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MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Among sectoral indices, the Nifty Bank index rose 1.5 per cent led by a rise in ICICI Bank and HDFC Bank. The Nifty Auto index, too, rose 0.9 per cent led by Bajaj Auto and Maruti Suzuki.

Topics
Market Wrap  |  Sensex  |  Nifty

SI Reporter  |  New Delhi 

Snapping their three-day losing streak, the benchmark indices settled around 1 per cent higher on Friday ahead of the outcome of state exit polls due later in the day. That apart, market will also closely watch the outcome of OPEC-Russia meet, which is expected to come later in the day. The S&P BSE Sensex climbed 361 points or 1.02 per cent to settle at 35,673 while NSE's Nifty50 index added 93 points or 0.87 per cent to end at 10,694. Among sectoral indices, the Nifty Bank index rose 1.5 per cent led by a rise in ICICI Bank and HDFC Bank. The Nifty ...

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MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Top sectoral gainers and losers on NSE

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

S&P BSE Sensex: Top gainers and losers

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Market at close   The S&P BSE Sensex climbed 361 points or 1 per cent to settle at 35,673 while NSE's Nifty50 index added 93 points or 0.87 per cent to end at 10,694.

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

NEWS ALERT Government appoints Krishnamurthy Subramanian as Chief Economic Advisor for 3 years

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Gold futures up Rs 15 on firm global leads Gold prices rose by Rs 15 to Rs 31,104 per 10 gram in futures trade Friday as speculators raised their bets, taking positive cues from the global markets. At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 15, or 0.05 per cent, to Rs 31,104 per 10 gram in a business turnover of 13,435 lots. READ MORE

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Lyft IPO to define the fate of internet taxi companies, investors' money Lyft, Uber’s fiercest rival on home turf, has filed for an initial public offering of shares with the US Securities and Exchange Commission, becoming the first app-based taxi, and beating Uber, to do so.   The said IPO, which may open the first quarter of 2019, has far reaching consequences for the entire sector. No one is sure of the future of Internet-based taxi services which have guzzled billions and billions of dollars but haven’t delivered profits. READ MORE  

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

NEWS ALERT ICRA revises Jet Airways' long-term loans & NCD rating to 'C' from 'B' with negative outlook

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

No agreement on Opec oil output deal yet over exemptions for Iran: Report   Iran appears to be the main obstacle for an Opec oil output deal on Friday as the group's leader Saudi Arabia has yet to agree to exemptions for sanctions-hit Tehran, two Opec sources said. The Organization of the Petroleum Exporting Countries resumes discussions on Friday in Vienna before heading into a meeting with non-Opec oil producers led by Russia. Read more  

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Around 127 scrips hit 52-week lows on NSE

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

NEWS ALERT Iran, Venezuela, Libya likely to get exemptions from OPEC output cut, reports Reuters

MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Navkar Corporation hits record low; stock tanks 26% in two days   Shares of Navkar Corporation have hit an all-time low of Rs 41.35 per share, dropping 17% on Friday, and falling 26% in past two trading sessions on BSE on concerns of a weak outlook. The stock of logistics firm was quoting at its lowest level since listing on April 6, 2010. Since November 2018, Navkar Corporation slipped 40% after 87% year-on-year (YoY) declined in its standalone net profit at Rs 33 million in September quarter, due to higher operational expenses. The company had a profit of Rs 258 million in the year-ago quarter. It posted a profit of Rs 301 million in the previous quarter. Read more  

First Published: Fri, December 07 2018. 08:11 IST
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MARKET WRAP: Sensex ends 361 pts higher ahead of exit polls outcome

Among sectoral indices, the Nifty Bank index rose 1.5 per cent led by a rise in ICICI Bank and HDFC Bank. The Nifty Auto index, too, rose 0.9 per cent led by Bajaj Auto and Maruti Suzuki.

Snapping their three-day losing streak, the benchmark indices settled around 1 per cent higher on Friday ahead of the outcome of state exit polls due later in the day. That apart, market will also closely watch the outcome of OPEC-Russia meet, which is expected to come later in the day. The S&P BSE Sensex climbed 361 points or 1.02 per cent to settle at 35,673 while NSE's Nifty50 index added 93 points or 0.87 per cent to end at 10,694. Among sectoral indices, the Nifty Bank index rose 1.5 per cent led by a rise in ICICI Bank and HDFC Bank. The Nifty ...

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