INSUBCONTINENT EXCLUSIVE:
BSE Sensex today: The Sensex rose as much as 198.01 points to log an intraday high of 37,343.46Domestic stock markets rose on Wednesday as
trading continued after a holiday, amid gains in Asian peers
The S-P BSE Sensex index rose as much as 198.01 points - or 0.5 per cent - during the session to register an intraday high of 37,343.46, and
the broader NSE Nifty benchmark rose as high as 11,054.80, up 51.75 points from the previous close
and Tata Motors were the top percentage gainers on both the benchmark indices during the session
Analysts awaited macroeconomic data due on Thursday for more clarity on interest rates going forward.Nifty Rises Over 2% In Five DaysThe NSE
Wednesday's climb also meant the biggest upmove in the 50-scrip index since August 27, when it had added 364.00 points - or 3.39 per cent
- in a period of three days.Market Breadth Favours Gains; Yes Bank, Tata Motors Rise Over 10%Top Nifty GainersYes Bank: +13.00%Tata Motors:
+10.66%Eicher Motors: +5.10%Maruti Suzuki: +3.86%JSW Steel: +3.78%Top Nifty LaggardsONGC3.13%Wipro2.91%GAIL2.80%HCL Tech2.71%Zee
Entertainment2.55%Market breadth favoured gains with an advance-decline ratio of more than 2:1, as 1,845 stocks rose on the BSE while 777
indices on the National Stock Exchange (NSE) finished the day in the positive zone
Top percentage gainers included the Nifty Auto, Nifty PSU Bank and Nifty Metal indices, ending 3.60 per cent, 3.11 per cent and 2.31 per
cent higher respectively.Sectoral movementNifty Bank: +0.99%Nifty PSU Bank: +3.11%Nifty Private Bank: +1.01%Nifty Auto: +3.60%Nifty Metal:
+2.31Nifty IT1.37%Nifty Ends Higher For Fifth Day In A Row, Sensex Extends Gains To Third DayThe S-P BSE Sensex index ended 86.48 points -
or 0.23 per cent - higher at 37,231.93 while the broader NSE Nifty benchmark settled at 11,035.70, up 32.65 points - or 0.30 per cent - from
the previous close.Top percentage gainers on the 50-scrip index were Yes Bank, Tata Motors, Eicher Motors, Maruti Suzuki and JSW Steel,
ending between 3.78 per cent and 13.00 per cent higher.Real Estate Share Extend Gains, Realty Index Jumps 4.6%Shares of real estate
companies extended gains with gauge of realty shares surging as much as 4.6 per cent.Top gainers in real estate space:Oberoi Realty up
9%Godrej properties up 8.71%Sunteck Realty up 4.62%DLF up 4.15%Mahindra Lifespace Developers up 2.02%Market Breadth Extremely PositiveThe
overall market breadth was extremely positive as 1,340 shares were advancing while 433 were declining on the National Stock Exchange.Rupee
Reverses Early Losses The rupee reversed early losses to rise by as much as 10 paise to 71.60 against the US dollar, despite rising crude
Brent crude futures - the global benchmark for crude oil - rose 0.6 per cent to $62.76 a barrel, after an industry report showed that crude
stockpiles in the US fell last week by more than twice the amount that analysts had forecast.At 1:53 pm, the rupee traded six paise - or
0.09 per cent - higher at 71.64 against the greenback.Auto Stocks Jump With Nifty Auto Index Rising 2.9%At 12:47 pm, the Sensex traded
117.59 points - or 0.32 per cent - higher at 37,263.04, while the Nifty was up 28.55 points - or 0.26 per cent - at 11,031.60
The Nifty Auto sectoral index - comprising manufacturers of cars, two-wheelers, heavy vehicles as well as auto ancillaries - surged as much
as 2.87 per cent, led by Tata Motors, Motherson Sumi, TVS Motor and Eicher Motors, which were up 7.59 per cent, 5.09 per cent, 3.23 per cent
trading firmly higher led by gains in Reliance Industries, Larsen - Toubro, Maruti Suzuki, IndusInd Bank and State Bank of India.As of 12:08
pm, the Sensex traded 137 points higher at 37,318 and the NSE Nifty 50 index was 0.3 per cent or 35 points at 11,038.Nine of 1 sector gauges
compiled by National Stock Exchange were trading higher led by Nifty Realty index's 3.1 per cent gain
Nifty PSU Bank, Metal and Auto indices also rose between 2 and 2.6 per cent each.On the flipside, Nifty IT index was top loser, down 1.2 per
cent.11,040-11,060 Levels Critical Zone For Nifty, Says Prakash Pandey11,040-11,060 is the critical zone for the Nifty 50 index, Prakash
Pandey of Plutus Advisors and Consulting told TheIndianSubcontinent
"If Nifty manages to close above these levels it can go up to 11,200 levels," he said
He advises going long on Nifty futures with stop loss at 11,005 for target of 11,120.Indiabulls Real Estate Surges Over 3% On Divestment
controlled by The Blackstone Group Inc (Blackstone), which is a globally renowned real estate private equity investor, to divest their
entire direct/indirect stake in existing JV companies with Blackstone, namely Indiabulls Properties Pvt
and Indiabulls Real Estate Co
(both owning commercial assets at Lower Parel Mumbai), Yashita Buildcon Ltd
and Ashkit Properties Ltd
(both owning commercial assets at Udyog Vihar in Gurugram)", Indiabulls Real Estate said in a regulatory filing.Yes Bank Shares Soar 9%
day after its CEO said the private sector lender was close to securing a deal to sell a minority stake to a global technology company
Without naming the investor, Ravneet Gill said the stake sale was likely to be less than 10 per cent initially but could rise, describing
Small-Cap Stocks Outperform Broader MarketsMid- and small-cap shares continued their upmove for a fifth session in a row, with the S-P BSE
Varroc Engineering, Reliance Infrastructure, Star Paper Mills and Goa Carbon - trading between 4.27 per cent and 18.54 per cent higher were
and the Nifty was up 0.14 per cent at 11,018.80
Sixteen out of the sectoral indices on the BSE traded in the positive zone
In percentage terms, the S-P BSE Metal, Auto and Basic Materials indices were the top gainers, up 2.08 per cent, 1.70 per cent and 1.39 per
cent respectively.On the other hand, the S-P BSE Information Technology and Tech indices were the worst hit, down 1.01 per cent and 0.84 per
cent respectively.BSE sectoral indexChange in pointsPercentage changeS-P BSE METAL182.112.08S-P BSE AUTO274.111.7S-P BSE Basic
Materials34.661.39S-P BSE REALTY22.031.12S-P BSE Fast Moving Consumer Goods-4.29-0.04S-P BSE TECK-66.26-0.84S-P BSE Information
Technology-162.77-1.01Yes Bank, Tata Motors Top GainersTop Nifty GainersTop Nifty LaggardsSectoral MovementNifty Bank: +0.50%Nifty PSU Bank:
+1.06%Nifty Auto: +1.36%Nifty Metal: +1.59%Nifty IT0.48%Nifty Pharma: +0.94%Financial, Metal Sectors Push Markets HigherGains in banking,
financial services and metal shares supported the markets however weakness in information technology stocks limited the upside
Market breadth favoured gains, with 567 stocks on the BSE trading higher and 267 struggling with losses
- higher at 37,243.71, while the broader Nifty was up 16.65 points - or 0.15 per cent - at 11,019.70
Top gainers on the 50-scrip index at the time were Yes Bank, Tata Motors, Vedanta, Tata Steel, JSW Steel and IndusInd Bank, trading between
Sensex.Sensex, Nifty Rise In Early TradeDomestic stock markets started Wednesday's session on a higher note as the markets resumed trading
after a holiday, tracking gains in Asian peers
The S-P BSE Sensex index rose as much as 115.8 points in early trade to touch 37,261.25, and the broader NSE Nifty benchmark moved to
ThursdayAnalysts awaited the release of consumer inflation data due on Thursday for more clarity on monetary policy going forward
The government will release the consumer inflation data for the month of August at 5:30 pm on Thursday
pre-opening session, the Sensex rose as much as 175.57 points - or 0.47 per cent - to 37,321.02
At 9:02 am, the Sensex was seen 146.47 points - or 0.39 per cent - higher at 37,291.92, while the broader Nifty was up 50.30 points - or
29 stocks advanced while 14 declined on the 50-scrip index in the pre-open market.Yes Bank shares will be in focus today, a day after its
Ravneet Gill said the stake sale will help Yes Bank boost its capital."We are in fairly advanced level of talks right now and it is close to
being a done deal," he told news agency Reuters in an interview.Markets Set To Resume Trading After A Day's HolidayOn Monday, the Sensex
- or 0.52 per cent - from the previous close
The 50-scrip index had last closed above the 11,000 mark on August 30.Asian Shares Up On Hopes Of Easing US-China Trade ConcernsEquities in
other Asian markets held firm and bond yields rose on Wednesday as hopes of diminishing US-China tensions and reduced risk of no-deal Brexit
prompted investors to take profit in risk-off trade ahead of key central bank policy meetings.In early trade, MSCI's broadest index of
Asia-Pacific shares outside Japan was up 0.10 per cent while Japan's Nikkei rose 0.32 per cent.SGX Nifty Indicates Positive Start For NSE
Nifty TodayDomestic stock markets are likely to start Wednesday's session on a higher note amid gains in Asian peers
At 8:36 am, the SGX Nifty - an early indicator of the National Stock Exchange (NSE) Nifty in India - traded 59.50 points - or 0.54 per cent
