Live stock market tips: Nifty above 11,100, Sensex gains 200 pts; ONGC jumps 2%
It is a positive start for the indices on Monday with Nifty inching towards 11,100 marks.
The Sensex is up 212.54 points at 36883.97, while Nifty up 68.90 points at 11104.30. About 739 shares have advanced, 208 shares declined, and 53 shares are unchanged.
Sadbhav Infra, GMR Infra, Jet Airways, Dilip Buildcon, SBI, ONGC, IOC, Titan, Dr. Reddy’s Lab, Bharti Infratel, JSW Steel, Hero Moto, are some of the gainers on the indices, while lowers are Kotak Mahindra Bank, CG Power, Reliance Infra, TCS, Nalco and REC. Benchmark indices are flat in the pre-opening trade with positive bias Nifty around 11,100 level.
The Sensex is up 32.77 points at 36704.20, while Nifty is up 44.70 points at 11080.10.
Titan, L&T, SBI, are among major gainers in the pre-opening session. Asian shares pulled back on Monday after US employment data raised doubts about the strength of the global economy while investor jitters ahead of crucial Brexit votes in the UK parliament this week weighed on the pound. Oil prices rose on Monday, lifted by Saudi oil minister Khalid al-Falih saying an end to OPEC-led supply cuts was unlikely before June and a report of falling US drilling activity. Trends on SGX Nifty indicate a flat opening for the broader index in India, a fall of 15 points or 0.14 percent. Nifty futures were trading around 11,043-level on the Singaporean Exchange.source- www.moneycontrol.com
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