The market extended gains led by banking & financials, FMCG, telecom, capital goods and technology stocks. The Sensex climbed 246.48 points or 0.90 percent to 27705.12 and the Nifty jumped 67.70 points or 0.81 percent to 8409.10.
Shares of HDFC, ITC, L&T, SBI, Axis Bank, M&M, HUL, Cipla, Wipro, NTPC, Tata Steel, Sesa Sterlite and BHEL were prominent gainers in trade, up 1-2 percent. ICICI Bank, HDFC Bank, Infosys and Sun Pharma advanced over half a percent.
The spot rupee started the week on a negative note, at 62.58 - down 17 paise against the US dollar.On Friday, the Indian rupee jumped 25 paise to end at 62.41.Now, the domestic currency has declined 15 paise at 62.56.
Meanwhile, the rupee April contract opened marginally lower by 4 paise at 63. Now, the currency contract has rebounded, up 4 paise at 62.92.
CapitalStars Financial
Research Private Limited is an advisory company incepted with a vision of
providing fair and accurate trading and investment calls in share and commodity
market. CapitalStars also
aveliable on linkedin and facebook.
Get Free Share Market Tips, MCX Tips Free Trial, NCDEX Tips, Commodity Tips, Nifty Futures Tips with profitable calls and tips.
0 comments:
Post a Comment