Live stock market tips: Nifty below 10,800, Sensex flat; Jet Airways tumbles 3%
After a positive start benchmark indices erased some of its morning gains with Nifty trading below 10,800 marks.
The Sensex is up 37.92 points at 35909.40, while Nifty is down 0.30 points at 10791.40. About 921 shares have advanced, 597 shares declined, and 102 shares are unchanged. It is a positive start for the benchmark indices on Monday with Sensex is trading around 36,000 level.
At 09:18 hrs IST, the Sensex is up 124.38 points at 35995.86, while Nifty up 27.00 points at 10818.70. About 600 shares have advanced, 226 shares declined, and 43 shares are unchanged.
Indiabulls Housing, JSW Steel, Yes Bank, Maruti Suzuki, Hero Moto, Tech Mahindra, Tata Steel, DLF, Sobha, Oberoi Realty, Sunteck Realty, GVK Power, Reliance Capital, Godrej Properties are among major gainers on the indices, while losers are Adani Port, Mindtree, Jet Airways, IIFL Holding and Motilal Oswal. Benchmark indices are trading higher in pre-opening session.
At 09:03 hrs IST, the Sensex is up 145.01 points at 36016.49, while Nifty is up 24.60 points at 10816.30.
Real estate stocks are trading higher post-GST Council slashed tax rate on under-construction residential properties
Indiabulls Housing, HUL, Oberoi Realty, DLF, Godrej Properties are trading higher in the pre-opening session, while Jet Airways, Motilal Oswal and Sobha are trading lower. Gold prices edged up on Monday as the dollar eased after US President Donald Trump said he would delay an increase in tariffs on Chinese goods as trade talks between the two nations were making progress, while palladium hit a record high. Asian shares scaled a 5-month peak on Monday after US President Donald Trump confirmed he would delay a planned increase on Chinese imports as talks between the two sides were making.source- www.moneycontrol.com
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