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Auto, realty stocks gain

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Key benchmark indices extended gains and hit fresh intraday high in morning trade. At 10:18 IST, the barometer index, the S&P Sensex, was up 176.13 points or 0.67% at 26,526.30. The 50 index was currently up 51.80 points or 0.64% at 8,178.70. Gains were led by index heavyweights and Industries (RIL).

Overseas, most Asian stocks fell ahead of key global events set to take place this week, including a meeting tomorrow, 30 November 2016 between the world's largest oil producers and the release of the US nonfarm payroll report on Friday, 2 December 2016. US stocks declined yesterday, 28 November 2016 for their worst performance in nearly a month, weighed down by a pullback in the financial and consumer discretionary sectors as some investors booked profits on the heels of a record-setting week.

Closer home, the broad market depicted strength. There were more than three gainers against every loser on 1,475 shares rose and 418 shares declined. A total of 85 shares were unchanged. The Mid-Cap index was currently up 0.89%. The Small-Cap index was currently up 1.03%. Both these indices outperformed the

Index heavyweight and housing finance major advanced 2.86% to Rs 1,282.95. The stock hit high of Rs 1,283 and low of Rs 1,244 so far during the day.

Index heavyweight Industries (RIL) rose 1.54% to Rs 1,001.65. The stock hit high of Rs 1,001.90 and low of Rs 987.10 so far during the day.

Auto stocks gained on renewed buying. Maruti Suzuki India (up 2.26%), Mahindra & Mahindra (M&M) (up 1.56%), Eicher Motors (up 3.39%), Ashok Leyland (up 2.79%), (up 0.4%), Hero MotoCorp (up 0.15%), Tata Motors (up 0.14%) and TVS Motor Company (up 0.92%) rose.

Realty stocks advanced. DLF (up 2.26%), Indiabulls Real Estate (up 1.31%), Housing Development and Infrastructure (up 3.22%), D B Realty (up 1.76%), Unitech (up 1.63%), Sobha (up 1.12%), Godrej Properties (up 0.44%), Oberoi Realty (up 1.3%) and Parsvnath Developers (up 0.56%) rose. Prestige Estates Projects shed 0.39%.

Timken India rose 3.98% after net profit rose 41.11% to Rs 29.86 crore on 7.27% rise in net total income from operations to Rs 296.75 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 28 November 2016.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Auto, realty stocks gain

Key benchmark indices extended gains and hit fresh intraday high in morning trade. At 10:18 IST, the barometer index, the S&P BSE Sensex, was up 176.13 points or 0.67% at 26,526.30. The Nifty 50 index was currently up 51.80 points or 0.64% at 8,178.70. Gains were led by index heavyweights HDFC and Reliance Industries (RIL).

Key benchmark indices extended gains and hit fresh intraday high in morning trade. At 10:18 IST, the barometer index, the S&P Sensex, was up 176.13 points or 0.67% at 26,526.30. The 50 index was currently up 51.80 points or 0.64% at 8,178.70. Gains were led by index heavyweights and Industries (RIL).

Overseas, most Asian stocks fell ahead of key global events set to take place this week, including a meeting tomorrow, 30 November 2016 between the world's largest oil producers and the release of the US nonfarm payroll report on Friday, 2 December 2016. US stocks declined yesterday, 28 November 2016 for their worst performance in nearly a month, weighed down by a pullback in the financial and consumer discretionary sectors as some investors booked profits on the heels of a record-setting week.

Closer home, the broad market depicted strength. There were more than three gainers against every loser on 1,475 shares rose and 418 shares declined. A total of 85 shares were unchanged. The Mid-Cap index was currently up 0.89%. The Small-Cap index was currently up 1.03%. Both these indices outperformed the

Index heavyweight and housing finance major advanced 2.86% to Rs 1,282.95. The stock hit high of Rs 1,283 and low of Rs 1,244 so far during the day.

Index heavyweight Industries (RIL) rose 1.54% to Rs 1,001.65. The stock hit high of Rs 1,001.90 and low of Rs 987.10 so far during the day.

Auto stocks gained on renewed buying. Maruti Suzuki India (up 2.26%), Mahindra & Mahindra (M&M) (up 1.56%), Eicher Motors (up 3.39%), Ashok Leyland (up 2.79%), (up 0.4%), Hero MotoCorp (up 0.15%), Tata Motors (up 0.14%) and TVS Motor Company (up 0.92%) rose.

Realty stocks advanced. DLF (up 2.26%), Indiabulls Real Estate (up 1.31%), Housing Development and Infrastructure (up 3.22%), D B Realty (up 1.76%), Unitech (up 1.63%), Sobha (up 1.12%), Godrej Properties (up 0.44%), Oberoi Realty (up 1.3%) and Parsvnath Developers (up 0.56%) rose. Prestige Estates Projects shed 0.39%.

Timken India rose 3.98% after net profit rose 41.11% to Rs 29.86 crore on 7.27% rise in net total income from operations to Rs 296.75 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 28 November 2016.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
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Auto, realty stocks gain

Key benchmark indices extended gains and hit fresh intraday high in morning trade. At 10:18 IST, the barometer index, the S&P Sensex, was up 176.13 points or 0.67% at 26,526.30. The 50 index was currently up 51.80 points or 0.64% at 8,178.70. Gains were led by index heavyweights and Industries (RIL).

Overseas, most Asian stocks fell ahead of key global events set to take place this week, including a meeting tomorrow, 30 November 2016 between the world's largest oil producers and the release of the US nonfarm payroll report on Friday, 2 December 2016. US stocks declined yesterday, 28 November 2016 for their worst performance in nearly a month, weighed down by a pullback in the financial and consumer discretionary sectors as some investors booked profits on the heels of a record-setting week.

Closer home, the broad market depicted strength. There were more than three gainers against every loser on 1,475 shares rose and 418 shares declined. A total of 85 shares were unchanged. The Mid-Cap index was currently up 0.89%. The Small-Cap index was currently up 1.03%. Both these indices outperformed the

Index heavyweight and housing finance major advanced 2.86% to Rs 1,282.95. The stock hit high of Rs 1,283 and low of Rs 1,244 so far during the day.

Index heavyweight Industries (RIL) rose 1.54% to Rs 1,001.65. The stock hit high of Rs 1,001.90 and low of Rs 987.10 so far during the day.

Auto stocks gained on renewed buying. Maruti Suzuki India (up 2.26%), Mahindra & Mahindra (M&M) (up 1.56%), Eicher Motors (up 3.39%), Ashok Leyland (up 2.79%), (up 0.4%), Hero MotoCorp (up 0.15%), Tata Motors (up 0.14%) and TVS Motor Company (up 0.92%) rose.

Realty stocks advanced. DLF (up 2.26%), Indiabulls Real Estate (up 1.31%), Housing Development and Infrastructure (up 3.22%), D B Realty (up 1.76%), Unitech (up 1.63%), Sobha (up 1.12%), Godrej Properties (up 0.44%), Oberoi Realty (up 1.3%) and Parsvnath Developers (up 0.56%) rose. Prestige Estates Projects shed 0.39%.

Timken India rose 3.98% after net profit rose 41.11% to Rs 29.86 crore on 7.27% rise in net total income from operations to Rs 296.75 crore in Q2 September 2016 over Q2 September 2015. The result was announced after market hours yesterday, 28 November 2016.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22