Monday 17 August 2015

Sensex up 100 pts, Nifty hits 8500; SBI, Bharti gainers -- 18 Aug 2015

Bharti Airtel, Hindalco, SBI, Bajaj Auto and BHEL are top gainers in the Sensex. Among the losers are Coal India and Vedanta.

                                       
The Sensex is up 113.13 points or 0.4 percent at 27991.40 and the Nifty is up 33.50 points or 0.4 percent at 8510.80. About 1357 shares have advanced, 479 shares declined, and 85 shares are unchanged.Infosys, TCS, Tata Steel, Wipro and Vedanta are top gainers while GAIL, Coal India, Tata Motors and NTPC are among laggards in the Sensex.
The market has opened higher aided by global support. The Sensex is up 100.92 points or 0.4 percent at 27979.19 and the Nifty is up 28.55 points or 0.4 percent at 8505.85. About 402 shares have advanced, 110 shares declined, and 58 shares are unchanged. Bharti Airtel, Hindalco, SBI, Bajaj Auto and BHEL are top gainers in the Sensex. Among the losers are Coal India and Vedanta. Asian shares eked out marginal gains in early trade, buoyed by a positive handover from Wall Street overnight, and as investors digested China's latest home price data. Wall Street advanced overnight on the back of positive homebuilder data. The tech-heavy Nasdaq led gains with a 0.9 percent rise, as investors scooped up battered biotech plays. The Dow Jones Industrial Average and the S&P 500 notched up 0.4 and 0.5 percent, respectively. Among other asset classes, the US dollar was up against a basket of major currencies, crude continued to trade lower following continuing slowdown concerns in China while gold held steady.

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