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Sensex, Nifty hit fresh intraday high

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Key equity indices extended gains and hit fresh intraday high in afternoon trade. At 13:34 IST, the barometer index, the S&P BSE Sensex, was up 341 points or 0.93% at 37,012.43. The was up 122.75 points or 1.11% at 11,158.15.

The Sensex was currently trading below the psychological 37,000 mark after hitting intraday high just above that level in mid-morning trade. Trading for the week began on upbeat note on buying demand in pivotals. The Sensex held firm in morning trade. Key benchmark indices extended gains and hit fresh intraday high in mid-morning trade.

The S&P BSE Mid-Cap was up 1.79%. The S&P BSE Small-Cap index was up 1.55%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was strong. On the BSE, 1649 shares rose and 778 shares fell. A total of 174 shares were unchanged.

(up 4.96%), NTPC (up 4.46%), (up 4.09%), (up 4.01%), (up 2.76%) and (up 2.73%), were the major Sensex gainers.

IndusInd (down 0.78%), (down 0.44%), (down 0.38%) and (down 0.02%), were the major Sensex losers.

fell 0.51%. has launched a new version of the Metadata Registrv and Transformation (MRT) Platform that helps life sciences companies streamline their by automating clinical study design and set up and conversion of clinical data into standard formats for greater interoperability across the clinical trial phases. The announcement was made during market hours today, 11 March 2019.

Meanwhile, Lok Sabha elections will be held in seven phases from April 11 to May 19 and counting will take place on May 23. However, elections for the Jammu and Kashmir Assembly, will not be held along with the Lok Sabha polls due to security reasons, the said on Sunday.

Overseas, most Asian stocks edged higher as Chinese markets rebounded on hopes of more policy support for the slowing China's central on Sunday pledged to increase loans and lower borrowing costs after a sharp drop in in February.

Investors awaited more details about US - trade talks. US stocks finished lower Friday for a fifth session in a row, after a disappointing jobs report added to concerns about slowing global growth.

Labor Department announced the U.S. added just 20,000 new jobs in February. The unemployment rate fell to 3.8% from 4%, while workers saw an 11 cent-an-hour increase in average hourly earnings, the largest gain since the end of the 2009 recession.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 11 2019. 13:31 IST