. (Rs. 160.20,-0.68%), Larsen & Toubro Ltd. (Rs. 1505.00,-0.51%), were among top losers on BSE.
On the sectoral front, all the indices were trading in green, except capital goods stocks, with oil & gas and realty stocks surging as much as 1.89 per cent and 0.86 per cent respectively.
08/08/2016 12:24
Click Here & Register To Get 2 days Trial Tips
Free Intraday Tip : Join Our Whatsapp No : 9841986753
13.04 Pm - Nifty Fut : Buy Zone
The Indian equities continued their uptrend in late morning deal on Monday as investors engaged in broad-based buying tracking a positive trend across most markets in Asia as strong US jobs data signaled a pickup in the recovery in the world’s biggest economy, bolstering risk taking appetite. Broader markets also witnessed surge in buying with Midcap and Smallcap indices gained 0.6 per cent each.
At 12:15 PM, the Bombay Stock Exchange bellwether Sensex was at 28148.51, up by 70.16 points or by 0.25 per cent, and the NSE Nifty was at 8700.85, up by 17.7 points or by 0.2 per cent.
In the bull-run trade so far, the BSE Sensex touched intraday high of 28226.38 and intraday low of 28134.99, while the NSE Nifty touched intraday high of 8723.50 and intraday low of 8697.60.
Shares of Hindustan Petroleum Corporation Limited (HPCL) jumped 5 per cent, hitting 52-week high, on the Bombay Stock Exchange after the RBI allowed foreign investors to hike their stake in the company to up to 40 per cent under portfolio investment scheme.
The top gainers of the BSE Sensex pack were Lupin Ltd. (Rs. 1704.00,+1.76%), Reliance Industries Ltd. (Rs. 1029.75,+1.50%), Dr. Reddy's Laboratories Ltd. (Rs. 3033.40,+1.05%), Wipro Ltd. (Rs. 550.25,+0.99%), Bajaj Auto Ltd. (Rs. 2885.00,+0.88%), among others.
Meanwhile, Bharti Airtel Ltd. (Rs. 357.35,-1.61%), Sun Pharmaceutical Industries Ltd. (Rs. 832.10,-1.22%), Tata Steel Ltd. (Rs. 378.00,-0.76%), NTPC Ltd. (Rs. 160.20,-0.68%), Larsen & Toubro Ltd. (Rs. 1505.00,-0.51%), were among top losers on BSE.
On the sectoral front, all the indices were trading in green, except capital goods stocks, with oil & gas and realty stocks surging as much as 1.89 per cent and 0.86 per cent respectively.
