Top News
UCLA mom charged with paying $400K to get son admitted as fake soccer recruit  ||   Trial in 'heinous' gangland murder of 9-year-old Tyshawn Lee begins in Chicago  ||   Attack on Saudi facilities sets oil on fire in India  ||   Ayanna Pressley introduces impeachment resolution against Brett Kavanaugh  ||   Trump administration to block California's stringent auto emission rules  ||   R. Kelly's 'friend' who posted his $100K bond wants her money back; judge says no  ||   Protests gather as Trump visits San Francisco area  ||   Opinion: Eli Manning deserved better than Giants' benching, years of indecision  ||   Corey Lewandowski promotes potential Senate run during impeachment hearing  ||   Pittsburgh Pirates reliever Felipe Vazquez arrested for solicitation of a child, denied bail  ||   US government sues Edward Snowden over his new memoir 'Permanent Record'  ||   Taylor Swift announces Lover Fest tour with only four U.S. shows  ||   Benjamin Netanyahu's fate uncertain after exit polls show no clear winner in Israel vote  ||   Pittsburgh Pirates reliever Felipe Vazquez arrested for solicitation of a child in Florida  ||   Triple threat: Tropical Storm Imelda swamps Texas, Humberto nears Bermuda and TD 10 forms in Atlantic  ||   India rebuts Mahathir Mohamad's claim on Zakir Naik extradition  ||   Georgia homeowner kills three teens wearing masks in possible 'stand your ground' case  ||   UCLA mom charged with paying $400K to get son admitted as fake soccer recruit  ||   Pittsburgh Pirates reliever Felipe Vazquez arrested for solicitation of a child in Florida  ||   Secretary of State Mike Pompeo heads to Saudi Arabia to discuss Iran response  ||            

Sensex Nifty Edge Higher Led By Banking Shares
By satya sruthi On 17 Jul, 2019  


The S&P BSE Sensex and NSE Nifty 50 Indexes edged higher led by gains in banking shares like Kotak Mahindra Bank, HDFC Bank, State Bank of India and Hindustan Unilever. However, the upside was capped as Reliance Industries, ONGC and Maruti Suzuki were facing selling pressure. The Sensex rose as much as 142 points and the Nifty Index moved above important psychological level of 11,700.

As of 11:10 am, the Sensex traded 134 points higher at 39,264 and the NSE Nifty 50 Index advanced 37 points to 11,699.

Eight of 11 sector gauges compiled by National Stock Exchange were trading higher led by the Nifty Media Index's 1.2 per cent gain. Nifty Bank, Nifty FMCG, Nifty Financial Services, and Nifty PSU Bank sector gauges also advanced between 0.45 and 0.81 per cent each.

On the other hand, Nifty Auto Index was top loser, down 0.21 per cent.

Mid- and small-cap shares were mixed as Nifty Midcap 100 Index was trading marginally lower while Nifty Smallcap 100 Index advanced 0.29 per cent.

UPL, Kotak Mahindra Bank, Zee Entertainment, Tech Mahindra, Hindalco and Hindustan Unilever were among the gainers in the Nifty 50 basket of shares.

On the flipside, Yes Bank, GAIL India, Coal India, JSW Steel, ONGC and Bharat Petroleum were among the losers.

Among the individual shares, Strides Pharma Science share price fell as much as 8.15 per cent to Rs. 347.00 on the BSE after US drug regulator - US Food and Drug Administration (US FDA) - issued a warning letter to the company for violating current good manufacturing practice (CGMP) regulations.

The market breadth was marginally positive as 1,081 shares were trading higher while 885 were lower on the BSE.



Submit your comment

About Us Terms & Conditions Disclaimer
Advertise Contact
register and win

NRIS.COM is one of the premier NRI website that provides a range of resourceful services to Indian expats residing in the USA. Visiting the site you will find comprehensive information related to restaurants, casinos, pubs, temples, carpool, movies, education, real estate, and forums. The simple and easy to navigate format allows NRIs to gain information within a fraction of a second. Moreover, advertising through its column of Indian free classifieds in USA allow businesses to improve visibility of their brand.

WI NRI's Chat (0 Users Online)