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( 23 Apr 2019)
Sensex opens higher, Nifty tops 11,600; Essel Propack gains 2%

The Indian benchmark indices opened higher on Tuesday taking cues from Asian peers. Among sectors, except energy and IT all other indices are trading in green. The shares of Essel Propack added 2.4 percent in the early trade on Tuesday after Private equity player Blackstone announced the acquisition of majority stake in company.

At 9:20 hours, the SENSEX was trading at 38786.83 up by 141.65 points or by 0.37 per cent and then NSE Nifty was at 11612.95 up by 18.5 points or by 0.16 per cent.

The top gainers of the BSE Sensex were Hero MotoCorp Ltd. (Rs. 2711.85,+1.05%), Bharti Airtel Ltd. (Rs. 324.40,+1.01%), Reliance Industries Ltd. (Rs. 1356.00,+0.83%), Oil And Natural Gas Corporation Ltd. (Rs. 158.95,+0.76%), YES Bank Ltd. (Rs. 240.20,+0.76%), among others. The top losers of the BSE Sensex were NTPC Ltd. (Rs. 133.85,-1.40%), Tata Motors Ltd. (Rs. 233.25,-0.60%), Tata Consultancy Services Ltd. (Rs. 2151.95,-0.57%), Tata Motors Ltd. (Rs. 112.70,-0.49%), Power Grid Corporation of India Ltd. (Rs. 194.35,-0.13%), among others.

Among sectors, HCS index was at 14398.31 up by 90.28 points or by 0.63%. Lupin Ltd. (Rs. 855.95,+2.93%), Natco Pharma Ltd. (Rs. 543.00,+1.99%), Ipca Laboratories Ltd. (Rs. 976.15,+1.42%), Biocon Ltd. (Rs. 615.40,+1.26%), Bliss GVS Pharma Ltd. (Rs. 171.40,+1.24%),. On the other hand, Power index was at 2014.29 down by -5.36 points or by -0.27%. NTPC Ltd. (Rs. 133.85,-1.40%), CG Power and Industrial Solutions Ltd. (Rs. 34.10,-0.73%), NHPC Ltd. (Rs. 23.35,-0.64%), Reliance Infrastructure Ltd. (Rs. 115.65,-0.60%), Suzlon Energy Ltd. (Rs. 6.75,-0.59%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 871 , shares advanced were 517 while 321 shares declined and 33 were unchanged.