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		markets</div></div>

markets

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					After hitting a record high of 39,115.57 in the intra-day trade, the S&P BSE Sensex trimmed gains in the fag-end of the session to end at 38,837, up 164 points or 0.42 per cent. While stocks such as Reliance Industries (RIL), Infosys and TCS lifted the index higher, profit-booking in financial stocks including HDFC, Axis Bank, IndusInd Bank and HDFC Bank capped its gains.</div>
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					The broader Nifty50 index, too, slipped from the day&#39;s high of 11,738.10 to settle at 11,656, up 32 points or 0.27 per cent. Out of 50 constituents, 28 ended in the green while 22 declined.&nbsp;</div>
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					Volatility index India VIX rose 4.55 per cent to end at 17.96.&nbsp;</div>
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					In the broader market, the S&P BSE MidCap index climbed 59 points or 0.38 per cent to close at 15,539 whereas the S&P BSE SmallCap index gained 110 points or 0.73 per cent to end at 15,137.</div>
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					Sectorally, realty stocks bled the most followed by recent outperformer Nifty Bank. Media stocks, too, slipped in the trade. The Nifty Bank index fell 176 points or 0.58 per cent to end at 30,251.</div>
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					<strong>BUZZING STOCKS</strong></div>
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					Shares of Reliance Industries (RIL), which hit a new high of Rs 1,406.50 in intra-day trade on Monday, is set to become the first Indian listed company to cross the Rs 9,00,000 crore or Rs 9 trillion market capitalisation on the BSE. The stock, eventually, closed at Rs 1,392, up 2 per cent on BSE.</div>
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					Tata Motors ended over 7 per cent higher at Rs 187 after the company&rsquo;s wholly-owned subsidiary Jaguar Land Rover (JLR) said it expects better financial results for the quarter ended March 2019 (Q4FY19).</div>
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Embassy Office Parks REIT rose as much as 5.9 per cent to Rs 317.70 apiece in the early morning trade on BSE after making a debut at Rs 300, the same as the issue price. The stock ended at Rs 314.10 apiece, up 4.70 per cent.&nbsp;&nbsp;<br />
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	<strong>GLOBAL CUES</strong></div>
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	Asian stocks powered higher on Monday as positive Chinese factory gauges and signs of progress in Sino-US trade talks boosted sentiment. MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan added 1 per cent and the Shanghai Composite Index rallied 2.4 per cent. Australian stocks climbed 0.6 percent, South Korea&rsquo;s KOSPI gained 1.3 percent and Japan&rsquo;s Nikkei advanced 1.4 per cent.</div>
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	<em><strong>(With inputs from Reuters)</strong></em></div>

MARKET WRAP: Sensex falls 278 points from day's high; Nifty ends at 11,656

Business Standard

MARKET WRAP: Sensex falls 278 points from day's high; Nifty ends at 11,656 | News on Markets - Business Standard

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Cement stocks rally; JK Lakshmi, India Cements, Orient Cement up over 5%

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	Shares of cement companies rallied by up to 7 per cent on the bourses on news of price hike, which is likely to improve margin going forward. JK Lakshmi Cement, Orient Cement, India Cements and HeidelbergeCement India rallied more than 5 per cent each on the BSE while ACC, Ambuja Cements and UltraTech Cement, Ramco Cements, JK Cements and Shree Cement were up 1 to 3 per cent in intra-day trade on Monday. <a href="https://www.business-standard.com/article/markets/cement-stocks-rally-jk-lakshmi-india-cements-orient-cement-up-over-5-119040100205_1.html?1554097336" target="_blank"><strong>READ MORE</strong></a><br />
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All the sectoral indices are trading in the green, led by Nifty Metal

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SRF slips 5% as Gujarat pollution board orders shutdown of Dahej plant

Shares of SRF slipped over 5 per cent to Rs 2,281.25 on the BSE in early morning trade after Gujarat Pollution Control Board directed the company to close the operations of its industrial plant at Dahej in Gujarat due to alleged non&mdash;compliance with the Water (Prevention and Control of Pollution) Act, 1974. <a href="https://www.business-standard.com/article/markets/srf-slips-5-as-gujarat-pollution-board-orders-shutdown-of-dahej-plant-119040100150_1.html" target="_blank"><strong>READ MORE</strong></a>

Embassy Office Parks REIT makes stock market debut, climbs 6% on BSE

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	Units of Embassy Office Parks REIT rose as much as 5.9 per cent to Rs 317.70 apiece in the early morning trade on BSE after making a debut at Rs 300, the same as the issue price. The issue, which opened for subscription during March 18-20, was subscribed 2.57 times at the end of the three-day bidding process, helping the firm raise Rs 4,750 crore. The price band of the offer has been fixed Rs 299 - Rs 300. <a href="https://www.business-standard.com/article/markets/embassy-office-parks-reit-debuts-on-bourses-climbs-6-on-bse-119040100169_1.html" target="_blank"><strong>READ MORE</strong></a></div>

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NEWS ALERT | Maruti Suzuki India March total sales down 1.6% to 1.58 lakh units

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NEWS ALERT | Nifty tops 11,700 for the first time since September 2018

Tata Motors gains 5% as JLR expects earnings to improve in Q4

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	Shares of Tata Motors were trading 5 per cent higher at Rs 183 on the BSE in early morning trade after the company&rsquo;s wholly-owned subsidiary Jaguar Land Rover (JLR) said it expects improved financial results for the quarter ended March 2019 (Q4FY19). In comparison, the benchmark S&amp;P BSE Sensex was up 0.62 per cent at 38,913 level at 09:39 am. <a href="https://www.business-standard.com/article/markets/tata-motors-gains-5-as-jlr-expects-improved-q4-earning-119040100138_1.html?1554093290" target="_blank"><strong>READ MORE</strong></a><br />
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		<img align="" alt="JLR's UK and Europe sales dropped 12 per cent and 5.3 per cent, respectively, in 2017-18, against a year ago" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2018-04/17/full/1523979015-4748.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="JLR's UK and Europe sales dropped 12 per cent and 5.3 per cent, respectively, in 2017-18, against a year ago" width="620" /></div>
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Nifty Metal index is trading over 2.5% higher

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NEWS ALERT | Embassy REIT lists at Rs 309.59 per share on Exchanges

MARKET WRAP: Sensex falls 278 points from day's high; Nifty ends at 11,656

All that happened in markets today

Motherson Sumi gains 2.7%

Cement stocks rally; JK Lakshmi, India Cements, Orient Cement up over 5%

All the sectoral indices are trading in the green, led by Nifty Metal

SRF slips 5% as Gujarat pollution board orders shutdown of Dahej plant

Embassy Office Parks REIT makes stock market debut, climbs 6% on BSE

Market check

NEWS ALERT | Maruti Suzuki India March total sales down 1.6% to 1.58 lakh units

Sensex above 39,000

Andhra Bank surges over 13%

NEWS ALERT | Nifty tops 11,700 for the first time since September 2018

NEWS ALERT | Nifty above 11,700

NEWS ALERT | Sensex hits record high

Tata Motors gains 5% as JLR expects earnings to improve in Q4

Nifty Metal index is trading over 2.5% higher

NEWS ALERT | Embassy REIT lists at Rs 309.59 per share on Exchanges