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Markets live: Sensex rises 250 points, Nifty reclaims 11,000

Indian markets were off to a strong start today, with Sensex jumping over 200 points and Nifty crossing the 11,000 mark. Asian stocks saw another muted session today, with trading becalmed by Lunar New Year holidays. Among the Sensex stocks, HCL Tech, NTPC, Infosys, ICICI Bank, RIL, Asian Paints and ONGC were up over 1%. Among the losers, Bharti Airtel, Tata Motors and IndusInd Bank were down around 1%.

06 Feb 2019, 10:06:17 AM IST
HPCL shares higher on earnings boost
Hindustan Petroleum Corp Ltd or HPCL rose 2% to ₹229.65 after the company reported unexpected profit for December quarter despite higher crude oil prices. The company reported net profit of ₹247.55 crore in the quarter against ₹1,949.69 crore a year ago.

06 Feb 2019, 10:06:17 AM IST
HPCL shares higher on earnings boost
Hindustan Petroleum Corp Ltd or HPCL rose 2% to ₹229.65 after the company reported unexpected profit for December quarter despite higher crude oil prices. The company reported net profit of ₹247.55 crore in the quarter against ₹1,949.69 crore a year ago.

06 Feb 2019, 10:04:09 AM IST
Rupee flat against US dollar
Rupee was trading little changed against US dollar today as many Asian markets remained shut for the Lunar New Year. The rupee was trading at 71.54 a dollar, higher than its previous close of 71.57. The home currency opened at 71.55 a dollar.

06 Feb 2019, 09:51:31 AM IST
Tech Mahindra surges 5%
Tech Mahindra Ltd rose 5% to ₹783 after the company on Tuesday posted a 27.5% increase in consolidated profit after tax (PAT) to ₹1,203 crore in the December 2018 quarter. Revenue from operations increased 15% to ₹8,944 crore, against ₹7,776 crore in the year-ago quarter. (Read: Tech Mahindra’s impressive Q3 to add heft to its valuations)

06 Feb 2019, 09:14:42 AM IST
Tokyo stocks open higher helped by rallies in US
Tokyo stocks opened higher on Wednesday helped by a cheaper yen and rallies on Wall Street, but investors remained cautious ahead of the US State of the Union address.

The benchmark Nikkei 225 index was up 0.39 percent or 82.24 points at 20,926.69 while the broader Topix index edged up 0.28 percent or 4.47 points to 1,587.35.

source: livemint.com

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