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Indices end at record high: Sensex up 286 pts, Nifty ends above 10950

All that happened in the markets today

SI Reporter  |  New Delhi 

MARKETS LIVE: Nifty, Sensex, US Government shutdown, RIL, Asian Stocks,
Benchmark indices ended at all-time closing highs on Monday as Reliance Industries rallied after posting a record quarterly profit, while Oil and Natural Gas gained after saying it would buy a majority stake in Hindustan Petroleum Corp.

ONGC shares jumped as much as 6.3% to their highest in nearly a year after the explorer said it would buy a majority stake in state-run refiner HPCL for $5.8 billion, with analysts saying the premium paid was smaller than expected.

Meanwhile, Reliance gained as much as 2.5% after the company posted a record net profit in the third quarter after its telecoms business, Jio, turned in a profit for the first time.

Indian shares have been on a record-setting run, bolstered by a string of positive corporate results and recent government measures, including a cut in the goods and services tax for certain sectors.

IT shares gain: TCS up 4% Nifty Bank ends at record high Sectoral Trend Sensex top gainers and losers Markets at Close   Benchmark indices ended at all-time highs on Monday as Reliance Industries rallied after posting a record quarterly profit, while Oil and Natural Gas gained after saying it would buy a majority stake in Hindustan Petroleum Corp.   The S&P BSE Sensex ended at 35,798, up 286 points while the broader Nifty50 index settled at 10,966, up 71 points Axis Bank hits 52-week high post Q3 results   Axis Bank has moved higher to its 52-week high of Rs 621, up 5% on BSE in afternoon deal, after the bank reported improved assets quality in October-December 2017 quarter (Q3FY18) sequentially.   “The Bank’s gross non-performing assets ratio (NNPA) reduced quarter on quarter (QOQ) from 5.90% to 5.28% and net NPA from 3.12% to 2.56%,” Axis Bank said in a statement. READ MORE  

Energy companies were among the top gainers, with the energy index climbing as much as 1.9%, its second straight session of gains..

First Published: Mon, January 22 2018. 15:30 IST
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Indices end at record high: Sensex up 286 pts, Nifty ends above 10950

All that happened in the markets today

All that happened in the markets today
Energy companies were among the top gainers, with the energy index climbing as much as 1.9%, its second straight session of gains..
image
Business Standard
177 22

Indices end at record high: Sensex up 286 pts, Nifty ends above 10950

All that happened in the markets today

Energy companies were among the top gainers, with the energy index climbing as much as 1.9%, its second straight session of gains..

image
Business Standard
177 22