BusinessShare Market

Sensex adds 92 points as Axis, ICICI Bank surge outlaws HDFC twins loss; Nifty finishes at 10,402

Indian stock markets extended gains for the fourth consecutive day finishing on a positive note on Tuesday with Sensex and Nifty ending up marginally higher as trade-war fears between US and China seemed to have diminished followed by an uptick in the US stock markets.

Indian Stock market extended gains for the fourth consecutive day finishing on a positive note on Tuesday with Sensex and Nifty ending up marginally higher as trade-war fears between US and China seemed to have diminished followed by an uptick in the US stock markets.

The investors’ sentiments were also upbeat on the back of better corporate earnings with India’s second-largest IT company Infosys all set to announce the financial results for the quarter and year ended 31 March 2018 on 13 April 2018.

BSE Sensex added 91.71 points or 0.27% to close at 33,880.25 whereas NSE Nifty gathered 22.9 points or 0.22% to settle at 10,402.25 on Tuesday.

Shares of Axis Bank emerged as the top gainers among the blue-chip components of Sensex and Nifty on Tuesday after bank’s top person Shikha Sharma called for an early exit from the post of MD and CEO of Axis Bank.

Shikha Sharma has requested the board of Axis Bank to cut short her fourth term starting from 1 June 2018 onwards to limit it to 31 December 2018. The stock of Axis Bank rose as high as 6.1% to over a one-month peak of Rs 549.5 before closing up 5.43% at Rs 546 on BSE.

Shares of ICICI Bank also joined the jubilation and advanced nearly 5% to a day’s high of Rs 294.4 before concluding up 2.78% at Rs 288.25 on BSE.

Other blue-chip shares which also gained in today’s trade include Hindalco (up 3.91%), Tata Steel (up 2.94%), Adani Ports (up 2.73%), Coal India (up 2.42%), Tech Mahindra (up 1.76%), L&T (up 1.66%), Bharti Airtel (up 1.24%), Vedanta (up 1.23%), State Bank of India (up 0.96%) and Yes Bank (up 0.95%). While, on the other hand, shares of Bajaj Finserv, Hero MotoCorp, Indiabulls Housing Finance, Tata Motors, Bajaj Finance, HDFC, M&M and HDFC Bank lost 0.9% to 2.5%.

Interestingly, the upswing in the heavyweight shares of Axis Bank and ICICI Bank contributed the most in the Sensex upsurge adding about 103 points whereas a decline in shares of HDFC Bank and HDFC wiped off around 60 points from the index.

In the intraday dealings on Tuesday, the benchmark Sensex shuttled between a high of 33,949.98 and a low of 33,813.3.

Among the stack of ‘A’ group of BSE, shares of Bajaj Hindusthan Sugar, Nilkamal, Praj Industries, IIFL and Oberoi Realty surged up to 6% while shares of Vakrangee, Trent, Mahanagar Gas, Sunteck Realty and Indraprastha Gas tanked 2 to 5%.

Out of the 2,840 total traded companies on Tuesday, 1,430 scrips ended in red, 1,274 stocks closed in green while 136 shares concluded unchanged on Bombay Stock Exchange.

Opinion Poll
With assembly election ahead With assembly election ahead, well known Digital Media platform clipper28.com 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.
Name
Age
Assembly Segment
Phone Number
Which party will emerge as the single largest party?
Which party will win how many seats?
Whom would you like to see as next Chhattisgarh Chief Minister?
Have you witnessed development work in your area?
Do you think that farmers of Chhattisgarh are satisfied with BJP government?
Do you think youngsters are happy with employment scenario created by Chhattisgarh/state government?
Do you think state government has done enough on issue of women empowerment?
Are you satisfied with work done by your legislator? Have electoral promises been fulfilled or not?
Are you satisfied with the amenities provided by the government in your area?
Do you think the state government has successfully tackled naxal menace?
Are you satisfied with work done by different state Ministers?

Please do vote...

ओपिनियन पोल
छत्तीसगढ़ की आगामी विधानसभा चुनाव के लिए डिजिटल मीडिया ‘clipper28.com’ 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
नाम
विधानसभा क्षेत्र
आयु
फ़ोन नं
विधानसभा चुनाव में सबसे बड़ी पार्टी कौन सी होगी ?
किस पार्टी को कितनी सीटें मिलेगी?
अगले मुख्यमंत्री के रूप में किसे देखना चाहेंगे?
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?
क्या आप अपने क्षेत्र की सरकारी सुविधाओं सेसंतुष्ट हैं?
क्या नक्सली समस्या पर नियंत्रण हुआ है?
क्या प्रदेश के मंत्रियों के कामकाज से संतुष्ट हैं?
-देश हित के लिए मतदान अवश्य करें-
Tags

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.