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MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Among individual stocks, Infosys fell nearly 3% after MD Ranganath, its chief financial officer (CFO), quit the IT major to pursue external opportunities.

SI Reporter  |  New Delhi 

The benchmark indices settled at their record highs on Monday with the Nifty50 index ending above the 11,500 levels for the first time ever following positive global developments and a firm rupee. The S&P BSE Sensex settled at a record high of 38,279, up 331 points, while the broader Nifty 50 index closed at a new high of 11,552, up 81 points. In intra-day deals, the S&P BSE Sensex hit an all-time high of 38,340.69. The Nifty50 index, on the other hand, touched its record high level of 11,565.30. Among sectoral indices, the Nifty Metal index ended 2.5 per cent led by rise in ...

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MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Nifty Metal index ends 2.5% higher. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) WELSPUN CORP 141.90 126.30 15.60 12.35 NATL. ALUMINIUM 71.85 68.80 3.05 4.43 TATA STEEL 600.95 580.15 20.80 3.59 VEDANTA 222.25 215.20 7.05 3.28 HINDALCO INDS. 226.75 219.70 7.05 3.21

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Nifty sectoral gainers of the day

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

BSE Sensex: L&T, Tata Motors, RIL among top gainers of the day, Infosys top loser

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Market at close The S&P BSE Sensex settled at a record high of 38,279, up 331 points, while the broader Nifty 50 index closed at a new high of 11,552, up 81 points. In intra-day deals, the S&P BSE Sensex hit an all-time high of 38,340.69. The Nifty50 index, on the other hand, touched its record high level of 11,565.30.

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

RIL, YES Bank, HUL, M&M, Bata India hit new highs Shares of Reliance Industries (RIL), YES Bank, Mahindra & Mahindra (M&M) and Hindustan Unilever (HUL) from the S&P BSE Sensex hit a new highs on the BSE in intra-day trade after the benchmark index gain 1% on Monday. READ MORE

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Strong finances, low debt to cap sovereign risks from rupee fall: Fitch A recent sharp sell-off in the rupee will have limited impact on India’s sovereign credit profile due to relatively strong external finances, especially the low level of external debt. But there could be further bouts of pressure as global monetary tightening progresses. READ MORE

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Top gainers in BSE 500: COMPANY PRICE() CHG() CHG(%) HIND.CONSTRUCT. 14.84 2.01 15.67 S H KELKAR & CO. 218.10 17.40 8.67 WELSPUN CORP 137.30 10.75 8.49 PTC INDIA FIN 18.30 1.35 7.96 DIVI'S LAB. 1252.95 79.95 6.82 » More on Top Gainers

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Gold gains on bargain hunting; US-China trade talks in focus Gold edged higher on Monday as investors found the metal attractive after prices fell to a 19-month low last week, while a rising dollar weighed on the market ahead of planned US-China trade talks.   Spot gold was up 0.2 per cent at $1,186.33 an ounce, after touching its lowest since January 2017 at $1,159.96 on Thursday. US gold futures were up 0.7 per cent at $1,191.60 an ounce. READ MORE

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Flows through the SIP route could moderate going ahead: Experts The mutual fund industry has seen moderation in flows, but investments through the systematic investment plans (SIPs) route continue to remain intact.   Data available with the Association of Mutual Funds in India (Amfi) shows that SIP contribution in July stood at Rs 75 billion, which was 18 per cent higher than the 12-month average of Rs 64 billion. READ MORE

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Vadilal Industries hits 52-week low; stock tanks 20% Shares of Vadilal Industries hit a 52-week low of Rs 588, down 20% on the BSE in intra-day trade on the back of heavy volumes in an otherwise strong market. READ MORE

MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Market Check INDEX LATEST PREVIOUS CHANGE CHANGE(%) BSE SENSEX 38298.41 37947.88 350.53 0.92 BSE 500 15608.01 15495.21 112.80 0.73 BSE MID-CAP 16452.38 16306.44 145.94 0.89 BSE SMALL-CAP 16914.22 16866.21 48.01 0.28 S&P BSE LARGECAP 4484.63 4449.66 34.97 0.79 > More on BSE Indices

First Published: Mon, August 20 2018. 08:15 IST
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MARKET WRAP: Indices end at record high, Nifty above 11,550; Infy down 3%

Among individual stocks, Infosys fell nearly 3% after MD Ranganath, its chief financial officer (CFO), quit the IT major to pursue external opportunities.

The benchmark indices settled at their record highs on Monday with the Nifty50 index ending above the 11,500 levels for the first time ever following positive global developments and a firm rupee. The S&P BSE Sensex settled at a record high of 38,279, up 331 points, while the broader Nifty 50 index closed at a new high of 11,552, up 81 points. In intra-day deals, the S&P BSE Sensex hit an all-time high of 38,340.69. The Nifty50 index, on the other hand, touched its record high level of 11,565.30. Among sectoral indices, the Nifty Metal index ended 2.5 per cent led by rise in ...

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