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MARKETS ON TUESDAY: Sensex, Nifty end marginally higher; realty stocks gain

The domestic indices ended higher on Tuesday, led by gains in FMCG and realty indices.

SI Reporter  |  New Delhi 

Markets, Stocks, BSE, NSE, Trade
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The domestic ended marginally  higher on Tuesday, led by gains in FMCG and realty

The S&P ended at 34,395, up 90 points while the broader Nifty50 index settled at 10,549, up 20 points.


Among sectoral indices, the Realty index was over 1% higher led by a rise in the of Godrej Properties and Indiabulls Real Estate.

That apart, investor sentiments were positive during the day following the forecast of a normal this year by the India Meteorological Department (IMD).

Releasing its first forecast for the southwest monsoon, the IMD said rainfall in June-September was projected at 97 per cent of the long period average (LPA), with a model error of plus and minus 5 per cent. If rains lift farm output, it can boost demand for consumer goods as it raises incomes of rural people.

Asia rose modestly on Tuesday following data showing China's economy grew a little faster than expected in the first quarter.

MSCI's broadest index of Asia-Pacific outside Japan edged up 0.05 per cent. South Korea's KOSPI dipped 0.1 per cent and Hong Kong's Hang Seng gained 0.15 per cent. Shanghai rose 0.15 per cent and Japan's Nikkei was flat.

(with Reuters inputs)

First Published: Tue, April 17 2018. 15:30 IST
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MARKETS ON TUESDAY: Sensex, Nifty end marginally higher; realty stocks gain

The domestic indices ended higher on Tuesday, led by gains in FMCG and realty indices.

The domestic indices ended higher on Tuesday, led by gains in FMCG and realty indices. The domestic ended marginally  higher on Tuesday, led by gains in FMCG and realty

The S&P ended at 34,395, up 90 points while the broader Nifty50 index settled at 10,549, up 20 points.

Among sectoral indices, the Realty index was over 1% higher led by a rise in the of Godrej Properties and Indiabulls Real Estate.

That apart, investor sentiments were positive during the day following the forecast of a normal this year by the India Meteorological Department (IMD).

Releasing its first forecast for the southwest monsoon, the IMD said rainfall in June-September was projected at 97 per cent of the long period average (LPA), with a model error of plus and minus 5 per cent. If rains lift farm output, it can boost demand for consumer goods as it raises incomes of rural people.

Asia rose modestly on Tuesday following data showing China's economy grew a little faster than expected in the first quarter.

MSCI's broadest index of Asia-Pacific outside Japan edged up 0.05 per cent. South Korea's KOSPI dipped 0.1 per cent and Hong Kong's Hang Seng gained 0.15 per cent. Shanghai rose 0.15 per cent and Japan's Nikkei was flat.

(with Reuters inputs)
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Business Standard
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MARKETS ON TUESDAY: Sensex, Nifty end marginally higher; realty stocks gain

The domestic indices ended higher on Tuesday, led by gains in FMCG and realty indices.

The domestic ended marginally  higher on Tuesday, led by gains in FMCG and realty

The S&P ended at 34,395, up 90 points while the broader Nifty50 index settled at 10,549, up 20 points.

Among sectoral indices, the Realty index was over 1% higher led by a rise in the of Godrej Properties and Indiabulls Real Estate.

That apart, investor sentiments were positive during the day following the forecast of a normal this year by the India Meteorological Department (IMD).

Releasing its first forecast for the southwest monsoon, the IMD said rainfall in June-September was projected at 97 per cent of the long period average (LPA), with a model error of plus and minus 5 per cent. If rains lift farm output, it can boost demand for consumer goods as it raises incomes of rural people.


Asia rose modestly on Tuesday following data showing China's economy grew a little faster than expected in the first quarter.

MSCI's broadest index of Asia-Pacific outside Japan edged up 0.05 per cent. South Korea's KOSPI dipped 0.1 per cent and Hong Kong's Hang Seng gained 0.15 per cent. Shanghai rose 0.15 per cent and Japan's Nikkei was flat.

(with Reuters inputs)

image
Business Standard
177 22