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Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

All that happened in the markets today

SI Reporter  |  New Delhi 

Benchmark indices ended higher with Sensex ending over 350 points higher while Nifty ending firmly above 10,150-mark, bouncing back after two days of losses on Thursday, led by banking, telecom, metal and auto stocks. Lenders such as State Bank of India on expectations that the government would soon reveal details of a recapitalisation plan. Reserve Bank of India Governor Urjit Patel said on Wednesday the government would “in coming days” detail how it plans to inject an announced $32 billion into state-run lenders, which was announced in October. Meanwhile, an RBI ...

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Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Market rundown by Vinod Nair, Head of Research, Geojit Financial Services   "Market smartly recouped from the yesterdays losses which was triggered by RBIs hawkish policy and weakness in global market. However, RBI reiterating an economic growth of 6.7% for FY18 uplifted the sentiment. Upcoming state election in Gujarat and rupee movement against dollar ahead of US tax reform will be keenly watched for further momentum in the market."

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Nifty Auto gained nearly 2% Source: NSE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Stock in News Airtel up 6% after the company joined hands with Intex to launch a range of affordable 4G smartphones starting at Rs 1,649

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Realty index rebounds after falling 4 sessions Source: NSE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Sectoral Trend: All indicesended the day in green Source: NSE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Top Sensex gainers and losers Source: BSE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Broader Markets Broader markets outperformed the benchmark indices a bit with BSE Midcap and BSE Smallcap up 1.4% and 1.3% respectively

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Markets at close Benchmark indices ended higher with Sensex ending over 350 points higher while Nifty ending firmly above 10,150-mark, bouncing back after two days of losses on Thursday, led by banking, telecom, metal and auto stocks. The S&P BSE Sensex ended at 32,949, up 352 points while the broader Nifty50 settled at 10,166, up 122 points

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

DLF, Gail, Maruti Suzuki hit 52-week high   DLF, Den Networks, Cyient and ISGEC Heavy Engineering are among 10 stocks from the S&P BSE 500 index hit their respective 52-week highs on the BSE in intra-day trade after nearly one percentage point gain in the benchmark Sensex.    Of these 10 stocks,Gail (India), Maruti Suzuki India, TVS Motor Company, Aegis Logistics, Biocon and KEC International have touched their respective record highs on Thursday. READ MORE

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Promoters offload shares to pare debt   Promoters of five companies - Bharti Infratel, Escorts, McLeod Russell India, Relaxo Footwear and Action Construction Company - have sold equity shares worth nearly Rs 4,000 crore through open market transactions in the past three weeks to cut debt in their respective company's books.    According to disclosures made by the companies to the stock exchanges, institutional investors led by foreign portfolio investors (FPIs) have bought these shares. Experts attribute this to buoyant markets that have provided an opportunity to promoters to raise funds via stake sale. Read More

Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

Land Rover, Range Rover drive JLR sales up 10% to 52,332 units in Nov   Tata Motors-owned Jaguar Land Rover (JLR) today reported 10 per cent increase in retail sales at 52,332 units in November as compared with the same month last year.   The company said sales during the month were primarily driven by the introduction of the new Land Rover Discovery and the Range Rover Velar. Read More

First Published: Thu, December 07 2017. 15:30 IST
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Nifty ends 1.2% higher, Sensex up 352 points; auto, realty indices gain

All that happened in the markets today

Benchmark indices ended higher with Sensex ending over 350 points higher while Nifty ending firmly above 10,150-mark, bouncing back after two days of losses on Thursday, led by banking, telecom, metal and auto stocks. Lenders such as State Bank of India on expectations that the government would soon reveal details of a recapitalisation plan. Reserve Bank of India Governor Urjit Patel said on Wednesday the government would “in coming days” detail how it plans to inject an announced $32 billion into state-run lenders, which was announced in October. Meanwhile, an RBI ...

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