Wednesday 11 October 2017

Stock,Equity Market Recommendations-Sensex extends gains, Nifty above 10,050; Bharti Airtel, Idea up 4%

Equity benchmarks extended yesterday's gains in opening trade, with the Nifty reclaiming 10,050 level ahead of earnings season that will be kicked off by TCS on Thursday.
The 30-share BSE Sensex was up 96.14 points at 32,020.55 and the 50-share NSE Nifty gained 28.60 points at 10,045.55.

Bharti Infratel, Bharti Airtel, Idea Cellular, GAIL, Petronet LNG, Vedanta, Aurobindo Pharma, NTPC and ONGC were early gainers while Yes Bank and Kotak Mahindra Bank were under pressure.
Nifty Midcap was up 0.6 percent on strong market breadth.
Adani Transmission, Uttam Galva, Lumax, Praj Industries, Mawan Sugars, RCF, National Fertilisers and GSFC gained 2-9 percent while Punj Lloyd fell 2 percent.
The Indian rupee opened higher at 65.22 per dollar against previous close of 65.28.
Asia markets rose today, taking cues from signs of confidence in the US.


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