Indices
erase gains, Nifty above 11,500, Sensex up 780 pts; FMCG stocks shine
Market
Opens: It is a strong start for the Indian indices
on September 23 on the back of huge buying seen from FIIs as well as domestic
investors post corporate tax cut by the Finance Minister on September 20.
At 09:17 hrs IST, the Sensex is up
909.18 points or 2.39% at 38923.80, and the Nifty up 276.60 points or 2.45% at
11550.80. About 836 shares have advanced, 135 shares declined, and 30 shares
are unchanged.
Britannia Industries, ITC, L&T,
IndusInd Bank and Eicher Motors are among major gainers on the Nifty, while
losers on the indices are Reliance Capital, Cox & Kings and Ruchi Soya.
Except IT, all other indices are trading
higher led by the FMCG, infra, auto, bank, metal and energy.
Rupee
Opens: The Indian rupee slipped in the early trade
on Monday. It opened lower by 10 paise at 71.04 per dollar versus Friday's
close 70.94.
Stocks
in the news: Biocon, Petronet LNG, Hero Moto, Alkem
Lab, PNB, Cipla, Torrent Pharma
0731-4986981
No comments:
Post a Comment