Markets

News Details

( 15 Mar 2019)
Sensex up 230 points, Titan Company gains over 2%

The domestic benchmark indices are trading half a per cent higher, led by gains in financials. The shares of Titan Company hit a new high of Rs 1,112, up 2.5 per cent, in intra-day trade even as the firm is set to join the elite club of Rs 1-trillion market capitalization (market-cap) on the BSE. The stock surpassed its previous high of Rs 1,096 touched on Tuesday, March 12, 2019. The market-cap of Tata Group Company hit Rs 98,800 crore in intra-day trade on Friday till 10:01 am. Currently, there are 27 listed companies having market-cap of more than Rs 1 trillion, BSE data shows.

At 10:30 hours, the SENSEX was trading at 37986.09 up by 231.2 points or by 0.61 per cent and then NSE Nifty was at 11418.7 up by 75.45 points or by 0.67 per cent. The BSE Sensex touched intraday high of 38024.95 and intraday low of 37760.23 The NSE Nifty touched intraday high of 11428.05 and intraday low of 11370.8.

The top gainers of the BSE Sensex were Kotak Mahindra Bank Ltd. (Rs. 1320.20,+3.91%), Power Grid Corporation of India Ltd. (Rs. 191.95,+2.40%), State Bank of India (Rs. 296.00,+1.67%), Asian Paints Ltd. (Rs. 1455.00,+1.46%), IndusInd Bank Ltd. (Rs. 1706.50,+1.41%), among others. The top losers of the BSE Sensex were Hindustan Unilever Ltd. (Rs. 1707.50,-1.72%), Bharti Airtel Ltd. (Rs. 337.35,-1.60%), YES Bank Ltd. (Rs. 246.90,-1.18%), Hero MotoCorp Ltd. (Rs. 2727.95,-0.99%), Coal India Ltd. (Rs. 241.00,-0.97%), among others.

Among sectors, CDS index was at 23205.65 up by 243.87 points or by 1.06%. VIP Industries Ltd. (Rs. 442.70,+3.41%), Titan Company Ltd. (Rs. 1109.10,+2.24%), Rajesh Exports Ltd. (Rs. 622.10,+0.49%), Symphony Ltd. (Rs. 1322.10,+0.38%), Crompton Greaves Consumer Electricals Ltd. (Rs. 227.50,+0.15%),. On the flip side, Metal index was at 11157.03 down by -56.2 points or by -0.5%. Coal India Ltd. (Rs. 241.00,-0.97%), Hindustan Zinc Ltd. (Rs. 272.00,-0.82%), Hindalco Industries Ltd. (Rs. 199.70,-0.77%), Vedanta Ltd. (Rs. 172.75,-0.55%), Tata Steel Ltd. (Rs. 515.50,-0.44%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2181, shares advanced were 1257 while 803 shares declined and 121 were unchanged.