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Closing bell: Sensex, Nifty gain for 3rd day; Infosys falls 1% ahead of Q2 results

The BSE Sensex closed 297.38 points, or 0.85%, up at 35,162.48, while the Nifty 50 ended 72.25 points, or 0.69%, higher at 10,584.75. Here are the latest updates from the markets

Benchmark indices BSE Sensex and NSE’s Nifty 50 gained for the third straight session on Tuesday as investors shifted their focus to September quarter earnings season from global trade and geopolitical tensions. Hero MotoCorp and Infosys are among the key companies reporting their Q2 results later in the day. Asian stocks edged higher, although increasing tensions between Saudi Arabia and the West fanned geopolitical concerns and capped gains. Earlier in the U.S., the tech-heavy Nasdaq indexes led losses and the S&P 500 Index slipped. Oil ticked higher amid tensions between Saudi Arabia and the U.S. over the disappearance of a prominent journalist, while gold held gains.

3.37 pm IST
Closing bell: Sensex, Nifty gain for 3rd day
The BSE Sensex closed 297.38 points, or 0.85%, up at 35,162.48, while the Nifty 50 ended 72.25 points, or 0.69%, higher at 10,584.75.

3.23 pm IST
Gold prices fall today, silver edges lower
Gold prices today fell by Rs 70 mainly due to slowing demand from local jewellers and muted global cues. Gold rates in global markets remained steady near two-month high as risk-averse investors sought refuge in the metal amid rising political tensions and economic uncertainty. In Delhi, gold rate of 99.9% fell by Rs 70 to Rs 32,180 per 10 gram, while 99.5% purity lost Rs 80 to Rs 32,020 per 10 gram, reported PTI. The yellow metal had gained Rs 200 Monday. Sovereign gold remained steady at Rs 24,700 per piece of 8 gram.

3.12 pm IST
Infosys shares erase gains, trade flat ahead of Q2 earnings
Infosys shares erased early gains and turned flat ahead of its September-quarter earnings sue to be released later in the day. The stock fell as much as 0.8% to Rs 693.15 per share. In early trade, the stock hit a high of Rs 713.75.

source: livemint.com

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