Stock Market

NEW DELHI: Most fertiliser stocks were trading with decent gains in the morning session of trade on Friday. Rashtriya Chemicals Fertilizers (up 10.63 per cent) and Fertilizers Chemicals Tranvancore (up 9.61 per cent) were leading among fertiliser stocks. Shares of National Fertilizer (up 6.26 per cent), Rama Phosphates (up 6.06 per cent), Basant Agro Tech (India) (up 3.59 per cent), Mangalore Chemicals Fertilizers (up 3.31 per cent), Chambal Fertilisers Chemicals (up 2.43 per cent), Coromandel International (up 2.38 per cent), Southern Petrochemicals Industries (up 2.20 per cent) and GSFC (up 2.08 per cent) clocked decent gains. Shares of Shiva Global Agro Industries (down 1.74 per cent) and Bharat Agri Fert Realty (down 1.35 per cent) were down around that time.

Equity benchmarks Sensex and Nifty were up on healthy buying by domestic institutional investors as the industrial production grew at 6.6 per cent in July and retail inflation cooled to a 10-month low. Asian cues too were positive on optimism over China-US trade talks.

The NSE Nifty50 index was trading 85 points up at 11,455 around 10:20 am.

The 30-share BSE Sensex was up 214 points at 37,932 around the same time.

Among the 50 stocks in the Nifty index, 41 were in the green and nine were in the red. Indiabulls Housing Finance, YES Bank, BPCL, UPL, PowerGrid, HPCL and Grasim Industries were leading among Nifty gainers.





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