Market Update

Thursday 30 May 2019

Market up over 100 pts, Nifty around 11,900; West Coast Paper gains 13%

Market up over 100 pts, Nifty around 11,900; West Coast Paper gains 13%

It is flat opening for the Indian indices with Nifty around 11,900 ahead of F&O expiry of May series.
At 09:16 hrs IST, the Sensex is up 36.91 points or 0.09% at 39538.96, and the Nifty up 14.60 points or 0.12% at 11875.70. About 511 shares have advanced, 349 shares declined, and 27 shares are unchanged. 
Power Grid, Tech Mahindra, TCS, Wipro, Bajaj Auto, Tata Motors, RIL, West Coast Paper are some of the major gainers in the early trade, while losers are Sun Pharma, Yes Bank, ONGC, Cipla, Zee Entertainment, HDFC, UPL, Glenmark Pharma, BEL, United Spirits, and Hero Motocorp, Indian indices are trading higher in the pre-opening session on May 30.source- money control
At 09:01 hrs IST, the Sensex is up 47.27 points or 0.12% at 39549.32, and the Nifty up 29.60 points or 0.25% at 11890.70. Asian stocks tracked Wall Street losses on Thursday as rhetoric from Beijing and Washington over trade matters kept alive investor concerns about the tariff war's impact on global economic growth. US stocks fell on Wednesday, with the S&P 500 and Nasdaq closing just above key support levels, as worries that a lengthy US-China trade war would crimp global growth pushed investors into the safety of government bonds.
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