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MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Among individual stocks, market heavyweight Reliance Industries (RIL) settled a new all-time high of Rs 1,323, up 2.4 per cent.

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Market Wrap  |  Nifty  |  Sensex

SI Reporter  |  New Delhi 

The benchmark indices settled at their record closing highs on Tuesday taking positive cues from global markets after the United States and Mexico agreed to overhaul the North American Free Trade Agreement. The S&P BSE Sensex settled at a fresh record closing high of 38,897, up 203 points, while the broader Nifty 50 index closed at a new high of 11,739, up 47 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38938.91. The Nifty50 index, on the other hand, touched its record high level of 11,760.20. Among individual stocks, market heavyweight ...

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MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Nifty Metal index ends 1.82% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) VOLUME APL APOLLO 1686.50 1623.80 62.70 3.86 23650 HINDALCO INDS. 239.00 230.25 8.75 3.80 18865065 JSW STEEL 366.20 355.60 10.60 2.98 6121154 VEDANTA 230.30 225.50 4.80 2.13 15426791 WELSPUN CORP 166.70 163.45 3.25 1.99 891970

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Nifty sectoral gainers and losers of the day

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

BSE Sensex: RIL top gainer of the day, YES Bank top loser

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Market at close The S&P BSE Sensex settled at a fresh record closing high of 38,897, up 203 points, while the broader Nifty 50 index closed at a new high of 11,739, up 47 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38,938.91. The Nifty50 index, on the other hand, touched its record high level of 11,760.20.

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Sterlite closure hits copper production, imports up 221% in June quarter Domestic refined copper production fell 47.1 per cent in quarter ending June (Q1FY19), leading to an increase in price and fall in exports. Though the fall in production was mainly due to the closure of Vedanta's smelter plant at Thoothukudi, the shutdown of smelters of Hindustan Copper (HCL) and Hindalco for maintenance purposes also had an impact. READ MORE

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

SAIL closing in on NMDC's iron ore capacity The gradual ramp-up of SAIL's captive iron ore capacity has brought it within striking distance of the country's largest iron ore producer, NMDC, which supplies to major steel producers like JSW Steel and Essar. READ MORE

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

NMDC increases price of lump ore, iron ore fines by Rs 150 a tonne NMDC Limited, a state-controlled mineral producer, has increased the price for lump ore and iron ore fines by Rs 150 a tonne with effect from August 22.   The company informed exchanges that the price has been increased to Rs 3,350 a tonne from Rs 3,200 a tonne for lump ore and to Rs 2,960 a tonne from Rs 2,810 a tonne for iron ore fines. READ MORE

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Gold steadies as US-Mexico trade deal weighs on dollar, China ties in focus Gold steadied on Tuesday as the dollar hovered near a one-month low following a trade deal between the United States and Mexico, but concerns around a still developing US-China trade row kept a check on prices of the precious metal.   Spot gold inched 0.1 per cent higher to $1,212.33, after falling as much as 0.3 per cent earlier in the day. Prices on Monday hit their highest in two weeks. US gold futures were up 0.2 per cent at $1,218.40 an ounce. READ MORE

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Adani Group shares gain; Adani Transmission zooms 40% in two days Shares of Gautam Adani-led Adani Group companies – Adani Transmission, Adani Enterprises, Adani Power and Adani Green Energy – have rallied by up to 17% on the BSE in intra-day trade on Tuesday. READ MORE

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Market Check Index Current Pt. Change % Change   S&P BSE SENSEX 38,892.47 +198.36 +0.51   S&P BSE SENSEX 50 12,292.39 +49.87 +0.41   S&P BSE SENSEX Next 50 35,035.99 -143.22 -0.41   S&P BSE 100 12,036.15 +34.05 +0.28   S&P BSE Bharat 22 Index 3,715.46 -11.25 -0.30 (Source: BSE)

MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

REITs: Good option for investors seeking regular income, diverse portfolio Embassy Office Parks, the joint venture between Bengaluru-based Embassy group and US-based private equity fund Blackstone, plans to file the offer document for its real estate investment trust (REIT) soon. REITs, a long-awaited investment product, will give retail investors access to one more asset class with which to diversify their portfolios. READ MORE

First Published: Tue, August 28 2018. 08:15 IST
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MARKET WRAP: Sensex at new closing high of 38,897 on global cues; RIL up 2%

Among individual stocks, market heavyweight Reliance Industries (RIL) settled a new all-time high of Rs 1,323, up 2.4 per cent.

The benchmark indices settled at their record closing highs on Tuesday taking positive cues from global markets after the United States and Mexico agreed to overhaul the North American Free Trade Agreement. The S&P BSE Sensex settled at a fresh record closing high of 38,897, up 203 points, while the broader Nifty 50 index closed at a new high of 11,739, up 47 points. In intra-day deals, the S&P BSE Sensex hit a new all-time high of 38938.91. The Nifty50 index, on the other hand, touched its record high level of 11,760.20. Among individual stocks, market heavyweight ...

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