BusinessShare Market

Sensex Extends Gains To Third Day, Ends Near 3-Month High

There is some profit-booking in Reliance, plus the market was anticipating much better numbers from Jio, he added.

The Sensex and Nifty rose to near three-month highs today, extending their gains to a third session in a row. Financials and technology shares led the advances, with higher global markets also supporting the sentiments.

The Sensex rose 190 points to end at 35,160 while the Nifty settled 47 points higher at 10,739.

Asian shares extended gains as tensions in the Korean Peninsula eased and first-quarter earnings shone, even though some investors were cautious about the outlook amid the backdrop of a simmering US-China trade dispute.

Here are 10 things to know about today’s trading session:

1)Gains were led by PSU banking and IT stocks, with the NSE’s sectoral sub-indices closing 1.7 per cent and 1.4 per cent higher.

2)Thirty four stocks on the 50-scrip NSE benchmark index Nifty ended in the positive zone.

3)Yes Bank, HUL, Ambuja Cements and TCS were the top gainers on the Nifty 50, finishing the session with gains around 2-4 per cent.

4)Among financial stocks, HDFC closed 1.6 per cent higher while Kotak Mahindra Bank rose 1.9 per cent.

5)HDFC reported a net profit of Rs. 2,846 crore in the January-March quarter, a year-on-year increase of 39 per cent compared with Rs. 2,044 crore for the quarter ended March 2017.

6)Private sector bank Kotak Mahindra Bank reported a 27 per cent increase in net profit to Rs. 1,789 crore for the January-March quarter.

7)”We’re following the global trend, and there has not been any major disappointment in the domestic earnings season,” said Sumit Pokharna, deputy vice president, Kotak Securities.

8)There is some profit-booking in Reliance Industries, plus the market was anticipating much better numbers from Jio, he added. Gains were, however, capped as index heavyweight Reliance Industries fell nearly 3 per cent.

9)Reliance Industries closed at a loss of 3.2 per cent. On Friday, Reliance Industries had reported a consolidated net profit of Rs. 9,435 crore, up 17.3 per cent from Rs. 9,423 crore for the quarter ended December 2017. Reliance Jio Infocomm posted a profit of Rs. 510 crore in the quarter ended March 31.

10)The stock markets will remain shut on Tuesday.

Review Date
Reviewed Item
Sensex Extends Gains To Third Day, Ends Near 3-Month High
Author Rating
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.
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 ‘’ 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
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-

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.