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Closing Bell: Last hour buying pushes Sensex in positive territory; Nifty above 10,900

At the close of market hours, the Sensex was up 77.01 points or 0.21% at 36347.08, and the Nifty up 20.30 points or 0.19% at 10908.70.

Dec 18, 03:34 PM (IST)
Market at Close: Sharp buying in last hour helped equity benchmarks end the session with gains of XX percent. The Nifty ended above 10,900.

Barring IT segment, all sectoral indices ended in the green. Major gainers included automobiles, banks, energy, metals and pharma, among others.

At the close of market hours, the Sensex was up 77.01 points or 0.21% at 36347.08, and the Nifty up 20.30 points or 0.19% at 10908.70. The market breadth was positive as 1416 shares advanced, against a decline of 1117 shares, while 160 shares were unchanged.

Sun Pharma, Vedanta, and Bajaj Finance gained the most, while Infosys, Wipro, ZEE and UPL were the top losers.

Dec 18, 03:06 PM (IST)
UPDATE | The chief of India’s capital market regulator on Tuesday expressed concerns about the slow pace of initial public offerings (IPOs) hitting the market despite approval for filings worth around 600 billion rupees ($8.43 billion).

However, Ajay Tyagi, the chairman of Securities and Exchange Board of India (SEBI), cautioned that pricing of IPOs should be done more carefully in volatile times.

CRUDE PRICE ALERT | Price of crude oil have dipped further and is hovering around USD 57.28 per barrel.

Dec 18, 02:41 PM (IST)
Market Update Equity benchmarks recovered sharply in the last hour, with the Nifty hitting 10,900-mark.

The Sensex is up 55.34 points or 0.15% at 36325.41, while the Nifty was up 14.50 points or 0.13% at 10902.90. The market breadth is narrow as 1247 shares advanced, against a decline of 1134 shares, while 144 shares were unchanged.

Sun Pharma, Power Grid, and Bajaj Finance were the top gainers, while Infosys, Yes Bank, Zee Entertainment and UPL lost the most.

Dec 18, 02:24 PM (IST)
Market Update: Benchmark indices are trading flat in the afternoon trade with Nifty above 10,850 level.

The Sensex is down 39.39 points at 36,230.68, while Nifty is down 11.40 points at 10877. About 1205 shares have advanced, 1163 shares declined, and 139 shares are unchanged.

source: moneycontrol.com

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