INSUBCONTINENT EXCLUSIVE:
Most of sectoral indices on NSE closed higher.Domestic stock markets closed in green amid cautious trade on first trading day of calendar
The SP BSE Sensex ended 186.24 points or 0.52 per cent higher at 36,254.57 on Tuesday, while broader Nifty50 of National Stock Exchange
(NSE) finished at 10,910.10, up 47.55 points or 0.44 per cent from previous close
Thirty-two out of 50 Nifty stocks finished session with advances
Top gainers on 50-scrip index were Bharti Airtel, HDFC, State Bank of India, Bharat Petroleum and Bharti Infratel, which settled between
2.99 per cent and 1.54 per cent higher.Most of sectoral indices on NSE closed higher
recovery" as afflicting non-performing assets recede.The asset quality of banks showed improvement with gross non-performing assets' (GNPAs)
ratio declining to 10.8 per cent in September 2018 from 11.5 per cent in March 2018, Reserve Bank of India (RBI) said in its Financial
Stability Report on Monday.Bharti Airtel, HDFC, Yes Bank and HDFC Bank shares led advances on Sensex."On New Year day, bulls staged a strong
comeback after witnessing early fall on Indian indices
Nifty managed to close above 10,900 levels led by financials despite lack of global triggers With Corporate earnings to start from next
week, liquidity and sentiment are set to drive market in short term," Hemang Jani, head - advisory, Sharekhan by BNP Paribas, was quoted as
saying in a report by news agency Press Trust of India.However, weakness in auto stocks limited gains
The Nifty Auto closed 0.57 per cent down.Shares in Mahindra Mahindra were top drag on both benchmark indices, finishing 3.8 per cent lower
39,200 units in corresponding month in previous year.Auto sales numbers for December month announced so far came on mixed note, said Mr
Jani.Maruti Suzuki India reported a decline of 1.3 per cent in total sales to 1,28,338 units in December, from 1,30,066 units in previous
looking at a flattish market with a target of 10,400 - 11,000 for Nifty in first six months
There is uncertainty with respect to global liquidity," Dhananjay Sinha, head-institutional research, economist and strategy at Emkay Global
Financial Services, was quoted as saying in a report by news agency Reuters.The Sensex and Nifty logged their third consecutive annual gain,
rising 5.9 per cent and 3.2 per cent for year 2018 respectively
The BSE benchmark index added a total of 2,011 points in year.(With agency inputs)
