Mid-Session: Sensex, Nifty extend day’s gain; J&K Bank jumps 9%
24/07/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmark indices extended rally in late morning deal on Monday, led by gains in index heavyweights such as Reliance Industries, Wipro, ITC, Adani Ports and Bharti Airtel. The Jammu & Kashmir Bank rallied as much as 9 per cent after the state-run bank reported strong earnings during April-June quarter (Q1FY18), while its asset quality also improved during the quarter under review. The bank has reported 32 per cent year-on-year (Y-o-Y) growth in net profit at Rs 30.19 crore in Q1FY18 against Rs 22.88 crore in Q1FY17.
At 12:25 hours, the 30-share benchmark index was trading at 32223.11, up by 194.22 points or by 0.61 per cent, and the NSE Nifty was at 9958.65 up by 43.4 points or by 0.44 per cent.
In the day’s trade so-far, Sensex touched intraday high of 32232.63 and intraday low of 32058.33, while the NSE Nifty touched intraday high of 9968.95 and intraday low of 9919.6.
The top gainers of the BSE Sensex pack were Reliance Industries Ltd. (Rs. 1622.70,+2.30%), Wipro Ltd. (Rs. 292.30,+2.06%), ITC Ltd. (Rs. 293.35,+1.68%), Adani Ports & Special Economic Zone Ltd. (Rs. 386.35,+1.31%), Bharti Airtel Ltd. (Rs. 415.90,+1.16%), among others.
On the flip side, Dr. Reddy's Laboratories Ltd. (Rs. 2700.95,-2.13%), Oil And Natural Gas Corporation Ltd. (Rs. 162.50,-1.25%), Sun Pharmaceutical Industries Ltd. (Rs. 572.25,-0.75%), Asian Paints Ltd. (Rs. 1149.00,-0.59%), Kotak Mahindra Bank Ltd. (Rs. 993.60,-0.51%), were among top losers on BSE.
On the sectoral front, consumer durables and FMCG stocks emerged as top gainers on BSE, adding as much as 1.17 per cent and 0.95 per cent respectively.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2714, shares advanced were 1466 while 1097 shares declined and 151 were unchanged.
24/07/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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The Indian benchmark indices extended rally in late morning deal on Monday, led by gains in index heavyweights such as Reliance Industries, Wipro, ITC, Adani Ports and Bharti Airtel. The Jammu & Kashmir Bank rallied as much as 9 per cent after the state-run bank reported strong earnings during April-June quarter (Q1FY18), while its asset quality also improved during the quarter under review. The bank has reported 32 per cent year-on-year (Y-o-Y) growth in net profit at Rs 30.19 crore in Q1FY18 against Rs 22.88 crore in Q1FY17.
At 12:25 hours, the 30-share benchmark index was trading at 32223.11, up by 194.22 points or by 0.61 per cent, and the NSE Nifty was at 9958.65 up by 43.4 points or by 0.44 per cent.
In the day’s trade so-far, Sensex touched intraday high of 32232.63 and intraday low of 32058.33, while the NSE Nifty touched intraday high of 9968.95 and intraday low of 9919.6.
The top gainers of the BSE Sensex pack were Reliance Industries Ltd. (Rs. 1622.70,+2.30%), Wipro Ltd. (Rs. 292.30,+2.06%), ITC Ltd. (Rs. 293.35,+1.68%), Adani Ports & Special Economic Zone Ltd. (Rs. 386.35,+1.31%), Bharti Airtel Ltd. (Rs. 415.90,+1.16%), among others.
On the flip side, Dr. Reddy's Laboratories Ltd. (Rs. 2700.95,-2.13%), Oil And Natural Gas Corporation Ltd. (Rs. 162.50,-1.25%), Sun Pharmaceutical Industries Ltd. (Rs. 572.25,-0.75%), Asian Paints Ltd. (Rs. 1149.00,-0.59%), Kotak Mahindra Bank Ltd. (Rs. 993.60,-0.51%), were among top losers on BSE.
On the sectoral front, consumer durables and FMCG stocks emerged as top gainers on BSE, adding as much as 1.17 per cent and 0.95 per cent respectively.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2714, shares advanced were 1466 while 1097 shares declined and 151 were unchanged.
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Free Commodity Tips : Join our Whatsapp No : 9094047040
