Positive Milieu In Stock Market, Rupee Remains At Fall

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Positive Milieu In Stock Market, Rupee Remains At Fall
Aditi Jain - 09 July 2018

Monday’s stock market ended positive for both the benchmark indices as the Sensex gained 276.86 points or 0.78 per cent and the Nifty secured 80.25 points or 0.74 per cent. The Sensex closed at 35,934.72 and the Nifty stood at 10,852.90 at the end of the day’s trading.

Time Technoplast Ltd, Hexaware Technologies Ltd and Indo Count Industries Ltd took the lead in today’s market while Bharat Electronics Ltd, Den and Avanti Feeds Ltd were the top losers at the BSE.

The NSE saw Asian Paints, Yes Bank and Dr Reddy’s Laboratories as the major gainers whereas UltraTech Cement, TCS and Titan were the top washouts.

The Indian Rupee fell by 0.1575 paise or 0.23 per cent to the US Dollar to stand at Rs 68.7150, at the time of closing.

The S&P BSE Midcap and Smallcap indices gained 189.46 points or 1.23 per cent and 254 points or 1.58 per cent, respectively. The Midcap Index stood at 15,581.08 and the Smallcap Index closed at 16,313.94, at the end of the trading session.

The Asian markets closed higher today as the shares of China took a lead in the region. Nikkei, Shanghai Composite, Hang Seng, CAC 40 and FTSE 100 secured 1.21 per cent, 2.47 per cent, 1.32 per cent, 0.19 per cent and 0.24 per cent, respectively while DAX was neither gaining nor losing.

The commodities sector was also on clinching mode as the gold prices rose by Rs 170 or 0.56 per cent and stood at Rs 30,730 per 10 grams and Brent Crude procured Rs 7 or 0.14 per cent to close at Rs 5,082 per bbl, at the time of filing the report.

Axis Bank, State Bank of India and HDFC Bank were dominating the market by securing 9.40 points or 1.83 per cent, 3.90 points or 1.51 per cent and 7.25 points or 0.34 per cent, respectively, according to the BSE, at market closing.

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