Nifty Metal index climbs 1.68%. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) WELSPUN CORP 150.00 140.25 9.75 6.95 JINDAL STEEL 255.75 240.65 15.10 6.27 S A I L 74.95 72.35 2.60 3.59 JSW STEEL 326.70 317.40 9.30 2.93 HINDALCO INDS. 237.80 231.35 6.45 2.79 Nifty PSU Bank index ends 2.18% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) INDIAN BANK 321.35 310.00 11.35 3.66 BANK OF BARODA 143.55 139.90 3.65 2.61 CANARA BANK 262.05 255.60 6.45 2.52 PUNJAB NATL.BANK 93.65 91.55 2.10 2.29 ALLAHABAD BANK 48.30 47.25 1.05 2.22 Sectoral gainers and losers of the day BSE Sensex: M&M, ICICI Bank top gainers of the day, Coal India top loser Market at close The S&P BSE Sensex ended at 35,208, up 293 points while the broader Nifty50 index settled at 10,715, up 97 points. Suven Life up 6% as Pashamylaram's unit completes USFDA inspection Suven Life Sciences has moved higher by 6% to Rs 192 on the BSE in noon deal after the company’s Pashamylaram’s unit successfully completed the United States Food and Drug Administration (USFDA) inspection. So far Suven Life Sciences has filed 19 DMF’s (Drug Master File) and 5 ANDA’s (Abbreviated New Drug Application) from this facility which is FDA complaint under Current Good Manufacturing Processes (cGMP) and continued after renewal inspection. READ MORE
The S&P BSE Sensex ended at 35,208, up 293 points while the broader Nifty50 index settled at 10,715, up 97 points.
Among sectoral indices, the Nifty Metal index was up 1.5 per cent led by a rise in shares of Welspun Corp and Jindal Steel & Power. The Nifty Realty index also rose over one per cent, led by gains in Godrej Properties and DLF.
Asian shares crept higher on Monday after a tame reading on US wages lowered the risk of faster rate hikes by the Federal Reserve, although Sino-US trade tensions and a looming deadline for the Iranian nuclear deal argued for caution.
The week ahead also has important readings on the health of the Chinese economy, and hence global demand, as well as the latest data on US consumer price inflation.