Profit

Sensex Rises Over 200 Points From Day's Low In Choppy Trade: 10 Things To Know

The Sensex had ended up 10.25 points at 38,730.82 on Tuesday, after shedding 1,187.49 points, or 2.98 per cent - in the past two sessions.

 Share
EMAIL
PRINT
COMMENTS
Sensex Rises Over 200 Points From Day's Low In Choppy Trade: 10 Things To Know

The S&P BSE Sensex opened 28.83 points lower at 38,701.99

Domestic stock markets recovered early losses on Wednesday in choppy trade, amid a cautious trend in Asian peers. The S&P BSE Sensex opened 28.83 points lower at 38,701.99, and moved in a range of 244.56 points in the first hour of trade, to touch 38,854.85 and 38,610.29 at the day's strongest and weakest points respectively. The NSE Nifty index moved between 11,516.30 and 11,593.10, as against its previous close of 11,555.90. Analysts awaited key macroeconomic data and corporate earnings announcements by large cap companies due this week.
Here are 10 things to know:
  1. At 9:42 am, the Sensex traded 99.33 points - or 0.26 per cent - higher at 38,830.15, while the Nifty was up 22.30 points - or 0.19 per cent - at 11,578.20. 
  2. Market breadth favoured gains, with 871 stocks trading higher on the Bombay Stock Exchange (BSE), against 567 struggling with losses. On the National Stock Exchange (NSE), 932 stocks advanced while 605 declined. 
  3. Top percentage gainers on the 50-scrip index at the time were Zee Entertainment, Coal India, Yes Bank, HCL Tech and Britannia, trading between 1.18 per cent and 2.13 per cent higher.
  4. Prominent laggards included Tata Motors, Bajaj Finance, Hindalco, Tata Consultancy Services (TCS) and JSW Steel, struggling with losses of between 0.67 per cent and 1.83 per cent. 
  5. Infosys, HDFC and HDFC Bank were the top contributors to the advances in Sensex, while TCS, Bajaj Finance and Tata Motors were the top drags. 
  6. TCS shares were in focus a day after the IT major reported a net profit of Rs 8,131 crore for the quarter ended June 30, 2019, beating analysts' estimates and kicking off the earnings.
  7. The government is due to release data on industrial production and consumer inflation on Friday. On the same day, Infosys will be releasing its earnings for the quarter ended June 30.
  8. Equities in other Asian markets inched ahead with MSCI's broadest index of Asia-Pacific shares outside Japan advancing 0.2 per cent after three sessions of losses. South Korea shares climbed 0.6 per cent, but Japan's Nikkei benchmark dropped 0.15 per cent. 
  9. Overnight on Wall Street, the Dow ended down 0.08 per cent, while the S&P 500 and the Nasdaq added 0.12 per cent and 0.54 per cent respectively.
  10. The Sensex had ended up 10.25 points at 38,730.82 on Tuesday, after shedding 1,187.49 points, or 2.98 per cent - in the past two sessions. The 50-scrip Nifty index fell 390.85 points - or 3.27 per cent - in the three-day period.

(With inputs from Reuters)





Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top