Sun Pharma ends 6.55% up on NSE
Nifty IT index ends 1.92% lower. Top losers:
COMPANY
LATEST
PREV CLOSE
LOSS()
LOSS(%)
TECH MAHINDRA
675.25
702.75
-27.50
-3.91
HCL TECHNOLOGIES
894.50
916.00
-21.50
-2.35
TCS
3502.05
3585.80
-83.75
-2.34
TATA ELXSI
1208.30
1232.70
-24.40
-1.98
MINDTREE
1011.45
1023.60
-12.15
-1.19
Nifty sectoral performers
BSE Sensex: Sun Pharma gains 6.42% during the day, Power Grid, TCS among top losers
Market at close
The S&P BSE Sensex ended at 35,165, up 241 points while the broader Nifty50 index settled at 10,689, up 84 points.
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Benchmark
indices gained for a third straight session on Monday as a sharp drop in crude prices and a recovery in the
rupee boosted sentiment.
The S&P
BSE Sensex ended at 35,165, up 241 points while the broader Nifty50 index settled at 10,689, up 84 points
Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said they may increase supplies and as US production gains showed no signs of abating.
Among individual stocks,
shares of Sun Pharmaceutical Industries saw their best day in over three years, up over 6% on strong fourth-quarter results.
The
rupee firmed up against the dollar on Monday to its strongest level in two weeks.
Shares of information technology companies fell, on worries that a stronger
rupee could hit returns from the US market
Tata Consultancy Services fell 2.5% while Tech Mahindra
shares posted their biggest intraday drop since May 29, 2017.
Japan’s Nikkei gained 0.3 per cent in early trade, while South Korea’s Kospi rose 0.5 per cent, buoyed by
stocks which are seen as benefiting from a further thawing in tensions with Pyongyang. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat.
Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while US production gains show no signs of slowing.
Brent crude futures stood at $75.35 a barrel, down $1.09 from the previous close and after touching a three-week low of $74.49 earlier in the session.
(with Reuters inputs)
