You are here: Home » Markets » News
Business Standard

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

All that happened in the markets today

Topics
Markets

SI Reporter  |  New Delhi 

Benchmark indices ended higher on Tuesday as a surprise cut in the government’s borrowing programme for the next fiscal year boosted sentiment, with lenders such as the State Bank of India among top gainers. The S&P BSE Sensex ended at 33,174, up 108 points while the broader Nifty50 index settled at 10,184, up 54 points. India plans to borrow Rs 2.88 trillion ($44.46 billion) in the first half of the 2018/19 financial year that begins in April, the government said on Monday, adding it will borrow Rs 500 billion less for the full year 2018/19. Indian ...

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
149.00  
subscribe
Complete access to the premium product
Convenient - Pay as you go
Pay using Master/Visa Credit Card & ICICI VISA Debit Card
Auto renewed (subject to your card issuer's permission)
Cancel any time in the future
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

NOTE :

  • The product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the email with the cancellation request to assist@bsmail.in. Include your contact number for speedy action. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART MONTHLY

Business Standard Digital

Business Standard Digital - 12 Months
1499.00
subscribe
Get 12 months of Business Standard digital access
Single Seamless Sign-up to Business Standard Digital
Convenient - Once a year payment
Pay using an instrument of your choice - Credit/Debit Cards, Net Banking, Payment Wallets accepted
Exclusive Invite to select Business Standard events

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.

NOTE :

  • This product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

Nifty PSU Bank ends 2.98% higher

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

BSE Sensex top gainers and losers of the day

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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.

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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.

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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.

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

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%

First Published: Tue, March 27 2018. 15:31 IST
RECOMMENDED FOR YOU

Sensex ends 108 pts higher, Nifty comfortably above 10,150; PSU banks gain

All that happened in the markets today

Benchmark indices ended higher on Tuesday as a surprise cut in the government’s borrowing programme for the next fiscal year boosted sentiment, with lenders such as the State Bank of India among top gainers. The S&P BSE Sensex ended at 33,174, up 108 points while the broader Nifty50 index settled at 10,184, up 54 points. India plans to borrow Rs 2.88 trillion ($44.46 billion) in the first half of the 2018/19 financial year that begins in April, the government said on Monday, adding it will borrow Rs 500 billion less for the full year 2018/19. Indian ...

image
Business Standard
177 22
.