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MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Among the sectoral indices, Nifty Financial Service index settled 1.4 per cent higher led by Bajaj Finance and IIFL.

Topics
Market Wrap  |  Sensex  |  Nifty

SI Reporter  |  New Delhi 

The benchmark indices snapped their four-session losing streak, ending over 0.5 per cent higher on Wednesday led by a rise in financial and OMC stocks ahead of the expiry of October-series futures and options (F&O) contracts. The S&P BSE Sensex ended at 34,034, up 187 points, while the broader Nifty50 index settled at 10,225, up 78 points. Among the sectoral indices, Nifty Financial Service index settled 1.4 per cent higher led by Bajaj Finance and IIFL. Among key stocks, Bharti Airtel surged over 10 per cent to end at Rs 317 on the BSE after the ...

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MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Nifty Fin Service index gains 1.39%. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) VOLUME BAJAJ FIN. 2311.80 2083.35 228.45 10.97 10357265 IIFL HOLDINGS 382.35 353.10 29.25 8.28 774732 M & M FIN. SERV. 401.00 374.35 26.65 7.12 5300280 SHRIRAM TRANS. 1053.00 1005.30 47.70 4.74 1699052 BAJAJ FINSERV 5391.45 5167.75 223.70 4.33 1105550

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

BSE Sensex: Top gainers & losers

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Top sectoral gainers and losers on BSE

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Market at close   The S&P BSE Sensex climbed 187 points or 0.55 per cent to settle at 34,034 while NSE's Nifty50 index gained 78 points or 0.77 per cent to settle at 10,225.

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Bharti Airtel up 15% as investors to pump $1.25 billion in African unit Shares of Bharti Airtel have moved higher by 15% to Rs 329 per share on the BSE in intra-day trade on Wednesday after the telecom services company said that the global investors comprising Warburg Pincus, Temasek, Singtel, SoftBank Group International and others will invest $1.25 billion in company’s subsidiary Airtel Africa. READ MORE

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Trust, confidence severely impacted by IL&FS default, says Sebi chairman The default by Infrastructure Leasing & Financial Services (IL&FS) has "severely” impacted the trust and confidence of investors, said Ajay Tyagi, chairman, Securities and Exchange Board of India (Sebi).   Speaking at the conference organised by rating agency Crisil, he said “Let me briefly touch upon the issue of ‘trust’ and how this “trust" and consequently investors’ confidence has been severely impacted due to developments in the recent months, particularly as a result of default by a large entity.” READ MORE

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Bajaj Auto, Hero MotoCorp, Tata Motors hit 52-week low Bajaj Auto, Hero MotoCorp, Tata Motors, Shree Cement and Grasim Industries were among 10 stocks from the S&P BSE 200 index that hit their respective 52-week lows on the BSE.   Container Corporation, Indian Bank, Motilal Oswal Financial Services, Edelweiss Financial Services and Oracle Financial Services Software, too, hit 52-week lows today. READ MORE

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Oil extends drop, falling towards $75, on demand worries   Oil fell towards $75 a barrel to its lowest since late August on Wednesday, pressured by concern that demand is weakening and supply ample even as US sanctions loom on oil exporter Iran. Brent crude, the global benchmark, was down $1.28 to $75.16 a barrel. It fell earlier to $75.11, the lowest since Aug. 24. US crude dropped 30 cents to $66.13.

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Nifty Pharma trading 1% lower 

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

BSE gets Sebi's nod to launch Oman crude oil contract Leading stock exchange BSE said it has received markets regulator Sebi's approval to launch Oman Crude Oil contract on its newly launched commodity derivatives segment.   BSE had marked its entry into the commodity derivatives segment with gold and silver contracts on October 1, 2018. READ MORE

MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Market Check Index Current Pt. Change % Change   S&P BSE SENSEX 33,810.80 -36.43 -0.11   S&P BSE SENSEX 50 10,620.76 +0.64 +0.01   S&P BSE SENSEX Next 50 29,855.09 -66.98 -0.22   S&P BSE 100 10,377.94 -2.93 -0.03   S&P BSE Bharat 22 Index 3,303.51 +0.11 0.00  

First Published: Wed, October 24 2018. 08:08 IST
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MARKET WRAP: Sensex ends 187 pts up, reclaims 34,000 mark; Airtel rises 10%

Among the sectoral indices, Nifty Financial Service index settled 1.4 per cent higher led by Bajaj Finance and IIFL.

The benchmark indices snapped their four-session losing streak, ending over 0.5 per cent higher on Wednesday led by a rise in financial and OMC stocks ahead of the expiry of October-series futures and options (F&O) contracts. The S&P BSE Sensex ended at 34,034, up 187 points, while the broader Nifty50 index settled at 10,225, up 78 points. Among the sectoral indices, Nifty Financial Service index settled 1.4 per cent higher led by Bajaj Finance and IIFL. Among key stocks, Bharti Airtel surged over 10 per cent to end at Rs 317 on the BSE after the ...

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