Monday, May 20, 2019

Stock Market News,Opening Bell, Rupee Update & Results for 20-May-2019


Nifty above 11,650, Sensex up 900 pts; IT stocks under pressure

Market Opens: The benchmark indices opened gap-up after Exit Polls for the Lok Sabha Election 2019 projected a BJP led NDA to register a comfortable victory.

The Sensex is up 811 points or 2.14% at 38741.77, while Nifty is up 242.10 points or 2.12% at 11649.30.  About 952 shares have advanced, 100 shares declined, and 34 shares are unchanged. 

Yes Bank, M&M, IndusInd Bank, L&T, Bajaj Finance, Adani Enetrprises, HPCL, BPCL, Tata Motors, ICICI Bank, HDFC Bank and Sobha are among major gainers on the indices, while losers include Jubilant Life, Infosys and Tech Mahindra.

Except IT, all the sectoral indices are trading in green led by bank, auto, energy, infra and FMCG

Rupee Opens: The Indian rupee gained in the early trade on Monday. It opened higher by 73 paise at 69.49 per dollar on Monday versus previous close 70.22.

Stocks in the news: Tata Motors, BPCL, Cipla, Alkem Lab, Fortis Health, TRF

Results Today: BPCL, HPCL, Tata Motors, Alchemist, Bharat Forge, Celebrity Fashions, Dhampur Sugar Mills, Glaxosmithkline Pharmaceuticals, HEG, Indostar Capital Finance, Torrent Pharmaceuticals, NDTV, Simplex Projects, Kernex Microsystems, SREI Infrastructure Finance.


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