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Market Live: Nifty around 11,500, Sensex up over 100 points; IT stocks lead

Except metal, auto and pharma, all other sectoral indices are trading with marginal gains.

Mar 28, 09:55 AM (IST)
Technically some sideways not ruled out in Nifty. Strong support at 11,350, while resistance at 11,581, said Prakash Gaba of prakashgaba.com.

The Nifty Bank unfolded strong as expected and saw some selling pressure near our resistance and has closed in the green. Technically stiff resistance exists at 30,324 and crucial support at 29,600.

Mar 28, 09:47 AM (IST)
Unichem Laboratories gains 3%: Shares of Unichem Laboratories rallied 3 percent after company received final approval for its ANDA, Tadalafil tablets from the United States Food and Drug Administration (USFDA) for a generic version of Eli Lilly’s Cialis.

Mar 28, 09:36 AM (IST)
Tata Global Beverage: Board announced re-appointment of Ajoy Kumar Misra as the Managing Director and CEO of the company for a period of 1 year.

Mar 28, 09:19 AM (IST)
Market Opens: It is good start for the Indian indices on Thursday with Nifty above 11,450 level.

At 09:17 hrs IST, the Sensex is up 36.12 points or 0.09% at 38169, and the Nifty up 10.50 points or 0.09% at 11455.50. About 510 shares have advanced, 281 shares declined, and 31 shares are unchanged.

Zee Ent, HCL Tech, Tech Mahindra, Infosys, Indiabulls Housing, Yes Bank, HPCL, BPCL, IOC, GAIL, Eicher Motors are among major gainers, while losers are Tata Motors, ONGC, JSW Steel, IndusInd Bank, Power Grid, Cipla, HDFC Bank and Tata Steel.

Except metal, auto and pharma, all other sectoral indices are trading with marginal gain.

Mar 28, 09:11 AM (IST)
Rupee Opens: The Indian rupee opened lower by 24 paise at 69.11 per dollar on Thursday versus previous close 68.87.

Mar 28, 09:03 AM (IST)
Market at pre-open: Benchmark indices are trading higher in the pre-opening trade on Thursday.

At 09:03 hrs IST, the Sensex is up 66.14 points or 0.17% at 38199.02, and the Nifty up 13.50 points or 0.12% at 11458.50.

Infosys, TCS, Hexaware, HCL Tech are trading higher in the pre-opening session.

Mar 28, 08:56 AM (IST)
Asian markets trade lower: Asian share markets were painted red on Thursday as recession concerns sent bond yields spiralling lower across the globe, overwhelming central bank efforts to calm frayed nerves.

Mar 28, 08:36 AM (IST)
Crude Update: Oil prices fell on Thursday, extending losses into a second straight session, after widely watched data showed a surprising increase in US stocks.

source: moneycontrol.com

Categories:   BSE Sensex, Indian share market, Indian Stock Market, Indian Stock Pick, Primary Market

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