INSUBCONTINENT EXCLUSIVE:
Axis Bank, Titan, Reliance Industries and Bajaj Finserv have actually gotten around 1 percent eachThe domestic stock exchange have begun the
week on an upbeat note, disregarding the blended hints from the global markets
At 9:20 am, the BSE Sensex was trading at 52,904.20, greater by 321 points or 0.62 percent and the NSE Nifty was at 15,859.25, up 97.10
The wider markets are likewise trading company, with the BSE Midcap index and BSE Smallcap index acquiring 0.7 per cent and 0.9 percent
respectively.All the sectoral indices are trading in the green, with the car and PSU bank indices gaining around a percent each on the
BSE.Asian shares face another tough week as Beijing's regulatory crackdown fans fears about China's economy, though upbeat financial data in
the United States and Europe and strong corporate earnings put a flooring under their markets.China's issues were highlighted over the
weekend by a study revealing factory activity grew at the slowest speed in 17 months in the middle of increasing costs and severe weather
Japan's Nikkei bounced back 1.1 percent, however that was from its most affordable since January.US stocks fell on Friday and registered
losses for the week as Amazon.com shares dropped after the company anticipated lower sales growth, but the S&P 500 still notched a 6th
The Dow Jones fell 0.42 percent, the S&P 500 lost 0.54 percent and Nasdaq Composite dropped 0.71 per cent.Meanwhile, oil rates fell on
Monday on worries over China's economy after a study showed factory activity growing at its slowest pace in 17 months on the planet's
second-largest oil consumer.Brent petroleum futures skidded 81 cents, or 1 percent, to $74.60 a barrel and U.S
West Texas Intermediate (WTI) crude futures dropped 69 cents, or 0.9 percent, to $73.26 a barrel.On the incomes front, HDFC, Punjab National
Bank and Castrol India will be announcing their Q1 numbers during the day.On the stock-specific front, Axis Bank, Titan, Reliance Industries
and Bajaj Finserv have acquired around 1 per cent each on the BSE
And HDFC has edged greater by 0.5 per cent to Rs 1432 on the BSE ahead of the results to be announced throughout the day.On the other hand,
Tech Mahindra, Sun Pharma and Tata Steel are seeing profit-booking post the rally seen in the previous week.The BSE market breath is strong
Out of 2,821 stocks traded on the BSE, there are 2,064 advancing stocks as versus 647 declines.
