Market edged higher, ahead of IIP and inflation data to be released later today, while GST rate reduction positivity lent some support, and metal and realty stocks saw momentum. An improved forecast for industrial production may be an indication that the GST-related woes have started to subside, but the investors will be focusing largely on stock-specific moves on account of corporate earnings season.
3:51 PM
Sectoral trend
Source: NSE
3:47 PM
Sensex heatmap at close
Source: BSE
3:45 PM
Market breadth
The broad market depicted strength. There were two gainers against every loser on BSE. 1,696 shares rose and 971 shares fell. A total of 131 shares were unchanged.
3:43 PM
Broader markets
Broader markets mirrored tha gains in the frontline indices with the BSE Midcap and the BSE Smallcap indices gaining 1% each.
3:42 PM
Markets at close
The S&P BSE Sensex ended at 32,182, up 348 points, while the broader Nifty50 settled at 10,096, up 111 points.
3:25 PM
RIL hits record high
Shares of Reliance Industries rallied over 4% to hit its record high of 875 ahead of its September quarter earnings due tomorrow. READ MORE
Man Industries was locked in upper circuit of 20% at Rs 110, also its 52-week high on the BSE, after the company received order worth Rs 925 crore from GAIL (India). READ MORE
3:11 PM
Adani Transmission rallies for 12th straight day
Adani Transmission is locked in upper circuit of 5% at Rs 213, extending its 15% gain of the last two trading sessions on the BSE, after the company said Reliance Infrastructure (RInfra) entered into exclusive talks with the company for selling its Mumbai power business. READ FULL REPORT
3:03 PM
European markets
European markets were trading sideways even as Asian markets traded near decade-high and Wall Street logged fresh highs overnight.
The pan-European STOXX 600 index was up 0.01 percent in early deals with no clear direction across the continent. France’s CAC 40 and Spain’s IBEX were down 0.1 percent while Frankfurt’s DAX and the FTSE 100 were very slightly up.
2:54 PM
Top 5 stocks that are pulling Nifty higher
Source: NSE
2:51 PM
Markets at day's high: Sensex above 32,000, Nifty regains 10,050
At 2:50 pm, the S&P BSE Sensex was trading at 32,098, up 264 points, while the broader Nifty50 was ruling at 10,066, up 82 points.
2:18 PM
Can RJio dent RIL's Q2 performance? Here's what analysts say
Reliance Industries, India's most valuable company by market capitalisation (market-cap), is scheduled to report its September quarter earnings post market hours on Friday. Though the Mukesh Ambani - controlled company is likely to report a healthy growth in profit after tax (PAT) on a standalone basis for 11th quarter in a row thanks to record growth in refining and petrochemical businesses, its telecom unit Reliance Jio could impact consolidated results, analysts say. READ BROKERAGE VIEWS
2:00 PM
Reliance Nippon sets price band for IPO
Reliance Nippon Life Asset Management on Thursday fixed a price band of Rs 247-252 per equity share for its initial public offering, through which it expects to raise Rs 1,542 crore. READ MORE DETAILS