Nifty, Sensex hit fresh record highs on Monday, Investment Stock Future

stock market up Share Market News – Key benchmark indices opened higher on Monday following positive signals from global markets and led by gains in Infosys, L&T and HDFC. The BSE Sensex was trading at 34,361 levels, up 208 points, while the NSE Nifty50 was ruling at 10,618, up 50 points in the later morning hours.

Shares of Sun Pharma, Lupin, Aurobindo, Cipla and GAIL India were the top gainers on Nifty 50, while shares of Bharti Airtel, Asian Paints, Hindustan Unilver and HCL Tech were the top losers in today’s trade. Shares of L&T touched 52-week high after the company won orders worth Rs. 2265.00 croes.

Jaypee Infratech’s share rose nearly 10 percent on reports that Lodha Group and Tata Housing have filed initial bids to take over the company following its insolvency proceedings.

The Nifty Pharma Index rose 2 percent on expectation of a pickup in earnings. Sun Pharm and Yes Bank were among the top gainers on the Nifty50 Index, on the other side shares of Bharti Airtel were the biggest loser.

Sensex, Nifty trade higher, auto Stocks and banking stocks fall

Stock trading tips Sensex and Nifty were trading higher in early trade, tracking positive signs from Asian markets and continued rally in metal stocks. The BSE Sensex was up 42.12 points or 0.12% at 33,835.50. The NSE Nifty-50 index was up 13.60 points or 0.13% at 10,456.50 in the late morning hours. Shares of ONGC, Dr. Reddy’s and IndusInd Bank rose, whereas shares of ICICI Bank, Tata Motors and Yes Bank fell. 

Metal stocks keep on gaining on the back of growing global commodity prices. The Nifty Metal Index rose 0.5 percent in early trade, led by more than one percent gains in shares of Vedanta Ltd and Welspun Corp.

Tata Motors fell 1.1% to Rs.252 after the company announced its US JLR sales fell 9.4 percent to 11,394 units. Shares of Oil & Natural Gas rose 1.3 percent to Rs. 196.15 after international crude oil prices hit a 3-year high.

In Nifty-50 index, shares of Asian Paints and ONGC rose 1.5%, each, Dr. Reddy’s rose 1.2% and Coal India up 1% as the top gainers while Shares of Tata Motors fell 1.4%, HCL Tech slipped 1.06%, ICICI Bank down 0.86%, Yes Bank down 0.55% and Sun Pharma lose 0.41% as the top losers in today’s trade.