Sensex gains over 230 points as remain in EU inches ahead
Sensex gains over 230 points as remain in EU inches ahead
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HCL Tech trades below 20 points or 2.83% at Rs. 714. The company is currently struggling in retaining its exiting clients. It has lost around $1.5 billion worth of contracts that came up for rebid over the past two years which had slowed its revenue. The shares of HCL Tech opened at Rs. 735 just a margin higher from its previous closing of Rs. 734. The script continues to face selling pressure also tapped by Brexit with 1.89 lakhs shares exchanged on market today.
Yes Bank was top gainer on Bank Nifty, as it plans to raise $1 billion from international markets. The shares of the bank soared 34 points at Rs. 1,112.75. It touched a 52 week high of Rs. 1,115.
All banking stock surged on NSE index. Bank Nifty closed at 17,892.45 up 266.40 points or 1.51%.
NSE Nifty gained by 66.75 points at 8,270.45. The 50-script index was positive with 37 advances and 14 declines.
Tata Motors was among the top pick on BSE, as Brexit poll commenced today. The shares of the company surged 15 points or 3.28% at Rs. 488. Total Traded quantity was around 12.29 lakh shares against two weeks average quantity of 6.92 lakh shares.
BSE Sensex ended at 27,002.22 surging by 236.57 points or 0.88%. The 30-stock index was positive with 24 advances and 6 declines. Total turnover stood at Rs. 363.46 with volume of 8,076,595.
Amid Brexit, Europe market opens strong
At 15.06, Sensex reaches its 257,000 earmark. After showing flat movement in the morning trading session, BSE soars 257.22 points or 0.96% at 27,022.87. Investors showed positive sentiments on the index which led to 26 advances and 4 declines.
Brexit will have a cascading affect on market: Deven Choksey
Corporate Announcements
Gold prices dipped to two week low in International market
Brexit impact on Indian stocks
Nifty was trading above 12 points at 8,216.25. The index re-gained with 29 advances and 22 declines.
At 1.06 pm, Sensex was trading at 26,819.27 up 53.62 points. The index finally showed some positve movement with 16 advances, 13 declines and 1 remaining unchanged.
UK goes to poll on EU referendum.
Stronger, Safer, better, off in EU : David Cameroon
Biocon, Quark Announce Initiation of Pivotal Phase II/III Study of QPI-1007 in Rare Eye Disease in India. However, the stock of the company was trading marginally down at Rs. 712.65. It opened at Rs. 720.50 higher from its previous closing of Rs. 715.20.
Bank of India was trading marginally up at Rs. 95.70 on raising Rs. 1000 Crore by issue of Basel-Ill Compliant Additional Tier I Bonds (Series-ll). The Bonds have been rated AA (-) by Brickwork and A+ by CRISIL and bear coupon rate of 11.50% p.a. Total traded quantity stood at 2.37 lakh shares against 8.99 lakh shares.
All about Brexit.
PSU Bank were trading in green on NSE. The index was trading at 2,646.85 up 14.40 points or 0.55%. Out of 12 stocks, around 8 stocks were positive with Punjab National Bank as top gainer, trading at Rs. 98.90 up 1.96%.
Banking stock surged on NSE index. The bank Nifty was trading above 18.95 points at 17,645.
Tata Motors was among the top gainer on BSE, as investors maintain their buying interest in the stock. The stock of the company was trading at Rs. 479.30 up 1.44%. It opened at Rs. 475.55 slightly lower from its previous close of Rs. 472.50.
Rupee was up 0.071 points or 0.11% trading at 67.360. The local currency got open at 67.432.
NSE opens flat at 8,201.15 on Thursday morning session. The index was negative with 21 advances and 30 declines.
Sensex opens in red down by 12.45 points at 26,753.20. Overall the index is positive but cautious with 13 advances, 8 declines, 1 remaining unchanged and 8 not traded.
Market to remain cautious on Brexit poll today.
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