You are here: Home » Markets » News
Business Standard

Market Wrap, April 26: Sensex gains 336 pts; Nifty above 11,750

On sectoral basis, only Nifty Auto, Nifty Media, and Nifty Realty indices ended in red. The biggets gainers were Nifty Metal, Nifty Bank, and Nifty Private Bank indices

Topics
Market Wrap  |  Nifty  |  Oil

BS Web Team  |  New Delhi 

A late surge in the benchmark indices, lifted by gains in financials and metals, took Sensex nearly 300 points, up almost 1 per cent, higher and beyond the 11,750-mark after a rangebound morning trade.

The Sensex was up 336.47 points, or 0.87 per cent, at 39,067, with Tata Steel, ICICI Bank, Axis Bank, and State Bank of India among the top gainers. 12 of the 30 constitutents ended in the red while the rest 18 finished the day in the green.

Nifty50 too registered gain in the late hours to end at 11,755, up 113 points, or 0.9 per cent. About 1,085 shares advanced, 1,410 shares declined, and 153 shares remained unchanged.

On sectoral basis, only Auto, Media, and Nifty Realty indices ended in red. The biggets gainers were Nifty Metal, Nifty Bank, and Nifty Private Bank indices that rose 1.86 per cent, 1.53 per cent, and 1.46 per cent, respectively.

Among broader markets, S&P BSE MidCap index slipped 66 points, or 0.44 per cent, to end at 15,064 while S&P BSE SmallCap index also closed in the red, down 25 points, or 0.17 per cent, at 14,813.38.

Maruti Suzuki India shares slipped 1 per cent to Rs 6,832.15 on the BSE after the company reported a weak set of numbers for the March quarter (Q4FY19).

GHCL rose 7.25 per cnt to Rs 259 on the back of heavy volumes after the company reported a healthy 44 per cent year-on-year (YoY) growth in net profit at Rs 119 crore in the March quarter (Q4FY19).

Shares of Tata Steel rallied almost 7 per cent to Rs 545 on the BSE after the company reported a better-than-expected consolidated net profit of Rs 2,295 crore in the March quarter (Q4FY19).

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
149.00  
subscribe
Complete access to the premium product
Convenient - Pay as you go
Pay using Master/Visa Credit Card & ICICI VISA Debit Card
Auto renewed (subject to your card issuer's permission)
Cancel any time in the future
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

NOTE :

  • The product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the email with the cancellation request to assist@bsmail.in. Include your contact number for speedy action. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

Business Standard Digital

Business Standard Digital - 12 Months
1499.00
subscribe
Get 12 months of Business Standard digital access
Single Seamless Sign-up to Business Standard Digital
Convenient - Once a year payment
Pay using an instrument of your choice - Credit/Debit Cards, Net Banking, Payment Wallets accepted
Exclusive Invite to select Business Standard events

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.

NOTE :

  • This product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, April 26 2019. 16:37 IST
RECOMMENDED FOR YOU
.