Sensex Gains Over 150 Points, Nifty Tests 10,900

INSUBCONTINENT EXCLUSIVE:
Share Market Today: In the sectoral landscape, gains were led by Nifty IT and Nifty Pharma indicesThe domestic stock markets traded firmly
in the green on Friday, ahead of September quarter growth numbers scheduled to be released later in the day
The SP BSE Sensex opened at 36,304.43 and the Nifty50 barometer of the National Stock Exchange (NSE) at 10,892.10
At 10:52 am, the 30-share Sensex was at 36,330.13, up 159.72 points or 0.44 per cent and the 50-scrip Nifty hit the crucial 10,900-mark
before trading at 10,898.65, with a gain of 39.95 points or 0.37 per cent
Thirty out of 50 Nifty stocks traded with gains.Gaining between 1.73-4.33 per cent, Yes Bank, Mahindra and Mahindra, Wipro, Zee
Entertainment and Indiabulls Housing Finance were the top Nifty gainers.In the sectoral landscape, gains were led by Nifty IT and Nifty
Pharma indices which gained 1.03 per cent and 0.96 per cent respectively.Later in the day, gross domestic product (GDP) data for
July-September period will be released."Markets have been on a uptrend in November, with Nifty gaining 7-8 per cent from 10,100 levels
This is its highest gain in a month," Rahul Mishra, AVP (Derivatives), Emkay Global Financial Services, was quoted as saying in a report by
increasingly convinced it needs to reduce oil output along with the Organization of the Petroleum Exporting Countries
US crude gained 0.37 per cent to $51.64 a barrel, and Brent crude was up 0.42 per cent at $59.76 per barrel, reported news agency Reuters.In
global markets, Asian shares wavered as investors were on edge before a crucial weekend meeting between the Chinese and US presidents that
could determine the course of a heated trade war over the next year
MSCI's broadest index of Asia-Pacific shares outside Japan wobbled between positive and negative territory in early trade, and was last up
less than 0.1 per cent.On Thursday, when the Sensex had closed at 36,170.41 and the Nifty50 at 10,858.70, foreign portfolio investors and
domestic institutional investors were net buyers of shares worth Rs 823.47 crore and Rs 973.31 crore respectively, showed provisional NSE
data
(With agencies inputs)