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Indices end nearly 1% higher, Nifty at 10,583; realty, auto stocks surge

All that happened in the market today.

SI Reporter  |  New Delhi 

Markets, Stocks, BSE, NSE, Trade
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Market rundown by Nikhil Kamath, Co-Founder and Head of Trading, Zerodha "Markets opened the day higher for the session on the back of positive global cues and an upbeat global outlook.The American indices closed higher by over a percent on Friday, and we seemed to follow them to open higher in trade on Monday.   IT and Pharma took a break from having rallied over the past few sessions and were weak in trade today, Auto and banks outperformed and held up for the session." Second highest sectoral gainer: Nifty Auto Top sectoral gainer: Nifty Realty Sectoral Trend Sensex top losers and gainers Market at close   The S&P BSE Sensex ended at 34,446, up 304 points while the broader Nifty50 index settled at 10,583, up 92 points.

The domestic indices ended nearly 1% higher on Monday taking cues from its Asian counterparts.

The S&P ended at 34,446, up 304 points while the broader Nifty50 index settled at 10,583, up 92 points.

Among sectoral indices, the Realty index surged over 3% on Monday led by a rise in of Oberoi Realty and Prestige Estates Projects and Auto index ended over 2% higher led by Maruti Suzuki India and Tata Motors.

Later this week, the market participants will look forward to key economic data such as Nikkei Markit Manufacturing Purchasing Managers Index (PMI), Fiscal Deficit and Gross Domestic Product (GDP).

In the global markets, Asian made guarded gains on Monday as investors braced for an event-packed week headlined by US inflation data and the first House testimony by the new head of the Federal Reserve.
 
MSCI’s broadest index of Asia-Pacific outside Japan crept up 0.6 per cent, with most bourses in the green.

Japan’s Nikkei led with an increase of 1.3 per cent, while Chinese blue chips added 0.7 per cent.
 
The gains followed Wall Street, where the Dow ended Friday up by 1.39 per cent, while the S&P 500 gained 1.60 per cent and the Nasdaq 1.77 per cent.

(with Reuters inputs)

First Published: Mon, February 26 2018. 15:30 IST
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Indices end nearly 1% higher, Nifty at 10,583; realty, auto stocks surge

All that happened in the market today.

All that happened in the market today.
The domestic indices ended nearly 1% higher on Monday taking cues from its Asian counterparts.

The S&P ended at 34,446, up 304 points while the broader Nifty50 index settled at 10,583, up 92 points.

Among sectoral indices, the Realty index surged over 3% on Monday led by a rise in of Oberoi Realty and Prestige Estates Projects and Auto index ended over 2% higher led by Maruti Suzuki India and Tata Motors.

Later this week, the market participants will look forward to key economic data such as Nikkei Markit Manufacturing Purchasing Managers Index (PMI), Fiscal Deficit and Gross Domestic Product (GDP).

In the global markets, Asian made guarded gains on Monday as investors braced for an event-packed week headlined by US inflation data and the first House testimony by the new head of the Federal Reserve.
 
MSCI’s broadest index of Asia-Pacific outside Japan crept up 0.6 per cent, with most bourses in the green.

Japan’s Nikkei led with an increase of 1.3 per cent, while Chinese blue chips added 0.7 per cent.
 
The gains followed Wall Street, where the Dow ended Friday up by 1.39 per cent, while the S&P 500 gained 1.60 per cent and the Nasdaq 1.77 per cent.

(with Reuters inputs)
image
Business Standard
177 22

Indices end nearly 1% higher, Nifty at 10,583; realty, auto stocks surge

All that happened in the market today.

The domestic indices ended nearly 1% higher on Monday taking cues from its Asian counterparts.

The S&P ended at 34,446, up 304 points while the broader Nifty50 index settled at 10,583, up 92 points.

Among sectoral indices, the Realty index surged over 3% on Monday led by a rise in of Oberoi Realty and Prestige Estates Projects and Auto index ended over 2% higher led by Maruti Suzuki India and Tata Motors.

Later this week, the market participants will look forward to key economic data such as Nikkei Markit Manufacturing Purchasing Managers Index (PMI), Fiscal Deficit and Gross Domestic Product (GDP).

In the global markets, Asian made guarded gains on Monday as investors braced for an event-packed week headlined by US inflation data and the first House testimony by the new head of the Federal Reserve.
 
MSCI’s broadest index of Asia-Pacific outside Japan crept up 0.6 per cent, with most bourses in the green.

Japan’s Nikkei led with an increase of 1.3 per cent, while Chinese blue chips added 0.7 per cent.
 
The gains followed Wall Street, where the Dow ended Friday up by 1.39 per cent, while the S&P 500 gained 1.60 per cent and the Nasdaq 1.77 per cent.

(with Reuters inputs)

image
Business Standard
177 22