INSUBCONTINENT EXCLUSIVE:
Infosys, Reliance Industries and Sun Pharma contributed the most to the advances on the Sensex.Domestic stock markets started Monday's
session on a higher note tracking positive global cues
The S-P BSE Sensex rose as much as 287.74 points to touch 39,023.97, while the Nifty50 barometer of the National Stock Exchange surged by
Heavyweights Infosys, Reliance Industries, Sun Pharma and HDFC Bank contributed the most to the advances on the Sensex
At 9:31 am, the 30-share benchmark index traded 170 points or 0.44 per cent higher at 38,906.23, and the Nifty was at 11,591.35, up 38.85
points or 0.34 per cent from the previous close.Top advancers on the 50-scrip index were Infosys, Yes Bank, Sun Pharma, Dr Reddy's and Tata
gainer on both the bourses, after the IT major came out with its June quarter results post market hours on Friday
The company posted better-than-expected 5.3 per cent rise in its June quarter net profit, and raised revenue growth forecast for the current
fiscal.Besides the rally in Infosys shares, firm global cues too drove investor sentiment here, traders were quoted as saying in news agency
NSE Nifty 50 Index dropped 30 points or 0.26 per cent to settle at 11,552.On a net basis, foreign institutional investors sold equities
worth Rs 850.11 crore on Friday, while domestic institutional investors purchased shares to the tune of Rs 940.12 crore, provisional data
available with stock exchanges showed.(With inputs from Reuters)Get Breaking news, live coverage, and Latest News from India and around the
world on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
