Market Live: Sensex rises over 300 points, Nifty near 10,350, HDFC Bank | Indian Share Market

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Market Live: Sensex rises over 300 points, Nifty near 10,350, HDFC Bank

BSE Sensex rises over 300 points, while the Nifty 50 trades above 10,360. Here are the latest updates from the markets

Mumbai: The BSE Sensex opened higher on Friday against the previous session’s closing. The broader NSE Nifty, too, rose in the morning hours. The Indian rupee hit a three-week high against the US dollar in opening trade. The shares of HDFC Bank, Bajaj Auto, L&T rose, whereas the shares of Kotak Bank and Power Grid fell.

10 am IST
Market update
BSE Sensex trades higher by 333.52 points, or 1.00%, to 33,580.22, while the Nifty 50 rose 112.20 points, or 1.09%, to 10,364.30.

9.57 am IST
Gujarat-based companies’ shares rise
Gujarat-based companies surged after exit polls showed that Bharatiya Janata Party will retain its government in the state. Adani Ports rose 2.4%, Adani Enterprises Ltd 3.3%, Adani Power 2.5%, Adani Transmission 3.6%, Gujarat Narmada Valley Fertilizers rose 3.1%, Gujarat State Fertilizers & Chemicals Ltd
3.5%, Gujarat Industries Power Co. Ltd 2.5%, Gujarat Hotels Ltd 3.2% and Gujarat NRE Coke Ltd 2.6%.

9.55 am IST
HDFC Bank shares gain
HDFC Bank Ltd rose 2.1% to Rs1,876, while HDFC Ltd rose 0.6% to Rs1,719.55. Both HDFC Bank and HDFC said that its board will meet on 19 and 20 December, respectively, to consider a fund-raising proposal.

9.53 am IST
Astrazeneca Pharma shares rise on India import nod Astrazeneca Pharma India Ltd rose 3.4% to Rs1,151.60 after the company said it got a nod for its diabetes drug import.

9.28 am IST
Market update
BSE Sensex trades higher by 267.16 points, or 0.80%, to 33,513.86, while the Nifty 50 rose 96.70 points, or 0.94%, to 10,348.80.

source: livemint.com

 

Categories:   BSE Sensex, Indian share market, Indian sharemarket news, Latest News, Primary Market, sharemarket online news, Stock Market

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