Market Update

Thursday 4 April 2019

Sensex, Nifty flat ahead of RBI meet; Bharti Airtel top gainer

Sensex, Nifty flat ahead of RBI meet; Bharti Airtel top gainer

L&T Hydrocarbon Engineering, a wholly owned subsidiary of Larsen and Toubro, has won contracts across various business segments between Rs 1,000-2,500 crore. It is a flat start for the Indian indices ahead of RBI policy meeting.
At 09:19 hrs IST, the Sensex is up 45.55 points at 38922.67, while Nifty is up 5 points at 11649. About 523 shares have advanced, 307 shares declined, and 52 shares are unchanged. 
Indiabulls Housing, Hero Motocorp, Titan, UltraTech Cement, L&T, Vedanta, Bharti Airtel, SRF, Godrej Agrovet are among major gainer, while losers are Wipro, HCL Tech, Zee Entertainment, UPL, BPCL, JSW Steel and Tata Steel.
On the sectoral front, except IT and metal, all other sectoral indices are trading in green. The Indian rupee opened lower by 11 paise at 68.53 per dollar on Thursday versus 68.42 yesterday. Benchmark indices are trading higher in the pre-opening session.
At 09:02 hrs IST, the Sensex is up 29.29 points or 0.08% at 38906.41, and the Nifty up 28.50 points or 0.24% at 11672.50.
RIL, SRF, Bharti Airtel are trading higher, while Jet Airways, Titan fell in the pre-opening. Trends on SGX Nifty indicate a positive opening for the broader indices in India, a gain of 31.50 points or 0.27 percent. Nifty futures were trading around 11,744-level on the Singaporean Exchange.
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