INSUBCONTINENT EXCLUSIVE:
Sensex, Nifty in Monday's session: Stock markets started the week on Monday on a positive note.The domestic stock markets started the week
on Monday on a positive note
The SP BSE Sensex rose 229.88 points or 0.64 per cent to trade at 35,887.74 in early morning trade
The Nifty50 index surged 65.65 points or 0.61 per cent to trade at 10,838.30
The domestic equity indices opened in the green on widespread buying in metals, auto, IT and banking counters, amid firm Asian cues and a
Asian share markets rallied on Monday as favourable US jobs data whetted risk appetites, while sterling slipped after two members of the
British government resigned over Brexit and put the future of Prime Minister Theresa May in doubt.Major gainers in the 30-share Sensex pack
were Tata Steel (+1.66 per cent), Yes Bank (+1.48 per cent), Reliance (+1.48 per cent) Vedanta (+1.91 per cent), Sun Pharma (+1.33 per cent)
and Mahindra Mahindra (+1.19 per cent)
Hindalco, Vedanta, Tata Steel, Yes Bank and Bajaj Auto were leading the pack of Nifty gainers while main losers on the index in the morning
session were TCS, Titan, BPCL, Grasim and Hindustan Unilever.All sectoral indices, led by bankex, metal, auto, infrastructure, power,
capital goods, and healthcare, were in the green, rising up to 1.61 per cent.Tata Consultancy Services (TCS) was trading lower by 1.28 per
cent at Rs 1,888.80, while Infosys was up 0.62 per cent at Rs 1,292.40
TCS will be the first bluechip firm to come out with its Q1 result on July 10
Other companies like Infosys, IndusInd Bank, Cyient and Indian Overseas Bank are also set to announce their Q1 earning results this
measures between the US and China coupled with volatility in crude oil prices and the rupee's movement against the US dollar will affect
domestic equity indices throughout this week, reported IANS
The upcoming quarterly results season, along with macro-economic data points on industrial output and inflation, will also determine the
rose 22.50 points and settled at 10,772.25
Domestic Institutional Investors (DIIs) bought shares worth a net of Rs 1,480.82 crore, while foreign portfolio investors (FPIs) sold
equities to the tune of Rs 968.18 crore on Friday
