INSUBCONTINENT EXCLUSIVE:
The Nifty IT index closed 1.03 per cent higher.
Domestic stock markets ended Monday's session on a
higher note tracking strength in global peers on easing of concerns about a slowdown in world economy
The 30-scrip Bombay Stock Exchange (BSE) benchmark index closed at 35,850.16, up 155.06 points or 0.43 per cent from previous close, and
Nifty50 index of National Stock Exchange (NSE) moved 44.45 points or 0.41 per cent higher to finish at 10,771.80
Gains on Dalal Street were led by IT, realty and banking stocks
Optimism ahead of corporate earnings season boosted trading sentiment
Here are 10 things to know about Sensex, Nifty trading today:The SP BSE Sensex rose as much as 381.85 points during session
stocks on Nifty finished session with advances
Prominent gainers on Nifty index included Axis Bank, Bharti Infratel, Tata Motors, Titan and Grasim.Axis Bank, Tata Motors, Infosys, Maruti,
December quarter on January 10 and January 11, respectively.Shares in watch producer Titan Company settled 1.69 per cent higher, after
company on Friday said it expects a 22 per cent growth in full-year jewellery business.Easing of worries on US-China trade front also
Powell's comments that US central bank would be flexible in policy decisions this year bolstered trading sentiments on Monday, analysts were
Our market is showing relatively better signs of stability due to this," said Deven Choksey, founder, KR Choksey Investment Managers.Both US
and China have expressed an interest in settling their tariff war
"Global cues and key IT and banking results would determine course of market during next few days," said Viral Berawala, CIO, Essel Mutual
Fund.Meanwhile, domestic institutional investors net purchased equities to tune of Rs 240.60 crore, while foreign institutional investors
(FIIs) sold shares worth a net Rs 157.72 crore on Friday, according to provisional data
(With inputs from agencies)
