BSE Sensex closed 292.76 points higher at 35,208.14, while NSE’s Nifty 50 ended 104.50 points up at 10.722.75. Here are the highlights from the markets

Indian shares rose on Monday, tracking Asian peers, after tepid US jobs data on Friday eased fears of faster rate hikes by the Federal Reserve. Asian shares climbed with the MSCI’s broadest index of Asia-Pacific shares outside Japan rising 0.21%. However, analysts said crude oil prices and the rupee would be the other key factors affecting markets. “Movement of crude oil and rupee are likely to move the markets today apart from corporate results,” said Rahul Sharma, senior research analyst with Equity99. “Increase in bond yield and depreciation in the rupee are key worries for the market.

3.34 pm IST
Closing bell
BSE Sensex closed higher by 292.76 points, or 0.84%, to 35,208.14, while NSE’s Nifty 50 rose 104.50 points, or 0.90%, to close at 10.722.75.

3.15 pm IST
Market update
BSE Sensex traded higher by 288.41 points, or 0.83%, to 35,203.79, while the Nifty 50 rose 94.15 points, or 0.89%, to 10,712.40.

3.13 pm IST
Exide Industries shares jump 4% as net profit rises in Q4
Exide Industries Ltd shares jumped 4.47% to Rs259.70 after the company reported a net profit of Rs190 crore in the March 2018 quarter, up 15.8% from Rs164 crore last year. March-quarter revenue from operations stood at Rs2,459 crore versus Rs2,204 crore a year ago.

3.13 pm IST
Exide Industries shares jump 4% as net profit rises in Q4
Exide Industries Ltd shares jumped 4.47% to Rs259.70 after the company reported a net profit of Rs190 crore in the March 2018 quarter, up 15.8% from Rs164 crore last year. March-quarter revenue from operations stood at Rs2,459 crore versus Rs2,204 crore a year ago.

3.10 pm IST
Infibeam to buy Snapdeal’s Unicommerce in Rs 120-crore deal
Ahmedabad-based Infibeam Incorporation Ltd on Monday said it will acquire Snapdeal’s subsidiary Unicommerce, which offers e-commerce enablement software, in a deal worth up to Rs120 crore. “Under the agreement, Infibeam will issue optionally convertible debentures on preferential basis to Jasper Infotech valued up to Rs120 crore, subject to shareholders’ approval,” Infibeam said in a statement.

source: livemint