Indices close at record highs; Sensex ends above 40k-mark for first time
All that happened in the stock market
 "Representative image")
Representative image
Benchmark indices Sensex and Nifty hit new closing highs on Monday, lifted by gains in heavyweights such as the HDFC twins and Reliance Industries, as fall in crude oil prices and hope of rate cut by the RBI's Monetary Policy Committee (MPC) to arrest growth slowdown lifted investor sentiment.
The fourth-quarter growth numbers have forced many analysts to weigh in on a definite rate cut at Thursday’s monetary policy review, a Business Standard report said. READ THE FULL REPORT HERE
The indices also hit their respective fresh all-time highs in intra-day trading, with Sensex touching the 40,308.90 level and Nifty at 12,103.05.
The broader Nifty50 index ended the day 166 points, or 1.39 per cent, higher at 12,089 levels.
Among sectoral indices, only Nifty Media ended Monday's session with losses, with Nifty Auto, Nfity Fin Service, Nifty FMCG, Nifty IT, and Nifty Metal, all gaining over 1 per cent.
In the broader market, the S&P BSE MidCap index rose 136 points, or 0.9 per cent, to end the day around 15,232 levels, while the S&P BSE SmallCap index gained 71 points, or 0.48 per cent, to settle at 14,938 levels.
Shares of Hero MotoCorp (HMCL) rose 6.01 per cent to Rs 2842.5 on the BSE on Monday after the company reported a 13.5 per cent rise in sales to 652,028 units in May over the previous month. The company had sold 574,366 units in April 2019, it said in a BSE filing. READ MORE
Shares of aviation companies were in focus after they rallied up to nearly 8 per cent on the BSE during the early morning trade on Monday. Heavy volumes of shares were being traded at the bourses after Indian Oil Corporation slashed Aviation Turbine Fuel (ATF) price, which makes up 40 per cent of an airline's cost structure, for the first time in the past five months. READ MORE
Shares of Apollo Hospitals Enterprises surged 9.71 per cent to Rs 1,360 on the BSE on Monday, after the company reported a more-than-doubled consolidated net profit at Rs 84.4 crore in March quarter (Q4FY19). The Chennai-based hospital chain had posted a profit of Rs 23.8 crore in the year-ago quarter. READ MORE
4:00 PM
» More on 52 Week High![]()
Stocks that hit 52-week high on S&P BSE Sensex
| COMPANY | PRICE(rs) | 52 WK HIGH | CHG(rs) | CHG(%) |
|---|---|---|---|---|
| ASTRAL POLY | 1330.00 | 1349.00 | 8.40 | 0.64 |
| ATUL | 3996.20 | 4090.00 | -50.85 | -1.26 |
| BAJAJ FINSERV | 8335.00 | 8350.00 | 155.15 | 1.90 |
| BLUE STAR | 798.00 | 812.00 | -8.30 | -1.03 |
| CENTURY TEXTILES | 1065.95 | 1066.55 | 42.55 | 4.16 |
3:59 PM
» More on Top Gainers![]()
Top gainers on BSE500
| COMPANY | PRICE(rs) | CHG(rs) | CHG(%) | VOLUME |
|---|---|---|---|---|
| INFO EDG.(INDIA) | 2283.00 | 243.50 | 11.94 | 48462 |
| APOLLO HOSPITALS | 1356.20 | 116.60 | 9.41 | 265387 |
| PAGE INDUSTRIES | 20950.00 | 1262.40 | 6.41 | 5776 |
| CAPLIN POINT LAB | 430.35 | 25.70 | 6.35 | 12402 |
| INDIABULLS VENT. | 313.00 | 18.05 | 6.12 | 213451 |
3:58 PM
Heatmap: S&P BSE Sensex
3:58 PM
Nifty sectoral indices at close
3:57 PM
Market at close
3:37 PM![]()
Market at close
The S&P BSE Sensex ended at 40,268, up 553 points while the broader Nifty50 index settled at 12,089, up 166 points.
3:17 PM
Info Edge zooms 13%
2:58 PM
Page Industries gains over 6%
2:58 PM![]()
NEWS ALERT | Gold prices hit two-month high on recession concerns: Reuters
- Spot gold was up 0.7% at $1,314.11 per ounce at 1:15 pm, after touching its highest since March 27 at $1,314.33.
- Gold prices rose on Monday to their highest in more than two months as heightened Sino-U.S. trade tensions and Washington’s threat of tariffs on Mexico stoked worries of a global recession.
- US gold futures rose 0.6% to $1,319.40 an ounce.
- Gold prices rose on Monday to their highest in more than two months as heightened Sino-U.S. trade tensions and Washington’s threat of tariffs on Mexico stoked worries of a global recession.
2:56 PM
Triveni Engineering & Industries is trading over 9% higher
2:54 PM![]()
NEWS ALERT | Triveni Engg board approves share buyback for up to 1 cr shares: CNBC TV18
- Price of each share at Rs 100
2:45 PM![]()
NEWS ALERT | Look to start India-specific index for Broadband: Ravi Shankar Prasad
- Will start trial within 100 days.
- Also plan to start 1 lakh digital villages
(As reported by CNBC TV18)
- Also plan to start 1 lakh digital villages
(As reported by CNBC TV18)
2:44 PM
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Adani Gas, Gujarat Gas, IGL ride strong Q4 earnings to hit record highs
Shares of gas distribution companies – Adani Gas, Gujarat Gas Company and Indraprastha Gas (IGL) – hit their respective record highs on the BSE on Monday, after reporting strong earnings in March quarter (Q4FY19). Adani Gas rallied 9 per cent intra-day to quote Rs 180 apiece during the afternoon session, extending its previous week’s gaining streak of 21 per cent. The Gautam Adani-led city gas distribution (CGD) company logged a 91 per cent year-on-year (Y-o-Y) growth in consolidated net profit at Rs 75.75 crore in Q4FY19 from Rs 39.65 crore in previous year quarter. READ MORE
2:42 PM
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Over 6,800 cases of bank fraud involving Rs 71,500 crore in 2018-19: RBI
As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal (increase of over 73 per cent in the fraud amount), the Reserve Bank of India (RBI) said in reply to an RTI query filed by this PTI journalist.
In the last 11 fiscal years, a total of 53,334 cases of fraud were reported by banks involving a massive amount of Rs 2.05 lakh crore, the central bank's data said. READ MORE
2:36 PM
Market breadth in favour of advance
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First Published: Jun 03 2019 | 7:23 AM IST
