Share Market Tips- Nifty opens above 11,650, Sensex up 180 pts; Nifty Bank at a record high
It is a positive start for the Indian indices on Monday with Nifty above 11,650 level.
At 09:18 hrs IST, the Sensex is up 189.65 points or 0.49% at 38862.56, and the Nifty up 53.10 points or 0.46% at 11677.00. About 710 shares have advanced, 222 shares declined, and 46 shares are unchanged.
Vedanta, JSW Steel, Tata Steel, UltraTech Cement, Adani Ports, Bharti Airtel, Bajaj Auto, Eicher Motors, M&M are among major gainers on the indices, while losers are Cipla, HCPL, BPCL, IOC, ONGC and Zee Ent.
Except for energy, all other sectoral indices are trading higher led by metal, PSU bank, auto, infra, IT and pharma. The company has achieved the highest-ever turnover of Rs 1440 crore during the financial year 2018-19, registering a growth of 9 percent over the previous year. Core production jumped 15 percent during the year, while total production crossed 13 lakh MT in FY’19. Benchmark indices are trading higher in the pre-opening with Nifty above 11,650.
At 09:02 hrs IST, the Sensex is up 173.03 points or 0.45% at 38845.94, and the Nifty up 29.90 points or 0.26% at 11653.80.
Vedanta, JSW Steel, ICICI Bank, Bajaj Auto, are trading higher in pre-opening session, while Cipla is trading lower. source- www.moneycontrol.com
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