INSUBCONTINENT EXCLUSIVE:
The S-P BSE Sensex and NSE Nifty 50 Indexes broke out of the narrow range led by gains in Reliance Industries, ICICI Bank, HDFC, Infosys,
Tata Steel and Tata Consultancy Services
The Sensex rose above 39,000 mark while the NSE Nifty 50 Index reclaimed its psychological level of 11,600
Earlier in the day, benchmarks traded in narrow range with Sensex moving in a band of 274 points.As of 1:48 pm, the Sensex traded 180 points
or 0.46 per cent higher at 39,003 and the NSE Nifty 50 Index advanced 0.41per cent or 47 points to 11,630.Tata Steel was top gainer in the
Nifty 50 basket of shares, up 3.7 per cent at Rs 479
Tata Motors, Vedanta, Sun Pharma, NTPC, UPL, Asian Paints and Hero MotoCorp were also among the gainers.On the flipside, Wipro, Larsen -
Toubro, Bharti Airtel, BPCL, Bajaj Finance, Power Grid and ONGC were among the laggards.Among the individual shares, Quess Corp rose as much
as 18.40 per cent on the BSE to intraday high of Rs
521 after the company informed exchanges that Amazon.com's unit Amazon.com NV Investment Holdings LLC, a category III foreign portfolio
investor, has invested close to Rs
51 crore in the company's subsidiary Qdigi Services Limited.All the 11 sector gauges compiled by National Stock Exchange were trading higher
led by the Nifty Metal Index's 1.8 per cent gain
Realty, Media, Auto, Pharma and PSU Banking sector indexes also advanced between 0.8 and 1 per cent each.Mid- and small-cap shares were
witnessing buying interest as the S-P BSE MidCap Index climbed 0.95 per cent and the S-P BSE SmallCap Index rose 0.68 per cent.The overall
market breadth was positive as 1,205 shares were advancing while 1,058 were declining on the BSE.Get Breaking news, live coverage, and
Latest News from India and around the world on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
