Share Market LIVE: Sensex up 550 points, Nifty at 9,330; IndusInd Bank, Kotak Bank, Dr Reddy top gainers Share Market LIVE: Sensex up 550 points, Nifty at 9,330; IndusInd Bank, Kotak Bank, Dr Reddy top gainers - Top 9 Business news

Breaking

Friday, May 8, 2020

Share Market LIVE: Sensex up 550 points, Nifty at 9,330; IndusInd Bank, Kotak Bank, Dr Reddy top gainers

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today Benchmarks Sensex and Nifty rose higher on Friday, tracking bullish rally from overseas as investors shook off weak economic data and focused on upcoming earnings. Reversing from losses after two straight sessions, Sensex climbed 450 points higher at 31,892 and Nifty rose 103 points to 9,307. Foreign portfolio investors being net buyers in the capital market also added to optimistic sentiments. Yesterday, Sensex closed 242 points lower at 31,443 and Nifty fell to 9,199, down 71 points. US indices turned green as investors turned optimistic over following a clutch of upbeat earnings reports and looked past the weak economic data due to lockdowns to combat the virus spread.                           Share Market LIVE: Sensex up 550 points, Nifty at 9,330; IndusInd Bank, Kotak Bank, Dr Reddy top gainers      

 11.24 AM: Tata Consumer Products share price gains 2.8%

SBI Cards and Payment Services share price gained 2.44% to Rs 587.80 compared to the previous close of Rs 573.80 on BSE. This was ahead of its March quarterly results scheduled to be released today.

11.10 AM: Oil gains today

Brent crude futures, the international oil benchmark was trading 1.29% higher at $29.84 per barrel.

11.07 AM: Top gainers/Losers

IndusInd Bank, Kotak Bank, Hindustan Unilever and Axis Bank and Reliance Industries were among the top gainers on Sensex today.

10. 45 AM: Cyient share price gains 8.5%

Cyient share price opened with a loss of 5.48% and later fell 8.5% to an intraday low of Rs 212 on BSE after the company reported its March quarterly numbers. The company reported 74% fall (YoY) in consolidated net profit to Rs 45 crore during the quarter ended March 31, 2020 as against Rs 176.6 crore, recorded in a year-ago period. Its total income rose 2.9% (YoY) to Rs 1073 crore in the January-March quarter of the current fiscal as compared to Rs 1105 crore in the same period last financial year.

10.35 AM: Rupee opens at 75.27 per dollar

Rupee on the interbank forex market opened 45 paise higher at 75.27 against US dollar.

No comments:

Post a Comment

thank you for read our blog we can make more use full news as soon as possible stay tune connect with our blog and collect important news and information regarding all earth.