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Sensex rings in FY19 with 287-point rise, Nifty50 ends above 10,200

Domestic equity benchmarks Nifty50 and Sensex witnessed sharp gains on the first trading session of financial year 2019 on rally in auto and pharma stocks.

Domestic equity benchmarks Nifty50 and Sensex witnessed sharp gains on the first trading session of financial year 2019 on rally in auto and pharma stocks.

The 30-share Sensex closed 287 points, or 0.87 per cent, up at 33,255, while the Nifty index settled 98 points, or 0.97 per cent, up at 10,212. On BSE, 2,104 stocks advanced compared with 532 decliners.

BSE Midcap and Smallcap indices closed 1.40 per cent and 2.35 per cent up,

“Market witnessed intermittent volatility, but managed to trade with gains. Barring banks, all other sectoral indices on NSE traded in the positive zone. Metals and mining stocks traded on a firm note as copper prices rose in the global commodity markets,” said Karthikraj Lakshmanan, Senior Fund Manager-Equities, BNP Paribas MF.

Healthy and sustained buying across the spectrum amid firm global cues boosted investor sentiment. Value buying was observed in all sectors and barring oil & gas and bank, each sector registered a positive closing on BSE on Monday.

Auto stocks hogged limelight on Monday with Maruti SuzukiBSE 1.65 % and Tata MotorsBSE 3.47 % figuring among top gainers, buoyed by upbeat March sales numbers.

While Tata Motors reported on Sunday a 35 per cent increase in total sales in March, country’s largest car-maker Maruti Suzuki India (MSI) reported a 14.9 per cent increase in total sales in March.

Adani Ports, Kotak Mahindra Bank, Hero MotoCorp and Wipro remained among the top gainers of the day.

Shares of Dilip Buildcon climbed 10 per cent on Monday after Bank of America Merrill Lynch (BofAML) initiated coverage on the stock with ‘Buy’ rating citing superior execution to underpin a scaling up.

On the other hand, ICICI BankBSE -5.93 %, Axis Bank, State Bank of India, Coal India and Bharti AirtelBSE -1.12 % remained the losers on Monday’s session.

ICICI Bank closed down 6 per cent on Monday after an ET report suggested that the CBI will soon call Videocon Chairman Venugopal Dhoot and ICICI Bank chief Chanda Kochhar’s husband Deepak Kochhar for examination in the loan transaction case. Besides, the RBI has penalised the lender for selling stipulated debt securities in violation of regulatory directions.

Axis Bank fell over 2 per cent on Monday after the Reserve Bank of India asked the lender’s board to reconsider the fourth three-year term it handed to CEO Shikha Sharma last year.

Asian stocks posted mild gains on Monday in the wake of decent gains in global stocks last week, Reuters reported.

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-
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