FIRST TRADE: Sensex up over 190 pts; Nifty above 19,880; all sectoral indices trade in green

Stocks market today:  The domestic equity market on Monday, September 11, edged higher in the morning deals, extending its gain from Friday's trade despite weak global cues. All counters on the sectoral front traded in green.

At the time of filing this report, the S&P BSE Sensex was up 190.52 points, or 0.29 per cent, at 66,789.43, and the NSE Nifty was up 63.4 points, or 0.32 per cent, at 19,883.35. 

In the broader market, the Nifty Mid Cap 100 and Small Cap 100 also opened strong. 

Among the Nifty 50 stocks, 39 stocks advanced and 9 stocks declined.

BUZZING STOCKS

Tata Communications traded nearly 2 per cent higher after the company tied up with Nvidia to build Artificial Intelligence (AI) infrastructure in India.

Tata Motors, JBM Auto, Olectra Greentech, and Ashok Leyland shares were up 0.23 per cent to 1.53 per cent higher on BSE after 1850 electric buses will soon run in 19 cities of Uttar Pradesh.

MCX shares were down over 1 per cent after the Securities and Exchange Board of India (SEBI) gave its approval to NSE to launch options contracts in the commodity derivatives segment.

Adani Enterprises was among the top gainers on NSE and was trading over 1 per cent higher after its subsidiary Adani Global Pte. Ltd has signed a joint venture (JV) agreement with Singapore-based Kowa Holdings Asia Pte.

Balaji Amines shares traded over 3 per cent higher after the company withdrew its IPO application. 

Railtel, IRFC, RVNL, and RITES shares traded in firm green after a rail-port connectivity agreement was signed between India, the UAE, the US, Saudi Arabia, and the European Union (EU). 

Ethanol-producing companies-- Praj Industries, EID-Parry (India), Shree Renuka Sugar, Globus Spirits, Dhampur Sugar Mills, Balrampur Chini, and Dwarikesh Sugar shares traded in green after Prime Minister Narendra Modi launched a Global Biofuel Alliance with eleven countries. 

Shyam Metalics and Energy shares were down over 3 per cent after block deals. 

VRL Logistics shares were up over half a per cent after block deals. 

IRB Infrastructure shares traded higher by over 2 per cent after the toll collection increased 24 per cent year-on-year.

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.