Sensex up 67 points Nifty holds 10,628 mark; Coal India, Tata Motors gain

Sensex Nifty gainers today India’s Share Markets began on a positive note due to firm global cues on Tuesday with Sensex and Nifty hitting all-new record highs. Investor outlook remained upbeat on continued capital inflows and extensive buying by retail investors with hop0es of encouraging Q3 earnings, to be posted this week.

The BSE index Sensex was trading 67.34 points up to 34,420.13 and the NSE Nifty-50 index up by 4.65 points to 10,628.25 in the later morning a hours Shares of Coal India Ltd rose 5.2 percent after the company hiked fuel prices used to fire power plants.

Shares of Max India Limited rose 2.4% to Rs. 124.35 after Life Healthcare Group Holdings Ltd is looking out a sale of its stake in India’s Max Healthcare Ltd.

Shares of National Mineral Dev Corpn plunged 4 percent after the government said it will sell 1.5 percent stakes in NMDC through an offer for sale.

Nifty top gainers include Coal India, Tata Motors, Tata Steel, GAIL India and Kotak Mahindra Bank. On the other hand, the losers include HPCL, Zee Entertainment, Eicher Motor, Hindalco Industries, and Tech Mahindra.

Market Morning Update: Stocks to watch out for on November 21

stock market high Morning Update- Sensex and Nifty opened marginally higher on Tuesday following an upsurge in the US markets. At 10.25 a.m., the BSE index Sensex was trading up 129 points at 33,488 levels and the NSE index 50 Nifty was up 36.95 points at 10,335.70. The Indian rupee was being traded at 65.09 against the U.S dollar in early trade.

Stock in Action: Shares of L&T Finance Holdings fell over 3% after 1.9% of the company’s equity shares changed hands in a block deal on the counter. 

CL Educate Limited, Educational support Services Company will release their Q2FY18 results today. The stock will be in focus on November 21, 2017. 

ANBCC (India) Limited has awarded the contract for construction of various Buildings for IIT Bhubaneswar at Bhubaneswar to Simplex Infrastructures Limited for Rs. 524.12 crore. The stock will be in focus on Tuesday.

Sanghvi Movers Limited has informed the Exchange that the credit rating agency ICRA has assigned ICRA to all the facilities of the company.

Lakshmi Vilas Bank has announced that its Q2 results on Monday, posting an increase of 14% in its income for the corresponding period, while, its net profit reduced to Rs. 76 core in Q2FY17 against Rs. 125 crore in Q2FY17 on the back of higher provisions.