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MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Among sectoral indices, the Nifty Metal index settled 2.8% higher led by a surge in the shares of Jindal Steel & Power, NMDC and Hindalco Industries.

SI Reporter  |  New Delhi 

The benchmark indices settled over 1% higher on Friday after the rupee recovered from its all-time low and Asian peers staged a pullback. The S&P BSE Sensex ended at 35,423, up 386 points while the broader Nifty50 index settled at 10,714, up 125 points. Among sectoral indices, the Nifty Metal index settled 2.8% higher led by a surge in the shares of Jindal Steel & Power, NMDC and Hindalco Industries. The Nifty PSU Bank index also rose 1.35% led by IDBI Bank, Oriental Bank of Commerce and Syndicate Bank. On the BSE, the S&P BSE Midcap index rose 1.8% higher on ...

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MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Nifty Metal index ended 2.8% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) JINDAL STEEL 223.05 209.90 13.15 6.26 NMDC 108.10 103.35 4.75 4.60 HINDALCO INDS. 230.50 221.05 9.45 4.28 NATL. ALUMINIUM 64.70 62.05 2.65 4.27 WELSPUN CORP 118.40 113.80 4.60 4.04

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Nifty sectoral performers of the day

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

BSE Sensex: Tata Steel, RIL among top gainers of the day

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Market at close   The S&P BSE Sensex ended at 35,423, up 386 points while the broader Nifty50 index settled at 10,714, up 125 points.

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

IDBI Bank gains 12% ahead of Irdai meeting IDBI Bank has rallied 12% to Rs 55.85 on the BSE on the back of heavy volumes ahead of the Insurance Regulatory and Development Authority of India (Irdai) meeting today to consider Life Insurance Corporation’s (LIC’s) proposal to pick up a substantial stake in the bank. READ MORE

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

India's spice export grows by record 8% to 1 million tonnes in 2017-18 India exported a record 10,28,060 tonnes of spices and spice products in 2017-18 as against 9,47,970 tonnes in 2016-17, an increase of almost 8 per cent. In dollar terms, exports of spices were pegged at $2,781.46 million, notching an increase of five per cent as compared to 2016-17. READ MORE

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Top gainers in BSE500: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) JINDAL SAW 79.30 70.65 8.65 12.24 EID PARRY 237.00 214.65 22.35 10.41 IDBI BANK 54.95 49.90 5.05 10.12 EIH 170.00 156.15 13.85 8.87 HIND.CONSTRUCT. 11.75 10.87 0.88 8.10

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Ultratech Cement rises after commissioning clinker plant Ultratech Cement rose 0.45% to Rs 3759.70 on BSE after the company said it commissioned the second unit of 1.75 mtpa cement grinding capacity at Dhar in Madhya Pradesh. The announcement was made during trading hours today, 29 June 2018. READ MORE

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Making ethanol under new method could solve India's sugar surplus problem The Centre on Monday not only raised the price of ethanol produced from C-heavy or C-grade molasses but it also fixed a price for ethanol produced from B-heavy molasses and sugarcane juice for the first time, something which has been a rarity in India until now. READ MORE

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Market Check Index Current Pt. Change % Change   S&P BSE SENSEX 35,363.96 +326.32 +0.93   S&P BSE SENSEX 50 11,201.32 +103.41 +0.93   S&P BSE SENSEX Next 50 31,800.75 +438.53 +1.40   S&P BSE 100 10,961.40 +108.55 +1.00   S&P BSE Bharat 22 Index 3,316.28 +61.03 +1.87 (Source:BSE)

MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Gold gains as dollar dips, but set for worst month since November 2016 Gold prices rose on Friday after hitting a more than six-month low in the previous session as the dollar retreated from recent highs amid a rising euro, but the yellow metal looked set to post its sharpest monthly fall in 19 months.   Spot gold was 0.3 per cent higher at $1,250.98 an ounce. On Thursday, it touched $1,245.32, its lowest since Dec. 13, 2017. READ MORE

First Published: Fri, June 29 2018. 08:15 IST
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MARKET WRAP: Sensex rises 386 pts as rupee recovers; Tata Steel, RIL up 3%

Among sectoral indices, the Nifty Metal index settled 2.8% higher led by a surge in the shares of Jindal Steel & Power, NMDC and Hindalco Industries.

The benchmark indices settled over 1% higher on Friday after the rupee recovered from its all-time low and Asian peers staged a pullback. The S&P BSE Sensex ended at 35,423, up 386 points while the broader Nifty50 index settled at 10,714, up 125 points. Among sectoral indices, the Nifty Metal index settled 2.8% higher led by a surge in the shares of Jindal Steel & Power, NMDC and Hindalco Industries. The Nifty PSU Bank index also rose 1.35% led by IDBI Bank, Oriental Bank of Commerce and Syndicate Bank. On the BSE, the S&P BSE Midcap index rose 1.8% higher on ...

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