Sensex Up Over 50 Points, Nifty Above 8,800; Energy Stocks Gain-19-Sep-2016


10.05 a.m.: Broader indices traded higher, the BSE Mid Cap and BSE Small Cap indices were up 0.55 per cent and 0.53 per cent respectively.

9.50 a.m.: Buying in energy and metal stocks pushed frontline indices higher. The Sensex was up 37 points at 28,636 and the Nifty traded 21 points higher at 8,801. The energy and metal sub-index of NSE- Nifty Energy and Nifty Metal were up 0.62 and 0.85 per cent respectively.
ONGC was the top gainer in Nifty, up 1.7 per cent. NTPC, Gail India also gained nearly 1 per cent each.

9.35 a.m.: Markets slipped in to red as Infosys, Maruti Suzuki fell over 1 per cent each to be the top two losers in the Nifty50 index. The Sensex was down 14 points, while the Nifty traded below the 8,800 mark.

9.20 a.m.: Markets opened marginally higher. The Sensex rose over 60 points to 28,609 while the Nifty50 index gained nearly 30 points to 8,809. Buying was visible in banking, auto and energy stocks.

ICICI Bank was the top gainer in the Nifty, up 1.7 per cent as the IPO of its insurance arm opened today. UltraTech Cement, Auro Pharma, Bank of Baroda and Gail India were the other prominent gainers in the index, up over 1 per cent each.

Meanwhile, Infosys was the top loser in the Nifty, down 1.2 per cent at Rs. 1,048. Axis Bank, Power Grid, Bosch and Maruti Suzuki were the other big losers in the index.

9.00 a.m.: Rupee opens higher at 66.95 per dollar against previous close of 66.98.

8.00 a.m.: Indian equity markets are likely to open flat on Monday, according to Nifty futures trading on Singapore Exchange (SGX). As of 7.45 a.m., the SGX Nifty was up 1 point at 8,809, indicating a lacklustre opening for equities.

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