Monday, 15 October, 2018

Sensex up 130 points in late morning deals

Sensex today Bharti Airtel Infosys top gainers index jumps over 100 points Sensex today Bharti Airtel Infosys top gainers index jumps over 100 points
Cristina Norman | 09 May, 2018, 01:01

Shares of Deccan Gold Mines (up 13.82 per cent), Himadri Speciality Chemical (up 12.70 per cent), Aksh Optifibre (up 9.94 per cent), Arcotech (up 8.47 per cent) and GVK Power & Infrastructure (up 6.05 per cent) were the top gainers in the smallcap index.

The sensex registered intra day high and low at 35,061.56 and 34,977.14 points respectvely.

Global crude oil prices hovered above the $75 per barrel mark on uncertainties over the United States re-imposing sanctions on Iran, fanning fears of a supply disruption.

The NSE Nifty, after hitting a high of 10,758.55, closed at 10,717.80, up just 2.30 points, or 0.02 percent. However, profit-booking by investors ahead of Karnataka elections this week trimmed the gains, with the gauge sinking to the day's low of 35,136.01. Consumer durables and pharma stocks also rose.

The 30 share index gained 180.73 points (0.51 percent) to 35388.87. The major losers were Mahindra and Mahindra, Larsen and Toubro and Infosys.

In the domestic market, on Friday, investors bought shares worth a net Rs 1,084.09 crore, while foreign portfolio investors sold shares worth Rs 1,628.23 crore, according to provisional data.

Asian shares ended mixed despite the strong closing on Wall Street as investors digested last week's trade talks and U.S. jobs numbers.

In the broader market, the BSE Midcap and the BSE Smallcap gained 0.1 per cent each.

Besides, investors were concerned over a further rise in global crude oil prices as a result of U.S. moving away from the 2015 Iran Nuclear Deal.

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