Nifty above 11,250, Sensex gains 300 pts; HDFC Life falls 4%
Indian indices continued its upward momentum on the second day on Tuesday with Nifty opened above 11,200 level.
The Sensex is up 291.67 points at 37345.77, while Nifty is up 80.50 points at 11248.50. About 759 shares have advanced, 129 shares declined, and 24 shares are unchanged.
RIL, Tata Motors, IOC, Bajaj Finserv, HDFC, Dabur, Ashok Leyland, Union Bank, IOB, Coal India, HDFC Bank, Gail, Grasim Industries are among major gainers on the indices, while losers are Bharti Airtel, Bharti Infratel and HDFC Standard Life.
All the sectoral indices are trading higher led by energy, infra, and metal. Benchmark indices are trading higher in the pre-opening session with Nifty at around 11,230 level. The Sensex is up 167.02 points at 37221.12, while Nifty up 62.10 points at 11230.10.
Tata Motors, HCL Tech, JSW Steel, Vedanta, Indiabulls Housing, Bajaj Finance, Hero Moto are among major gainers in the pre-opening trade. The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement. Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 49.50 points or 0.44 percent. Nifty futures were trading around 11,262-level on the Singaporean Exchange.
Good morning and welcome to the live coverage of all the action from D-Street. Stay tuned to this blog for all live updates from the market in India and around the world.source- www.moneycontrol.com
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