Sensex, Nifty remain in green; Quess Corp surges 6%
09/09/2019 14:45

Indian benchmarks continued to trade in green duirng the late noon trading session amid firm global cues. European stocks traded higher as investors monitor ongoing political chaos in the UK and cautious hopes for policy stimulus from the world’s major economies after a series of weak data releases

Back home, Shares of Quess Corp rallied 6 percent intraday on September 9 after the fair trade regulator Competition Commission of India (CCI) cleared the acquisition of equity share capital of the company by NV Investment Holding LLC.

The technology and business services provider, in a regulatory filing on July 12, had said its board had approved the issuance of more than 7.54 lakh equity shares to NV Investment Holdings LLC for Rs 51 crore at an issue price of Rs 676 apiece by way of a preferential allotment.

At 14:35 hours, the 30-share benchmark index was trading at 37081.8 up by 100.03 points or by 0.27 % and then NSE Nifty was at 10992.45 up by 46.25 points or by 0.42 %. Sensex touched intraday high of 37244.08 and intraday low of 36784.47 The NSE Nifty touched intraday high of 11028.85 and intraday low of 10889.8

The top gainers of the BSE Sensex pack were Larsen & Toubro Ltd. (Rs. 1355.00,+2.00%), YES Bank Ltd. (Rs. 61.50,+1.82%), Bajaj Finance Ltd. (Rs. 3430.00,+1.74%), Bharti Airtel Ltd. (Rs. 355.00,+1.66%), Kotak Mahindra Bank Ltd. (Rs. 1463.30,+1.51%), among others.

The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 1082.45,-1.73%), Mahindra & Mahindra Ltd. (Rs. 710.55,-1.52%), Infosys Ltd. (Rs. 830.00,-1.21%), Bajaj Auto Ltd. (Rs. 2817.15,-0.80%), Tata Consultancy Services Ltd. (Rs. 2186.10,-0.53%), among others. Among the sectors, CGS index was at 17196.21 up by 233.6 points or by 1.38%. Hindustan Aeronautics Ltd. (Rs. 700.60,+4.02%), Honeywell Automation India Ltd. (Rs. 26382.00,+3.99%), NBCC (India) Ltd. (Rs. 37.00,+3.21%), Larsen & Toubro Ltd. (Rs. 1355.00,+2.00%), Graphite India Ltd. (Rs. 277.30,+1.80%),. IT index was at 16122.27 down by -131.51 points or by -0.81%. Genesys International Corporation Ltd. (Rs. 78.20,-2.01%), Newgen Software Technologies Ltd. (Rs. 282.90,-1.82%), HCL Technologies Ltd. (Rs. 1082.45,-1.73%), Cerebra Integrated Technologies Ltd. (Rs. 24.05,-1.64%), Hinduja Global Solutions Ltd. (Rs. 598.75,-1.56%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2691 , shares advanced were 1507 while 1000 shares declined and 184 were unchanged.