Sensex rises record high in early trade, RCom shares spikes

Sensex Nifty up Key benchmark indices extended gains after markets opened even with Sensex picking on with a little up move. BSE Sensex gained 74.89 points to open at 34,085.50 while NSE Nifty started a little move by 6.10% at 10,537.60.

Shares of Reliance communication (RCom) kept gains after an enormous surge in the stock prices on Tuesday, when Anil Ambani announced the total debt of the company would be reduced by Rs 39,000 cr.

Shares of RIL, Yes Bank, Sun Pharma contributed the most to the Sensex gains. Sectorally, Nifty pharma and Nifty Realty leading the charge while Nifty banking sector shed up to 0.24%.
Shares of Yes Bank, Sun Pharma, ONGC, HUL, Dr Reddy’s, RIL, Tata Steel, Maruti Suzuki, and NTPC come out as the top gainers on Sensex while Wipro, ICICI Bank, Coal India and Asian Paints were losers.

Oil Company shares such as Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Indian Oil Corporation fell nearly 1 percent each in early trade owing to a surge in crude prices globally, on Tuesday.

Sensex, Nifty hit lifetime highs on early trade: Infosys down 1.3%

Sensex Nifty high Live Market- Sensex and Nifty started the holiday-shortened week on a positive note in the opening trade, led by gains in shares of TCS and metal and mining companies. BSE Sensex reached its peak high of 34005.37 and Nifty reached at 10,500 l in early trade. However, in the after hours the indices were trading lower.

The broader markets were also supported by positive footing in shares of GAIL India, Vedanta Ltd, ONGC rising up 0.7 to 1.1%.

Shares of Infosys’ down 1.3%, on Nifty50, while shares of Tata Consultancy Service rose 1.5% in early trade after a report said the company will renew large outsourcing contracts.
The Indian rupee opened marginally higher at 64.03 per dollar on Tuesday against 64.05 on Friday.

Sensex, Nifty extend gains, Bharti Airtel, Tata Motors shares gain

Sensex Nifty up Sensex & Nifty opened on a higher note for the second straight day on Friday. The BSE Sensex was up 249.49 points at 33,198.70. The NSE Nifty 50 index was up 83.30 points at 10,250 in later morning hours.

Shares of Tata Motors rose 1.7%, Vedanta up 1.6%), Marut Suzuki up 1.4%, IndusInd Bank rose 1.36% and United Phosphorus Ltd gained 1.3% becoming the top gainers on Nifty50, whereas Infratel, Eicher Motors, Asian Paints, NTPC and Ambuja Cement were the top losers in today’s trade.
Shares of Jet Airways declined about 4% after the company posted a 91 percent fall in its July-September net profit to Rs.50.00 crore.

The shares of Bharti Airtel Limited gained over 7.10 percent to on BSE while it zoomed 7.24 percent to Rs 518.5 on NSE and it settled up 6.5 percent on BSE.

The stock of Bharti Airtel was among the major gainers on Sensex, which rose 1.3 percent after it zoomed more than 6 percent in yesterday’s trade.

The Indian rupee opened little changed against the dollar. It opened at 64.55 per dollar and was trading at 64.58 a dollar, down 0.02% from its Thursday’s close of 64.57.

Strong market breadth; Sensex gains nearly 230 points, Nifty reclaims 10,119

Sensex Nifty rise todaySensex & Nifty extended initial gains and hit new intraday high in morning session, on Thursday. At 10.50 am, the BSE Sensex jumped 236.72 points to hit the day’s high of 32,833.90 while NSE Nifty edged up 74.90 points to mark the day’s high at 10,119.00. Investors mostly felt to get a relief after macro-economic ridden week ended on Wednesday with RBI fifth bi-monthly monetary policy keeping the repo rate unchanged at 6 percent.

Metal mostly rose with Hindustan Copper (up 2.38%), SAIL (up 1.71%), JSW Steel (up 1.40%), Jindal Steel (up 1.36%), Tata Steel (up 1.23%), Bhushan Steel (up 0.98%), nalco (up 0.92%), among others.

All the sectoral stocks of NSE have traded in the green with Nifty Auto, Metal, Realty, and PSU Bank index leading the gains.

Shares of Tata Steel, NTPC, Hero MotoCorp, Maruti, L&T and Bajaj Auto were leading the charge while shares of Wipro, Sun Pharma, and RIL falling a little in the early trades.

The heavyweight shares of State Bank of India, L&T, Maruti Suzuki, ICICI Bank contributed the most to the Sensex gains.

Sensex, Nifty open marginally higher, Infosys shares rise

stock market up The key indices opened the session on a flat note since traders remained cautious ahead of Sept-quarter GDP data to be released on Thursday.

At 10.40 Am., the BSE index Sensex was up 31.91 points at 33,650.50 and the NSE Nifty 50 index was up 8.90 points at 10,379.15.

Shares of Oil and Natural Gas Corporation, Coal India, Reliance Industries, Dr Reddy’s Lab, ITC, NTPC, Infosys gained up to 1.7% while Axis bank and HDFC dragged the most, lost up to 1.2 percent each. The heavyweight shares of Reliance, ITC and Infosys contributed the most to the Sensex gains, whereas a fall in HDFC twins and Axis Bank cut off most of the gains.

Shares of SREI Infrastructure Finance Ltd rose 2.5 percent to Rs. 111.65 after its subsidiary SREI Equipment Finances files draft red herring prospects with regulator Sebi. The initial offer consists fresh issue of shares worth Rs. 1,100 crore and offer for sale of up to 43.86 lakh shares by SREI Infra.

The Indian rupee depreciated 10 paise to 64.51 against the USD in early trade. Earlier yesterday, it has gained 9 paise to conclude at a fresh two-month high against the US dollar.