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News Details

( 23 Apr 2019)
Nifty above 11,600; Tejas Networks rises 10%

The frontline indices continue to trade in positive terrain on Tuesday. The share prices of Tejas Networks rose up by 10 per cent after company reported strong numbers for the quarter ended March 2019. The company posted 23 per cent raise in consolidated net profit for January-March 2019 quarter at Rs 35.89 crore.

At 10:22 hours, the SENSEX was trading at 38694.02 up by 48.84 points or by 0.13 per cent and then NSE Nifty was at 11604.5 up by 10.05 points or by 0.09 per cent. The BSE Sensex touched intraday high of 38832.61 and intraday low of 38612.23 The NSE Nifty touched intraday high of 11645.95 and intraday low of 11582.95

The top gainers of the BSE Sensex were Oil And Natural Gas Corporation Ltd. (Rs. 160.25,+1.58%), Sun Pharmaceutical Industries Ltd. (Rs. 460.90,+1.41%), Hero MotoCorp Ltd. (Rs. 2717.40,+1.26%), Reliance Industries Ltd. (Rs. 1361.50,+1.24%), YES Bank Ltd. (Rs. 241.05,+1.11%), among others. On the other side, the top losers of the BSE Sensex were Tata Steel Ltd. (Rs. 526.35,-1.67%), Bharti Airtel Ltd. (Rs. 317.95,-1.00%), IndusInd Bank Ltd. (Rs. 1676.00,-0.91%), Tata Motors Ltd. (Rs. 112.25,-0.88%), Larsen & Toubro Ltd. (Rs. 1347.40,-0.84%), among others.

Among sectors, CDS index was at 23759.1 up by 175.65 points or by 0.74%. Rajesh Exports Ltd. (Rs. 723.20,+3.70%), VIP Industries Ltd. (Rs. 466.35,+1.26%), Crompton Greaves Consumer Electricals Ltd. (Rs. 235.20,+1.16%), Titan Company Ltd. (Rs. 1127.55,+0.50%), Symphony Ltd. (Rs. 1358.45,+0.45%),. On the flip side, CGS index was at 18110.96 down by -111.6 points or by -0.61%. Graphite India Ltd. (Rs. 416.55,-3.67%), HEG Ltd. (Rs. 1862.00,-3.49%), BEML Ltd. (Rs. 898.00,-2.96%), Suzlon Energy Ltd. (Rs. 6.61,-2.65%), Finolex Cables Ltd. (Rs. 457.80,-1.80%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 1915 , shares advanced were 912 while 911 shares declined and 92 were unchanged.