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Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

All that happened in the markets today

SI Reporter  |  New Delhi 

Markets, Stocks, Shares
A share broker monitors market 

Nifty PSU Bank ends 2.98% higher Top 5 sectoral performers on BSE INDEX OPEN HIGH LOW LATEST PREVIOUS CLOSE CHG (PTS) CHG (%) S&P BSE IPO 4817.96 4919.06 4817.96 4909.05 4807.48 101.57 2.11 S&P BSE METAL 13523.08 13642.88 13454.11 13598.78 13374.05 224.73 1.68 S&P BSE PSU 7831.82 7918.40 7808.33 7900.89 7771.61 129.28 1.66 S&P BSE ENHANCED VALUE INDEX 325.07 328.43 323.69 327.07 322.04 5.03 1.56 S&P BSE 250 SMALLCAP INDEX 2600.86 2633.96 2600.82 2627.70 2588.63 39.07 1.51 BSE Sensex top gainers and losers of the day Market at close   The S&P BSE Sensex ended at 33,174, up 108 points while the broader Nifty50 index settled at 10,184, up 54 points. Gold recoups on positive global leads, jewellers' buying Gold prices bounced back by Rs 150 to Rs 31,950 per 10 grams at the bullion market on the back of positive global trend and fresh buying by local jewellers. Silver followed suit and recovered by Rs 250 to Rs 39,750 per kg due to increased offtake from industrial units and coin makers. READ MORE Nestle India hits record high of Rs 8,090, up 3.5%   Nestle India hit a new high of Rs 8,090, up 3.5% on the BSE on Tuesday, surpassed its previous high of Rs 8,001 recorded on December 14, 2017.   Since February 9, 2018, the stock of packaged foods company has outperformed the market by surging 16% after reported a healthy 59.5% year-on-year (YoY) growth in net profit at Rs 3,118 million in December 2017 quarter (Q4CY17). On comparison, the S&P BSE Sensex was down 2.3% during the same period. READ MORE

Benchmark indices ended higher on Tuesday as a surprise cut in the government’s borrowing programme for the next fiscal year boosted sentiment, with lenders such as the State Bank of India among top gainers.

The S&P BSE Sensex ended at 33,174, up 108 points while the broader Nifty50 index settled at 10,184, up 54 points.

India plans to borrow Rs 2.88 trillion ($44.46 billion) in the first half of the 2018/19 financial year that begins in April, the government said on Monday, adding it will borrow Rs 500 billion less for the full year 2018/19.

Indian government bonds also rose, posting their sharpest intraday gain in more than four years, with the 10-year bond yield dropping to as much as 7.3565 per cent from 7.62 per cent.

Meanwhile, reports of talks between the United States and China to renegotiate tariffs and trade imbalances eased trade war concerns, boosting global equities.

Asian shares rose, with MSCI’s broadest index of Asia-Pacific shares outside Japan rising 1 per cent.

Investors will also look forward to the fiscal deficit data to be released on Wednesday. Also, the expiry of the current month futures and options contracts are due on Wednesday and positions will be rolled over to next month.

 (with inputs from Reuters)

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First Published: Tue, March 27 2018. 15:31 IST

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Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

All that happened in the markets today

All that happened in the markets today
Benchmark indices ended higher on Tuesday as a surprise cut in the government’s borrowing programme for the next fiscal year boosted sentiment, with lenders such as the State Bank of India among top gainers.

The S&P BSE Sensex ended at 33,174, up 108 points while the broader Nifty50 index settled at 10,184, up 54 points.

India plans to borrow Rs 2.88 trillion ($44.46 billion) in the first half of the 2018/19 financial year that begins in April, the government said on Monday, adding it will borrow Rs 500 billion less for the full year 2018/19.

Indian government bonds also rose, posting their sharpest intraday gain in more than four years, with the 10-year bond yield dropping to as much as 7.3565 per cent from 7.62 per cent.

Meanwhile, reports of talks between the United States and China to renegotiate tariffs and trade imbalances eased trade war concerns, boosting global equities.

Asian shares rose, with MSCI’s broadest index of Asia-Pacific shares outside Japan rising 1 per cent.

Investors will also look forward to the fiscal deficit data to be released on Wednesday. Also, the expiry of the current month futures and options contracts are due on Wednesday and positions will be rolled over to next month.

 (with inputs from Reuters)

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Business Standard
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Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

All that happened in the markets today

Benchmark indices ended higher on Tuesday as a surprise cut in the government’s borrowing programme for the next fiscal year boosted sentiment, with lenders such as the State Bank of India among top gainers.

The S&P BSE Sensex ended at 33,174, up 108 points while the broader Nifty50 index settled at 10,184, up 54 points.

India plans to borrow Rs 2.88 trillion ($44.46 billion) in the first half of the 2018/19 financial year that begins in April, the government said on Monday, adding it will borrow Rs 500 billion less for the full year 2018/19.

Indian government bonds also rose, posting their sharpest intraday gain in more than four years, with the 10-year bond yield dropping to as much as 7.3565 per cent from 7.62 per cent.

Meanwhile, reports of talks between the United States and China to renegotiate tariffs and trade imbalances eased trade war concerns, boosting global equities.

Asian shares rose, with MSCI’s broadest index of Asia-Pacific shares outside Japan rising 1 per cent.

Investors will also look forward to the fiscal deficit data to be released on Wednesday. Also, the expiry of the current month futures and options contracts are due on Wednesday and positions will be rolled over to next month.

 (with inputs from Reuters)

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Business Standard
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