Sensex trades marginally higher, Nifty crosses 11,670; ITI gains 2%
15/04/2019 11:38

The equity indices are trading marginally higher in the late morning session. The shares of ITI gained 2.7 percent intraday Monday after company achieved record turnover for the financial year 2019. The company reported the turnover of Rs 2,051 crore (unaudited) for the financial year ended on March 31, 2019 against Rs 1,703 crore for the financial year 2017-18, company said in press release. The company has posted 20 percent growth in revenue during 2018-19 as compared to 5.7 percent during 2017-18.

At 11:23 hours, the SENSEX was trading at 38876.26 up by 109.15 points or by 0.28 per cent and then NSE Nifty was at 11673.1 up by 29.65 points or by 0.25 per cent. The BSE Sensex touched intraday high of 38898.41 and intraday low of 38780.08 The NSE Nifty touched intraday high of 11679.95 and intraday low of 11648.25.

The top gainers of the BSE Sensex were Tata Motors Ltd. (Rs. 225.95,+4.68%), Tata Motors Ltd. (Rs. 107.90,+4.25%), Tata Consultancy Services Ltd. (Rs. 2076.65,+3.12%), Coal India Ltd. (Rs. 246.50,+2.79%), Tata Steel Ltd. (Rs. 545.75,+2.25%), among others. On the other hand, the top losers of the BSE Sensex were Infosys Ltd. (Rs. 722.15,-3.44%), Sun Pharmaceutical Industries Ltd. (Rs. 459.40,-1.06%), Bharti Airtel Ltd. (Rs. 339.00,-0.75%), Oil And Natural Gas Corporation Ltd. (Rs. 157.05,-0.48%), Housing Development Finance Corporation Ltd. (Rs. 2020.60,-0.28%), among others.

Among sectors, Metal index was at 11674.27 up by 206.94 points or by 1.8%. Coal India Ltd. (Rs. 246.50,+2.79%), Steel Authority of India (SAIL) Ltd. (Rs. 58.45,+2.54%), Tata Steel Ltd. (Rs. 545.75,+2.25%), Jindal Steel & Power Ltd. (Rs. 184.40,+1.68%), JSW Steel Ltd. (Rs. 291.20,+1.64%),. On the flip side, HCS index was at 14450.15 down by -31.75 points or by -0.22%. Mangalam Drugs and Organics Ltd. (Rs. 55.55,-2.46%), Narayana Hrudayalaya Ltd. (Rs. 215.00,-1.33%), Granules India Ltd. (Rs. 113.20,-1.26%), Sun Pharmaceutical Industries Ltd. (Rs. 459.40,-1.06%), Neuland Laboratories Ltd. (Rs. 680.00,-1.00%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2374 , shares advanced were 1370 while 852 shares declined and 152 were unchanged.