Nifty PSU Bank ends 2.98% higher
The S&P BSE Sensex ended at 33,174, up 108 points while the broader Nifty50 index settled at 10,184, up 54 points.
SI Reporter |
Nifty PSU Bank ends 2.98% higher
Top 5 sectoral performers on BSE INDEX OPEN HIGH LOW LATEST PREVIOUS CLOSE CHG (PTS) CHG (%) S&P BSE IPO 4817.96 4919.06 4817.96 4909.05 4807.48 101.57 2.11 S&P BSE METAL 13523.08 13642.88 13454.11 13598.78 13374.05 224.73 1.68 S&P BSE PSU 7831.82 7918.40 7808.33 7900.89 7771.61 129.28 1.66 S&P BSE ENHANCED VALUE INDEX 325.07 328.43 323.69 327.07 322.04 5.03 1.56 S&P BSE 250 SMALLCAP INDEX 2600.86 2633.96 2600.82 2627.70 2588.63 39.07 1.51
BSE Sensex top gainers and losers of the day
Market at close The S&P BSE Sensex ended at 33,174, up 108 points while the broader Nifty50 index settled at 10,184, up 54 points.
Gold recoups on positive global leads, jewellers' buying Gold prices bounced back by Rs 150 to Rs 31,950 per 10 grams at the bullion market on the back of positive global trend and fresh buying by local jewellers. Silver followed suit and recovered by Rs 250 to Rs 39,750 per kg due to increased offtake from industrial units and coin makers. READ MORE
Nestle India hits record high of Rs 8,090, up 3.5% Nestle India hit a new high of Rs 8,090, up 3.5% on the BSE on Tuesday, surpassed its previous high of Rs 8,001 recorded on December 14, 2017. Since February 9, 2018, the stock of packaged foods company has outperformed the market by surging 16% after reported a healthy 59.5% year-on-year (YoY) growth in net profit at Rs 3,118 million in December 2017 quarter (Q4CY17). On comparison, the S&P BSE Sensex was down 2.3% during the same period. READ MORE
GSK buys 36.5% stake in Novartis' consumer healthcare venture for $13 bn GlaxoSmithKline said on Tuesday it will buy Novartis's 36.5 per cent stake in their consumer healthcare joint venture for $13 billion in cash, and will also begin a strategic review of some other businesses. GSK last week quit the race to buy Pfizer's consumer healthcare business, endangering an auction the US drugmaker hoped would bring in as much as $20 billion. Instead it will take full control of the Novartis venture formed in 2015 whose products include Sensodyne toothpaste, Panadol headache tablets, muscle gel Voltaren, and Nicotinell patches used by smokers who want to quit their habit. READ MORE
Buzzing Stock United Spirits rose for a third straight session today quoting at Rs 3212, up 3.36% on the day on the NSE. United Spirits Ltd is up 46.85% in last one year as compared to a 11.85% gain in NIFTY and a 11.89% gain in the Nifty FMCG index.
Fortis Healthcare falls after clarification on merger report Fortis Healthcare has dipped 3.5% to Rs 142, falling 8% from intra-day high of Rs 154 on the BSE, after the company said that the merger of hospital chains of Fortis and Manipal is still under evaluation by the management and no firm decision in this regard has been taken by the board. READ MORE
Reliance Securities on Apollo Tyres BUY with Target Price of Rs 335 ATL currently enjoys ~28% market share in the TBR segment. As radialisation forms only 45% of domestic TB tyre market, we see a significant scope for radialisation in the domestic CV segment, which would benefit manufacturers like ATL, going forward. Further, steady stabilisation in Hungarian operations and gradual increase in contribution from OEM segment are likely to aid profitability further.
Market Check S&P BSE Sensex 33,217.41 0.46% Nifty 50 10,188.50 0.57% S&P BSE 200 4,463.61 0.73% Nifty 500 8,982.35 0.76% S&P BSE Mid-Cap 16,071.26 1.20% S&P BSE Small-Cap 17,163.01 1.42%