FIRST TRADE: Indices inch higher; Sensex up over 170 pts; Nifty above 19,350

Stock market today: The domestic equity market edged higher during the opening tracking cues from global markets. The headline index was supported by bank, IT, metal, pharma, financial services, FMCG, realty, and oil & gas stocks. Reliance Industries and Jio Financial saw some profit booking after rallying in Monday's trade post AGM. 

Last seen, both indices were up 0.28 per cent. S&P BSE Sensex was up 184.21 points at 65,180.81 and NSE Nifty was up 53.6 points 19,359.65. In the Nifty 50 basket 36 stocks advanced while 15 stocks declined. 

At the time of filing this report, Nifty Bank was up 0.30 per cent at 44,627.6. 

In the broader market Nifty Mid Cap 100 and Small Cap 100 traded in green. 

BUZZING STOCKS 

Reliance Industries shares were down over half a per cent post AGM. Jio Financial shares were also trading in red down over 1 per cent and were the top loser on Nifty. 

Gokaldas Exports was up over 12 per cent after the acquisition announcement. 

Jet Airways was down 2 per cent after NCLAT on Monday extended the time till September 30 for the Jalan-Kalrock Consortium to make a payment of Rs 350 crore to the lenders of the bankrupt Jet Airways.

LT Foods was down over 1 per cent after the government's decision to impose a minimum export price on basmati rice at USD 1,200 per tonne. 

APL Apollo Tubes shares were down over 1 per cent after reports about a block deal to take place. 

Dalmia Bharat shares were up over half a per cent after reports that the company may buy Birla Tyres.

SJVN shares were up over 3 per cent as its subsidiary bagged Rs 1900 crore order.

NBCC (India) stock was up over 1 per cent after the company received an order of Rs 66.3 crore.

LTIMindtree shares were up over 1 per cent after the company tied up with CAST AI, a SaaS company. 

Avenue Supermart, the parent company of DMart shares were over 1 per cent after UBS upgraded its rating from sell to buy. 

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