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Market Live: Nifty hits record high, Sensex gains 250 pts; Polycab up 22% after listing

Apr 16, 09:58 AM (IST)
Market Update: Nifty50 touched a record high in today’s trading as it crossed its earlier high of 11761.

At 09:58 hrs IST, the Sensex is up 285.22 points or 0.73% at 39191.06, and the Nifty up 78.30 points or 0.67% at 11768.70.

Apr 16, 09:55 AM (IST)
New Listing: Shares of Polycab India settled at Rs 633 on the Bombay Stock Exchange against issue price of Rs 538.

Apr 16, 09:48 AM (IST)
Reliance Industrial Infrastructure has recommended a dividend of Rs 3 per equity share of Rs 10 each for the year ended March 31, 2019.

Apr 16, 09:37 AM (IST)
Buzzing: Shares Deepak Fertilisers and Petrochemicals Corporation gained 7 percent as company announced the commercial production of Nitric Acid complex at Dahej, Gujarat.

The new facility, with project cost of approximately Rs. 550 crore, has production capacities of 92 KTPA for Concentrated Nitric Acid (CNA) and 149 KTPA for Diluted Nitric Acid (DNA).

Apr 16, 09:19 AM (IST)
Market Opens: Indian indices opened higher on Tuesday with Nifty above 11,700 level.

At 09:17 hrs IST, the Sensex is up 173.03 points or 0.44% at 39078.87, and the Nifty up 51.50 points or 0.44% at 11741.90. About 546 shares have advanced, 156 shares declined, and 30 shares are unchanged.

Dr Reddy’s Lab, Vedanta, Cola India, ICICI Bank, IOC, Asian Paints, Wipro, Hero Moto, JSW Steel , Bharti Airtel, SBI are the major gainers on the indices in the morning trade, while on the other hand Infosys, Tata Motors, HUL and Tata Steel are trading lower.

All the sectoral indices are trading in green led by metal, pharma, energy, auto, infra, bank and IT.

Apr 16, 09:09 AM (IST)
Rupee Opens: The Indian rupee opened lower by 7 paise at 69.49 per dollar on Tuesday versus 69.42 yesterday.

source: moneycontrol.com

Categories:   Indian Stock exchange, Indian Stock Market, Indian Stock Pick

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