Mumbai: The 30-share bellwether BSE Sensex on Tuesday was trading over 90 points higher tracking gains in global markets.
At 9.29am, the Sensex was trading up 0.44%, or 92.16 points, at
20,903.6 points, while the National Stock Exchange’s (NSE’s) broader
50-share Nifty was trading higher 0.48%, or 29.7 points, at 6,215.8
points.
The gainers included Bharti Airtel Ltd that rose 1.18% to Rs.286.25 and ICICI Bank Ltd that jumped 1.14% to Rs.1,048.
Among the losers, Dr Reddy’s Laboratories Ltd shares lost 0.45% to Rs.2,782.5 and Maruti Suzuki India Ltd fell 0.09% to Rs.1,681.90.
All sectoral indices are in green. The BSE Bankex index
rose 0.72% to be the biggest gainer, while the S&P BSE consumer
durable index rose 0.6%.
Financial Technologies (India) Ltd (FTIL) was trading at Rs.329.4 on BSE, up 2.08% from its previous close, while Multi Commodity Exchange of India Ltd (MCX) was trading at Rs.506.6 on BSE, up 0.91% after sources said that corporate affairs ministry has found that the management of National Spot Exchange Ltd (NSEL) violated companies law and that the board of its parent FTIL may be liable for the breaches.
Ranbaxy Laboratories Ltd was trading at Rs.359.30 on BSE, down 1.11% after Daiichi Sankyo Co. Ltd
said on Tuesday its Indian unit Ranbaxy has suspended shipment of
pharmaceutical ingredients produced at its Toansa and Dewas plants.
US markets closed lower on optimism about merger activity
and gains in shares of health insurance companies. The Dow closed up
0.64%, while the S&P 500 gained 0.62% and the Nasdaq 0.69%.
Asian markets were trading higher. Japan’s Nikkei Stock
Average gained 1.35%, Hong Kong’s Hang Seng was up 0.51%, while China’s
Shanghai Composite was marginally down 0.01%.
ONIKA JAISWAL
PGDM 1ST YEAR
2013-15
SOURCE - LIVE MINT
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