Sensex ends 116 pts higher, Nifty settles above 10,150; Airtel up 5%
Catch all that happened in the market here
 "Nandan Nilekani, Nilekani")
Nandan Nilekani, former chairman of the Unique Identity Development Authority of India.
Benchmark indices end higher with Nifty above 10,150, and Sensex up over 100 points ahead of F&O expiry and Infosys earnings due later this week.
Markets hit fresh highs last week and analysts think upcoming corporate earnings will have an impact on the short-term trend. Infosys Ltd and Hindustan Unilever Ltd will report results on Tuesday and Wednesday, respectively.
Telecom stocks were in focus after Reliance Jio raised data tariffs last week, signalling more pricing discipline in the sector, while strong global markets also boosted sentiment.
Telecom stocks were in focus after Reliance Jio raised data tariffs last week, signalling more pricing discipline in the sector, while strong global markets also boosted sentiment.
Japanese shares jumped on a weaker yen as an election win for Shinzo Abe’s ruling bloc gave a green light for more policy stimulus.
3:48 PM
Market rundown by Anand James, Chief Market Strategist at Geojit Financial Services
NPA worries continue to cloud markets’ upside prospects, firm global peers as well as centre's plan to infuse new funds to PSU banks supported the banking stocks and gave impetus to the indices later in the afternoon, while also signs of price rationalisation lifted telecom stocks.
3:42 PM
Nifty Chart for the day
Source: NSE
3:41 PM
Telecom shares rallied post Jio tariff hike plan
Source: BSE
3:38 PM
Nifty IT gains ahead of Infosys results
Source: NSE
3:37 PM
Nifty Bank snaps 3-day rally
Source: NSE
3:35 PM
Tos Sensex gainers and losers
Source: BSE
3:34 PM
Broader markets
In broader markets, BSE Midcap index was in line with the frontline indices, up 0.45% while the BSE Smallcap index was a little changed
In broader markets, BSE Midcap index was in line with the frontline indices, up 0.45% while the BSE Smallcap index was a little changed
3:33 PM
Markets at close
The S&P BSE Sensex ended at 32,506, up 116 points while the broader Nifty50 index settled at 10,184, up 38 points
The S&P BSE Sensex ended at 32,506, up 116 points while the broader Nifty50 index settled at 10,184, up 38 points
3:18 PM
Sectoral Trend
Source: NSE
3:08 PM
HSBC appoints Jayant Rikhye as CEO India
The Hongkong and Shanghai Banking Corporation (HSBC) on Monday appointed Jayant Rikhye as the Chief Executive Officer for India operations. He will take charge on December 1 and will be succeeding Stuart Milne, who has held the position for five years.
Rikhye joined the bank in 1989 and is currently the head of international markets, Asia Pacific.
Topics :
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Oct 23 2017 | 3:31 PM IST