Sensex jumps 292 points in early trading, Nifty above 11,765

ANI
16 Apr 2019, 15:55 GMT+10

Mumbai (Maharashtra) [India], Apr 16 (ANI): Equity benchmark indices opened in the positive zone on Tuesday in tandem with Asian peers with investors focusing more on corporate earnings for the final quarter of 2018-19.

All sectoral indices except realty traded in the green on National Stock Exchange during early hours.

At 10:15 am, the BSE SP Sensex was up 292 points at 38,198 while the NSE Nifty 50 gained 74 points to 11,765.

Indian Oil, ICICI Bank, Coal India, Infratel and Vedanta were the top gainers.

On the flip side, Tata Motors, Infosys, Tata Steel, ONGC and HDFC Bank were the top losers.

On Monday, the Indian Meteorological Department forecast near-normal rains for the monsoon season, lifting worries over the possibility of below-normal rainfall that private weather forecaster Skymet had predicted earlier.

Meanwhile, shares in Asian markets traded on a positive note as investors weighed earnings in the United States and Japan.

The US-China trade dispute is showing signs of progress but a slowdown in global corporate earnings and bleak investment climate have put pressure on risk assets.

(ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Pacific Star.

More Information

Asia

Section

China-U.S. trade tensions pose largest risk to Asian economies

MANILA, Philippines - Developing Asia will maintain strong but moderating growth this year and next, as supportive domestic demand counteracts ...

Briefing: The outlook for Libya's migrant detention centres

More than two weeks after an airstrike on a migrant detention centre in Libya's capital left at least 53 people ...

JSE rises as market participants bet on more central bank stimulus

The JSE rose on Friday primarily on the back of gains recorded on the mining index as well as advances ...

Promise, Peril in Malaysia's Move to Lower Voting Age

BANGKOK - Parties on either side of Malaysia's deep political divide are hoping to capitalize on a bipartisan bill to ...

Suspect behind Kyoto anime studio attack alleges work plagiarised

Kyoto [Japan], July 19 (ANI): The suspect behind Japan's worst mass killing in 20 years has alleged that the targeted ...

What school segregation looks like in the US today, in 4 charts

Democratic presidential candidate Kamala Harris, a senator from California, has spoken about how she benefited from attending Berkeley's desegregated schools."There ...

Business

Section