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MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

The Nifty IT index settled 1.43 per cent higher led by a rise in the shares of Infosys and Tata Consultancy Services (TCS)

SI Reporter  |  New Delhi 

The benchmark indices ended higher for the second consecutive day on Tuesday aided by a rise in information technology (IT) and public sector banking stocks. The S&P BSE Sensex ended at 33,513, up 159 points (0.45 per cent), while the broader Nifty50 index settled at 10,686, up 57 points (0.54 per cent). Among sectoral indices, the Nifty IT index settled 1.43 per cent higher led by a rise in the shares of Infosys and Tata Consultancy Services (TCS), while the Nifty PSU Bank rose 1.01 per cent led by Bank of India and State Bank of India (SBI). In key ...

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MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

Top gainers and losers on NSE

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

S&P BSE Sensex: Top gainers and losers

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

Market at Close   The S&P BSE Sensex ended 159 points or 0.45 per cent higher at 35,513.14 while NSE's Nifty50 index added 57 points or 0.54 per cent to close at 10,686. 

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

NEWS ALERT Moody's downgrades YES Bank's ratings; changes outlook to negative Stock impact:

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

Adani Transmission nears record high; stock zooms 62% in one month   Shares of Adani Transmission moved up by 5% to Rs 250 per share, extending their 39% rally in the past two weeks following the announcement of its addition in MSCI index. The stock was trading close to its all-time high level of Rs 252 touched on January 18, 2018, on the BSE in intra-day trade. READ MORE

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

Oil slips on record Saudi output; markets eye G20 and OPEC meetings Oil prices slipped on Tuesday, weighed down by record Saudi Arabian production even as OPEC's top producer pushes for supply cuts ahead of the group's meeting in Austria next week.   International Brent crude oil futures briefly dipped below $60 per barrel before rising back to $60.16 at 0814 GMT, still down 32 cents, or 0.5 percent, from their last close.   U.S. West Texas Intermediate (WTI) crude futures were at $51.18 per barrel, down 45 cents, or 0.9 percent. READ MORE

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

HSBC upgrades Indian equity market to 'stable' from 'underweight'   Global financial services firm HSBC has upgraded its rating on Indian equity market to “neutral” from “underweight” on the back of recent corrections and more attractive valuations. Analysts at the bank have noted that since August-end, the Indian stock market has underperformed due to an array of headwinds, such as a free fall in the rupee and a volatility in crude oil prices, and that these risks still persist despite the underperformance. Read more

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

NEWS ALERT Monte Carlo to consider share buyback on November 30

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

Mirc Electronics rises 10% as company has started making television sets for Reliance Retail

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

IRB Infra gains 9% in two days after rating upgrade   Shares of IRB Infrastructure Developers have moved higher by 5.5% to Rs 154 on Tuesday, extending its Monday’s 3.3% gain on the BSE, after the rating agency India Ratings and Research (Ind- Ra) revised the company’s outlook to positive from stable, while affirming its long-term issuer rating at ‘IND A+’. Read more

MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

Gold subdued ahead of Fed Chair speech, G20 summit   Gold prices inched lower on Tuesday as the dollar held firm, while investors awaited clues on the pace of future US interest rate hikes and as the U.S.-China trade spat sours ahead of a G20 summit. Spot gold inched 0.1 per cent lower to $1,220.97 per ounce. Read more

First Published: Tue, November 27 2018. 08:02 IST
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MARKET WRAP: Sensex rises 159 pts, Nifty ends at 10,686; IT, PSU banks gain

The Nifty IT index settled 1.43 per cent higher led by a rise in the shares of Infosys and Tata Consultancy Services (TCS)

The benchmark indices ended higher for the second consecutive day on Tuesday aided by a rise in information technology (IT) and public sector banking stocks. The S&P BSE Sensex ended at 33,513, up 159 points (0.45 per cent), while the broader Nifty50 index settled at 10,686, up 57 points (0.54 per cent). Among sectoral indices, the Nifty IT index settled 1.43 per cent higher led by a rise in the shares of Infosys and Tata Consultancy Services (TCS), while the Nifty PSU Bank rose 1.01 per cent led by Bank of India and State Bank of India (SBI). In key ...

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