Sensex surges 100 points on global cues
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Ramchandran Panchan Moothedath purchased a total share 195,388 of Jyothy Laboratories at Rs. 294.55 each, in a block deals from Sathyanarayan Raghunandhan valuing at Rs. 5.75 crore.
BP Fintrade Private Limited sold 1,136,215 shares of Rana Sugars at Rs. 11.35 each in a bulk deal to BP Fintrade Private Limited valuing at Rs. 1.35 crore.
Bank Nifty was rose 24.75 points at 17,696.05. Punjab National Bank was the top gainer at Rs. 94.40 up 1.94%.
NSE Nifty surged 29.45 points or 0.36% at 8,170.20. The 50-stock index was positive with 28 advance and 23 declines.
Sun Pharma was among the top loser, dips by 12.20 points or 1.26%. Total Traded quantity was around Rs. 1.50 lakhs against two weeks average quantity of Rs. 3.69 lakhs.
Bharti Airtel was top gainer on BSE. The company opens network service as a concept - Open Network on mobile app. The script ended at Rs. 357.25 up 3.18%. Total Traded quantity was around Rs. 2.17 lakhs against two weeks average quantity of Rs. 1.56 lakhs.
Sensex ends over 100 points at 26,624.59. The 30-index stocks was stabled with 15 advances and 15 declines. Total turnover stood at Rs. 336.90 crore with volume of 7,416,296.
At 1.30 pm, Sensex was trading above 145.68 points at 26,671.14. While NSE was at 8,173.30 up 32.55 points.
Larsen & Tourbo was trading flat at Rs. 1,491.10. The company's Hydrocarbon engineering wins orders valued at Rs. 1,170 crore. The stock is unchanged from its previous closing of Rs. 1,491.85. However, it did opened higher at Rs. 1,500.
Rupee opened at at 67.22 and touched a high of 67.13 a dollar. The rupee strengthened against the US dollar after India’s current account deficit (CAD) narrowed sharply due to low trade deficit.
Crude oil prices rose in early Asian trade on Friday for the first time in seven days as markets eased on concerns about the impact of Britain's possible exit from the European Union (EU). The index rose 32.19 points 0.34% trading at Rs. 9,462.76. Out of 10 stocks 7 stocks were trading in green, with Petronet among top gainer surging by 1.83% at Rs. 287.15.
Bank Nifty surged by 110.75 points or 0.63% trading at 17,782.05. Canara Bank is among the top gainer trading at Rs. 205.50 up 1.51%.
Sugar stocks were trading down by 2.42%, on government imposing 20% duty on exports. All sugar stocks were in red, with Shree Renuka Sugars at Rs. 17.08 (2.79%), Sakthi Sugars at Rs. 47.75 (3.44%), Bajaj Hindustan Sugar at Rs. 21 (3.67%), Dhampure Specialty Sugars at Rs. 20.55 (4.64%) and Simbhaoli Sugars at Rs. 5.97%.