INSUBCONTINENT EXCLUSIVE:
Ultracemco, Tata Motors, Hindustan Petroleum, YES Bank and Tata Steel led the pack of Nifty gainers.Benchmark equity indices opened on a
ruling at 11,508.30, up 31.35 points or 0.27 per cent
Sectoral indices, including realty, metal, healthcare, consumer durables, PSU, FMCG and capital goods were trading in the positive zone by
rising up to 1.39 per cent.The rupee recovered from its record low by rising 9 paise to 71.66 against the US dollar in early trade today
30-share Sensex pack in the session were Tata Motors (+1.36%), Power Grid (+1.28%), Coal India (+1.24%), Hindustan Unilever (+1.07%), Tata
Steel (+1.07%) and Induslnd Bank (+0.78%)
Ultracemco (+1.57%), Tata Motors (+1.22%), Hindustan Petroleum (+1.09%), YES Bank (+1.06%) and Tata Steel (+0.82%) led the pack of Nifty
gainers.The Securities and Exchange Board of India (Sebi) on Wednesday said it would review an order tightening rules on foreign funds
ownership by entities of Indian origin, after some fund managers said it could lead to massive dollar outflows.However, asian shares fell
for the sixth straight session on Thursday as oil skidded and safe-haven gold gained, with investor confidence shaken by turmoil in emerging
markets and jitters over a potentially severe escalation in the US-China trade war.In global commodities markets, oil prices fell on
Thursday as emerging market woes weighed on sentiment, while a deadline neared for a potential new round of US tariffs on another $200
Gold was stronger with spot gold up 0.2 per cent at $1,198.5 an ounceOn the other hand, main losers on Sensex pack in the morning session
were HDFC Bank (-0.20%), Infosys (-0.23%), Axis Bank (-0.33%), NTPC (-0.42%), TCS (-0.47%) and ONGC (-0.60%)
Main laggards on Nifty pack were ZEEL (-4.51%), Infratel (-1.58%), ONGC (-0.72%), HCL Tech (-0.68%) and TCS (-0.24%).Meanwhile, domestic
stock markets closed in the red on Wednesday
The SP BSE Sensex dropped 139.61 points to settle at 38,018.31, closing loser for a sixth session in a row
The Nifty ended 43.35 points lower at 11,476.95
