INSUBCONTINENT EXCLUSIVE:
BSE Sensex today: The Sensex is likely to open higher today, as indicated by the SGX Nifty futuresThe S-P BSE Sensex and NSE Nifty 50
indices (stock markets) recovered from lower levels on the back of gains in ICICI Bank, Hindustan Unilever, HDFC, Reliance Industries and
The Sensex recovered as much as 365 points from day's lowest level and the NSE Nifty 50 index reclaimed its important psychological level
Banking, financial services, FMCG and private banking shares were witnessing buying interest
On the other hand information technology shares were witnessing selling pressure
Mid- and small-cap shares were also witnessing buying interest as the Nifty Midcap 100 and Nifty Smallcap 100 indices rose over 0.5 per cent
As of 10:38 am, the Sensex traded 0.4 per cent or 149 points higher at 37,130 and the NSE Nifty index was up 0.5 per cent or 56 points at
11,003.State Bank of India Rises On Cutting Deposit, Lending RatesState Bank of India rose as much as 1 per cent to Rs 277 after the bank
said that it has cut lending and deposit rates.State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending
rate or MCLR by 10 basis points
It also lowered interest rates on term deposits across all maturities by up to 25 basis points.The move marked the fifth consecutive
reduction in MCLR by the country's largest bank so far this financial year
The cut in interest rates comes on the back of the Reserve Bank of India (RBI)'s 1.1 percentage point reduction in the repo rate - the key
Days Across Manufacturing PlantsShares of the Chennai-based truck marker fell as much as 2.81 per cent to Rs 62.10 after the company
reported a total of 59 non-working days in September for its manufacturing facilities located at Ennore, Hosur 1, 2 and CPPS, Alwar,
Bhandara and Pantnagar.According to a stock exchange filing Ennore plant had 16 non-working days, Hosur 1, 2 and CPPS had 5 non-working
days, Alwar plant had 10 non-working days
Bhandara plant had 10 non-working days and Pantnagar plant had 18 non-working days.Market Breadth Extremely Positive As Over 1,000 Shares
Trade Higher On NSEMarket breadth was extremely positive as over 1,000 shares were trading higher while a little over 500 shares were
trading with a negative bias.Top Nifty 50 gainers:UPL up 2.8%ICICI Bank up 2.2%Yes Bank up 1.7%Hindustan Unilever up 1.7%Larsen - Toubro up
1.3%Top Nifty 50 losers:HCL Technologies down 1%Tech Mahindra down 1%Eicher Motors down 0.8%Bajaj Auto down 0.6%Tata Motors down 0.5%Markets
Turn Positive As Buying Emerges In Financial StocksThe S-P BSE Sensex index jumped as much as 363.71 points from its intraday low to touch
37,148.18 at the day's strongest level
The broader NSE Nifty benchmark hit 10,994.75, rebounding as much as 104.95 points from its intraday low of 10,889.80 hit earlier.At 10:10
am, the Sensex traded 151.25 points - or 0.41 per cent - higher at 37,133.02 while the Nifty was up 39.85 points - or 0.36 per cent - at
10,986.05.Rupee Edges Higher Against Dollar (INR Vs USD)The rupee opened higher by five paise against the US dollar at 71.67 on Monday
Moving in a range of 71.63-71.72 against the greenback in morning deals, the rupee rose by as much as nine paise at one point
It was last seen trading at 71.68 against the US dollar.Tata Motors, Eicher Motors, Maruti Suzuki Top LaggardsTop Nifty losersTop Nifty
gainersSectoral movementNifty Bank0.83%Nifty Private Bank0.50%Nifty Auto1.29%Nifty Metal1.17%Nifty Pharma: +0.50%Nifty FMCG: +0.26%Sensex,
Nifty Fall In First Few Minutes; Auto, Financial Stocks Worst HitTop laggards on the 50-scrip index at the time were Tata Motors, Eicher
Motors, Maruti Suzuki India, Hindalco, HCL Tech, Bajaj Auto and IndusInd Bank, trading between 1.19 per cent and 2.10 per cent lower.HDFC
Bank, Kotak Mahindra Bank and Maruti Suzuki India were the top drags on the Sensex.Sensex, Nifty At 9:23 AMAt 9:23 am, the Sensex traded
Bank, Auto and Metal sectoral indices were down 0.81 per cent, 1.39 per cent and 0.97 per cent at the time
36,969.48, down 12.29 points from its previous close of 36,981.77
The broader National Stock Exchange (NSE) Nifty benchmark started the session at 10,936.70, down 9.50 points from its previous close
pre-open session, the S-P BSE Sensex index rose as much as 130.64 points to 37,112.41
direction from central bank policies, say analysts"Though risks on US-China trade war front, Brexit and Hong Kong protests have eased
somewhat, investors would be cautious as we have seen optimism fade away very quickly in recent times," forex advisory firm IFA Global said
and power - stood at 2.1 per cent in July, government data showed this month
That marked a sharp downturn from a reading of 7.3 per cent in the corresponding period a year ago
Measured by the Index of Eight Core Industries, core sector activity has a weightage of about 40 per cent in the Index of Industrial
mainly due to poor performance of mining and manufacturing sectors, data in August showed., according to government data released on
consumer inflation eased to 3.15 per cent from 3.18 per cent the previous month, government data showed last month
Consumer or retail inflation - or the rate of increase in consumer prices - came in below the Reserve Bank of India's medium-term target
for the twelfth month in a row.Sensex Today: Hopes Of Growth-Focused Steps To Drive Markets, Say AnalystsDomestic stock markets are expected
to get an upward push on hopes of growth-inducing measures along with attractive valuations, according to analysts
The focus this week will be on what steps the government will take to revive the economy and how the businesses perform in the festival
season, Deepak Jasani, research head, HDFC Securities told news agency IANS.After Monday's session, the markets will remain closed the
