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Market Live: Sensex up over 100 points, Nifty well above 10,900; IndusInd Bank up 2%

Jan 16, 09:57 AM (IST)
Jet Airways shares plunged more than 7 percent in morning on Wednesday after shareholder Etihad Airways offered to invest in company at a price which is nearly half of Tuesday’s closing price.

Jan 16, 09:38 AM (IST)
Zee Entertainment soars Shares of Zee Entertainment Enterprises gained 3 percent in the early trade on Wednesday after company reported strong numbers for the quarter ended December 2018 (Q3FY19).

Jan 16, 09:19 AM (IST)
Market opens Equity benchmarks have started the day on a positive note, with the Nifty reclaiming 10,900 in the first few minutes of trade.
The Sensex is up 72.82 points or 0.20% at 36391.15, and the Nifty up 22.90 points or 0.21% at 10909.70. The market breadth is positive as 289 shares advanced, against a decline of 95 shares, while 30 shares were unchanged.

Except pharmaceuticals, all other sectoral indices are trading in the green. The Nifty Midcap index is up one-fifth of a percent.

Vedanta, Yes Bank, and Zee Entertainment, while Sun Pharma, Bharti Airtel, JSW Steel and Dr Reddy’s have lost the most.

Nifty above 10,900 mark; Zee, Vedanta stocks gain
Published on:
9:20 am
Equity benchmark indices opened higher for second consecutive session, with the Sensex gained 131 points at 36,449. The Nifty rose 39 points at 10,926 led by Reliance Industries, ICICI Bank, Infosys, Axis Bank, and SBI.
On the sectoral front, FMCG, IT and pharma indices fell, while media, banking, auto, realty and metal surged in today’s trade.
Zee, Indiabulls HF, Grasim, IndusInd Bank, and Infratel were the top gainers on the Nifty50, while UPL, Tech Mahindra, TCS, ITC, JSW Steel were trading in the red.

Jan 16, 09:08 AM (IST)
Rupee opens The Indian rupee opened at 71.06 per dollar on Wednesday versus 71.04 yesterday.

Jan 16, 09:07 AM (IST)
Market at pre-open Equity benchmarks are trading higher in pre-opening, with the Nifty clinching 10,900-mark.

The Sensex is up 106.97 points or 0.29% at 36425.30, while the Nifty is higher 20.40 points or 0.19% at 10907.20.

The Indian rupee has opened flat 71.06 per US dollar.

source: moneycontrol.com

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