Wednesday, December 19, 2018

Stock Market Opening Bell & Market Update for 19-12-2018


Nifty surges past 10,900, Sensex up over 100 points; IT stocks drag on stronger rupee
  
Market opens It is a good start to the market on Wednesday morning, with the Nifty surging past 10,900-mark.  
The Sensex is up 94.64 points or 0.26% at 36441.72, while the Nifty is higher 30.50 points or 0.28% at 10939.20. The market breadth is positive as 378 shares advanced, against a decline of 68 shares, while 24 shares were unchanged.

Among sectors, automobiles, banks, energy and metal indices are trading in the green. Meanwhile, the Nifty IT index is down around half a percent due to appreciating rupee.  

Shares of Yes Bank, Asian Paints, Indiabulls Housing and HPCL gained the most, while Hero MotoCorp, Power Grid, Infosys and Zee Entertainment are the top losers.

Rupee update The Indian rupee, on Wednesday, opened over 34 paise higher against the US dollar at 70.10 per US dollar.

Stocks in the News: Dr Reddy's Labs, NTPC, Fortis Health, J Kumar Infra, Welspun Enterprises


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