INSUBCONTINENT EXCLUSIVE:
Today Sensex moved over 200 points higher but turned flat later on.
The Sensex and Nifty turned flat
but continue to trade at 6-month highs
The markets came off intraday highs as gains in metal, telecom and information technology shares was offset by losses in banking and
In intraday deals, the SP BSE Sensex rose as much as 203 points or 0.53 per cent to 38,748.54 and the NSE Nifty 50 Index reclaimed its
psychologically important level of 11,600 as it climbed as much as 0.52 per cent or 60 points to 11,630.20
In yesterday's session foreign portfolio investors bought shares worth Rs 3,594.51 crore, according to provisional figures on the National
Stock Exchange.Seventeen of 19 sector gauges compiled by BSE were trading higher led by the SP BSE Metal Index's 1.6 per cent gain
Telecom, healtthcare, industrials, auto, capital goods and power indexes were also trading higher between 0.6 and 1 per cent each
On the flipside, SP BSE Realty Index was top loser, down 0.38 per cent.Mid- and small-cap shares were witnessing buying interest as the SP
BSE MidCap Index rose 0.61 per cent and the SP BSE SmallCap Index advanced 0.50 per cent.From the Nifty 50 basket of shares, 29 were trading
higher while 21 were among the laggards.Vedanta, JSW Steel, Bharat Petroleum, Hindalco, Tata Motors, Dr Reddy's Labs, NTPC and Indian Oil
were among gainers in the Nifty 50 basket of shares.On the other hand, Eicher Motors, IndusInd Bank, GAIL, Titan, Bajaj Auto, Coal India and
ICICI Bank were among the losers.Hindustan Petroleum advanced 4 per cent to Rs 283 after it was replaced with Britannia Industries in the
Nifty 50 basket of shares
Britannia Industries was little changed at Rs 3,095.Among the individual shares, Vodafone Idea surged as much as 10.57 per cent to Rs 19.35
As many as 39.52 lakh shares changed hands on the BSE compared with an average of 37.98 lakh shares traded daily in the past two weeks.The
overall market breadth was positive as 950 shares were advancing while 564 were advancing on the BSE.Get the latest election news, live
updates and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
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