The sharemarket is seeing volatile swings as the Sensex is up 252.42 points or 1.05 percent at 24374.16. The Nifty is up 67.95 points or 0.94 percent at 7270.95.
About 1836 shares have advanced, 748 shares declined, and 111 shares are unchanged. Coal India, ONGC, Tata Power, NTPC and GAIL are top gainers in the Sensex.Among the losers are IT and pharma stocks as rupee gains. TCS, Sun Pharma, Infosys and Wipro are major losers in the Sensex.
The rupee is at 11-month high against the US dollar on positive market sentiment. However, likely dollar buys by RBI may limit gains. Meanwhile, Japan’s Nikkei share average dropped, extending losses from Friday as a stronger yen made investors risk averse, while sentiment was also hurt by weak China shares on concerns about slower growth in the world’s second-biggest economy.
The Nikkei ended 0.6 percent lower at 14,006.44. The broader Topix declined 0.8 percent to 1,150.07, while the new JPX-Nikkei Index 400 slipped 0.7 percent to 10,491.39.
The market is seeing volatile swings as the Sensex is up 252.42 points or 1.05 percent at 24374.16. The Nifty is up 67.95 points or 0.94 percent at 7270.95.
About 1836 shares have advanced, 748 shares declined, and 111 shares are unchanged. Coal India, ONGC, Tata Power, NTPC and GAIL are top gainers in the Sensex.
Among the losers are IT and pharma stocks as rupee gains. TCS, Sun Pharma, Infosys and Wipro are major losers in the Sensex.
The rupee is at 11-month high against the US dollar on positive market sentiment. However, likely dollar buys by RBI may limit gains. Meanwhile, Japan’s Nikkei share average dropped, extending losses from Friday as a stronger yen made investors risk averse, while sentiment was also hurt by weak China shares on concerns about slower growth in the world’s second-biggest economy.
The Nikkei ended 0.6 percent lower at 14,006.44. The broader Topix declined 0.8 percent to 1,150.07, while the new JPX-Nikkei Index 400 slipped 0.7 percent to 10,491.39.
The market is seeing volatile swings as the Sensex is up 252.42 points or 1.05 percent at 24374.16. The Nifty is up 67.95 points or 0.94 percent at 7270.95. About 1836 shares have advanced, 748 shares declined, and 111 shares are unchanged. Coal India, ONGC, Tata Power, NTPC and GAIL are top gainers in the Sensex. Among the losers are IT and pharma stocks as rupee gains. TCS, Sun Pharma, Infosys and Wipro are major losers in the Sensex. The rupee is at 11-month high against the US dollar on positive market sentiment. However, likely dollar buys by RBI may limit gains. Meanwhile, Japan’s Nikkei share average dropped, extending losses from Friday as a stronger yen made investors risk averse, while sentiment was also hurt by weak China shares on concerns about slower growth in the world’s second-biggest economy. The Nikkei ended 0.6 percent lower at 14,006.44. The broader Topix declined 0.8 percent to 1,150.07, while the new JPX-Nikkei Index 400 slipped 0.7 percent to 10,491.39.
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-surges-over-200-pts-coal-india12-tcs-falls-6_1088683.html?utm_source=ref_article
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Sensex surges over 200 pts; Coal India up 12%, TCS falls 6%
About 1836 shares have advanced, 748 shares declined, and 111 shares are unchanged. Coal India, ONGC, Tata Power, NTPC and GAIL are top gainers in the Sensex.Among the losers are IT and pharma stocks as rupee gains. TCS, Sun Pharma, Infosys and Wipro are major losers in the Sensex.
The rupee is at 11-month high against the US dollar on positive market sentiment. However, likely dollar buys by RBI may limit gains. Meanwhile, Japan’s Nikkei share average dropped, extending losses from Friday as a stronger yen made investors risk averse, while sentiment was also hurt by weak China shares on concerns about slower growth in the world’s second-biggest economy.
The Nikkei ended 0.6 percent lower at 14,006.44. The broader Topix declined 0.8 percent to 1,150.07, while the new JPX-Nikkei Index 400 slipped 0.7 percent to 10,491.39.
The market is seeing volatile swings as the Sensex is up 252.42 points or 1.05 percent at 24374.16. The Nifty is up 67.95 points or 0.94 percent at 7270.95.
About 1836 shares have advanced, 748 shares declined, and 111 shares are unchanged. Coal India, ONGC, Tata Power, NTPC and GAIL are top gainers in the Sensex.
Among the losers are IT and pharma stocks as rupee gains. TCS, Sun Pharma, Infosys and Wipro are major losers in the Sensex.
The rupee is at 11-month high against the US dollar on positive market sentiment. However, likely dollar buys by RBI may limit gains. Meanwhile, Japan’s Nikkei share average dropped, extending losses from Friday as a stronger yen made investors risk averse, while sentiment was also hurt by weak China shares on concerns about slower growth in the world’s second-biggest economy.
The Nikkei ended 0.6 percent lower at 14,006.44. The broader Topix declined 0.8 percent to 1,150.07, while the new JPX-Nikkei Index 400 slipped 0.7 percent to 10,491.39.
The market is seeing volatile swings as the Sensex is up 252.42 points or 1.05 percent at 24374.16. The Nifty is up 67.95 points or 0.94 percent at 7270.95. About 1836 shares have advanced, 748 shares declined, and 111 shares are unchanged. Coal India, ONGC, Tata Power, NTPC and GAIL are top gainers in the Sensex. Among the losers are IT and pharma stocks as rupee gains. TCS, Sun Pharma, Infosys and Wipro are major losers in the Sensex. The rupee is at 11-month high against the US dollar on positive market sentiment. However, likely dollar buys by RBI may limit gains. Meanwhile, Japan’s Nikkei share average dropped, extending losses from Friday as a stronger yen made investors risk averse, while sentiment was also hurt by weak China shares on concerns about slower growth in the world’s second-biggest economy. The Nikkei ended 0.6 percent lower at 14,006.44. The broader Topix declined 0.8 percent to 1,150.07, while the new JPX-Nikkei Index 400 slipped 0.7 percent to 10,491.39.
Read more at: http://www.moneycontrol.com/news/local-markets/sensex-surges-over-200-pts-coal-india12-tcs-falls-6_1088683.html?utm_source=ref_article
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