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Sensex extends gains, Nifty around 11,050

Indian indices keep on the power way


Equity benchmarks have resumed their uptrend from Thursday as the Sensex is trading over 150 points higher on Friday, while the Nifty is placed above 11,070.

Financial stocks are seeing some pressure, but other sectoral indices such as auto, energy and metals are all trading in the green. Midcaps continue to remain under pressure; the Nifty Midcap index is flat with a negative bias. Among stocks, HCL Tech is seeing some profit booking this morning after the firm announced Rs 4,000-crore buyback; it had rallied in the run up to this Board meeting which took this decision.

Shares of Infosys are up 1 percent ahead of Q1 results that will be declared later in the day. Fortis Healthcare, on the other hand, is up around 3 percent after IHH’s bid was accepted by the firm.

The market has begun Friday on a positive note, with the Sensex gaining around 100 points in the opening tick, while the Nifty has managed to stay around 11,000-mark.

The Sensex is up 97.49 points or 0.27% at 36645.90, while the Nifty is higher by 26.80 points or 0.24% at 11050.00. The market breadth is positive as 259 shares advanced, against a decline of 87 shares, while 36 shares are unchanged.

Majority of sectoral indices are trading in the green, with energy and metal stocks gaining the most, while financials are witnessing some pressure. Midcaps are trading marginally higher.

Shares of oil marketing companies are trading strong. The likes if IOC, BPCL and HPCL are all up as oil prices headed lower, while Infosys was also in the green ahead of its June quarter results.

Among global markets, Asian shares were higher following gains on Wall Street overnight, as concerns over an escalating US trade war with China took a breather. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, building on a 0.6 percent rise on Thursday, after US stocks ended the day higher.

Australian shares also gained 0.2 percent, while Japan’s Nikkei stock index was 1.2 percent higher.

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Sensex extends gains, Nifty around 11,050
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Opinion Poll
With assembly election ahead With assembly election ahead, well known Digital Media platform has decided to gauge the mood of Chhattisgarh through its own opinion poll. As an aware voter and stakeholder of the democratic process, kindly do answer the following questions so that prevailing mood of state can be ascertained.
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ओपिनियन पोल
छत्तीसगढ़ की आगामी विधानसभा चुनाव के लिए डिजिटल मीडिया ‘’ नेसटीक ओपिनियन पोल करनेका निश्चय किया है. अतः आप नीचे दिए सवालों के निष्पक्ष जवाब देंताकि राज्य की आने वाले दिनों की सही सियासी तस्वीर सामनेआ सके. कृपया अपना मत जरूर दें- With assembly election ahead
विधानसभा क्षेत्र
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विधानसभा चुनाव में सबसे बड़ी पार्टी कौन सी होगी ?
किस पार्टी को ज्यादा सीटें मिलेगी?
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क्या आपके क्षेत्र में विकास दिखाई पड़ रहा है?
क्या छत्तीसगढ़ का किसान भाजपा शासन से संतुष्ट है?
जो रोजगार छत्तीसगढ़ सरकार ने दिया, क्या उससे युवा वर्ग संतुष्ट है?
राज्य सरकार ने महिलाओं के सशक्तिकरण के लिए जो किया, उससे महिलाएं संतुष्ट हैं?
क्या आप अपने विधायक से संतुष्ट हैं? उन्होंने अपने वादे पूरे किए या अधूरे हैं उनके काम?
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क्या नक्सली समस्या पर नियंत्रण हुआ है?
क्या प्रदेश के मंत्रियों के कामकाज से संतुष्ट हैं?
-देश हित के लिए मतदान अवश्य करें-

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