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MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Benchmark indices rose on Friday after rupee recovered from its a 16-month low against the dollar.

SI Reporter  |  New Delhi 

Benchmark indices rose on Friday after rupee recovered  from its a 16-month low against the dollar. The S&P BSE Sensex ended at 34,925, up 262 points, while the broader Nifty50 index settled at 10,605, up 91 points Among sectoral indices, the Nifty Metal index gained over 2% led by a rise in Hindalco, SAIL, JSPL and Tata Steel. The Nifty Auto index also rose over 1% led by Exide Industries and Tata Motors. In individual stocks, Tata Consultancy Services (TCS) , the country's biggest software services exporter, became the first Indian company. ...

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MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Top gainers in the Nifty Auto index COMPANY LATEST PREV CLOSE GAIN() GAIN(%) VOLUME EXIDE INDS. 257.35 243.35 14.00 5.75 1888498 TVS MOTOR CO. 565.10 542.55 22.55 4.16 1654489 BHARAT FORGE 666.20 642.50 23.70 3.69 1104923 MOTHERSON SUMI 312.45 301.60 10.85 3.60 5387805 APOLLO TYRES 282.00 272.60 9.40 3.45 1420758 EICHER MOTORS 30200.00 29515.40 684.60 2.32 31929

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Nifty Metal index gains over 2%: Top gainers in the pack COMPANY LATEST PREV CLOSE GAIN() GAIN(%) VOLUME HINDALCO INDS. 245.05 234.10 10.95 4.68 15143154 WELSPUN CORP 136.70 130.80 5.90 4.51 206370 S A I L 72.65 69.90 2.75 3.93 8792139 JSW STEEL 326.00 314.15 11.85 3.77 5182029 TATA STEEL 567.75 548.20 19.55 3.57 8886184 JINDAL STEEL 235.60 227.65 7.95 3.49 7281781

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Sectoral Trend

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Top Sensex gainers and losers

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Market at Close The S&P BSE Sensex ended at 34,925, up 262 points, while the broader Nifty50 index settled at 10,605, up 91 points

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Global Markets: Shares recover as North Korea's conciliatory stance calms nerves   Global shares were on the mend on Friday as Pyongyang’s measured response to US President Donald Trump’s announcement to call off a key summit with North Korea healed market sentiment, although investors remained cautious.   MSCI’s broadest index of Asia-Pacific shares outside Japan managed to eke out 0.1% gains, while South Korea’s Kospi pared much of its earlier loss of 0.9% to last trade down 0.2%. Japan’s Nikkei was up 0.1%. (With inputs from Reuters)  

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Volume Toppers COMPANY PRICE() CHG() CHG(%) VOLUME SUZLON ENERGY 9.10 0.04 0.44 17033321 REL. COMM. 14.35 0.20 1.41 8260940 IFCI 18.90 2.05 12.17 4348325 IDBI BANK 64.70 -2.50 -3.72 4063919 JP ASSOCIATES 15.85 0.20 1.28 3121064 » More on Most Active Volume

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Stocks at 52-week high COMPANY PRICE() 52 WK HIGH CHG() CHG(%) BAJAJ FINSERV 6047.40 6073.65 213.80 3.66 BERGER PAINTS 297.60 299.60 4.80 1.64 BRITANNIA INDS. 5825.55 5850.00 111.90 1.96 INFOSYS 1230.55 1248.00 8.70 0.71 JUBILANT FOOD. 2660.15 2694.50 9.65 0.36 » More on 52 Week High

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Gateway okays acquisition of Blackstone stake in arm; stock up 20%   Gateway Distriparks is locked in upper circuit of 20% at Rs 199 on the BSE after the company said its board approved the acquisition of entire shareholding held by Blackstone in Compulsorily Convertible Preference Shares (CCPS) and equity shares in Gateway Rail Freight for a total consideration of Rs 8.10 billion.   The acquisition of entire shareholding will take Gateway Distriparks holding in Gateway Rail Freight to 99.80%. READ MORE

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Europe Check European stocks are trading higher, as market participants' fears were calmed by North Korea's response to President Donald Trump's decision to cancel a landmark summit. The pan-European Stoxx 600 was up around 0.4%, with almost all sectors and major bourses in positive territory

MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

IFCI recovers Rs 2.8 bn from Bhushan Steel, allotted over 579,000 shares   Infrastructure lender IFCI has recovered Rs 2.80 billion and has been allotted over 579000 equity shares of debt-ridden Bhushan Steel (BSL), which has been acquired by Tata Steel, under the insolvency process.   "IFCI as one of the financial creditors to BSL had filed its claim with the resolution professional which was duly accepted. Under the resolution plan (RP) envisaging payment of Rs 352 billion to all the financial creditors, IFCI has since received its share of Rs 2.80 billion," IFCI said in a BSE filing. READ MORE

First Published: Fri, May 25 2018. 15:30 IST
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MARKET WRAP: Nifty gains 1%, ends above 10,600; auto, metal stocks gain

Benchmark indices rose on Friday after rupee recovered from its a 16-month low against the dollar.

Benchmark indices rose on Friday after rupee recovered  from its a 16-month low against the dollar. The S&P BSE Sensex ended at 34,925, up 262 points, while the broader Nifty50 index settled at 10,605, up 91 points Among sectoral indices, the Nifty Metal index gained over 2% led by a rise in Hindalco, SAIL, JSPL and Tata Steel. The Nifty Auto index also rose over 1% led by Exide Industries and Tata Motors. In individual stocks, Tata Consultancy Services (TCS) , the country's biggest software services exporter, became the first Indian company. ...

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