Market Wrap: Sensex rallies by 382 points, ends over levels of 37,000

Last Updated: Mon, Mar 11, 2019 16:25 hrs
Bull Sculpture (Image Courtesy: Bloomberg)

Mumbai: Stock markets on Monday rose, with most equity indices reporting a margin of 1% gain.

On the Bombay Stock exchange, 1,758 stocks advanced while 895 posted a decline. 50 stocks posted their 52 week highs while 100 stocks posted their 52 week lows.

The thirty scrip sensitive Sensex was up by up 382.67 points or 1.04% at 37054.1.

On the Sensex, the top gainers included, Bharti Airtel (up by 8.08%), Power Grid (up by 3.90%), Coal India (up by 3.80%), RIL (up by 2.72%), and Vedanta (2.52%). The losers included TCS (down by 0.41%), HCL Technologies (down by 0.39%), Indusind Bank (down by 0.21%), and Infosys (down by 0.13%).

Stocks of Maruti Suzuki India, quoted a price of Rs 7090, up by Rs 117.55 or 1.69% in the trading session, the maximum points recorded. Nearly 37,000 shares of the stock exchanged hands on Monday.

Volume Gainers:

Yes Bank (Volume of 18.14 lakh shares, last quoted price of Rs. 236.30, up by 1.68%), SBI (Volume of 17.43 lakh shares, last quoted price of Rs. 286.80, up by 1.97%), and Tata Motors (Volume of 10.68 lakh shares, last quoted price of Rs. 182.15, up by 0.28%) were the top three most traded stocks on the BSE Sensex.

Sectoral Indices on BSE:

Sectoral induces such as Energy (up by 2.92%), Oil & Gas (up by 2.85%), Metal (up by 2.5%), Automotive (up by 2.24%) and Power (up by 2.04%) were among the gaining indices. Stocks clubbed in the Information Technology index were down by 0.06% and it was the lone sectoral index in the red on Monday.

Meanwhile, the 50 scrip sensitive NSE Nifty ended the day at 11,168.05 up by 132.65 points or 1.20%.

In Forex markets, the Dollar lost against the Rupee and traded to below Rs 70 levels. At the time of publishing this report, the Dollar was trading in a range of Rs 69.93-70.03. The DXY U.S. Dollar Currency Index was down by 0.07 points at 97.28.

The price of 24 Karat Gold in major metros remained range bound between 33,000-33500 levels. 24 Karat Gold was most expensive in Kolkata at Rs 34042.78 per ten grams. Silver was trading at a price of Rs 41,100 per kilo.

In international spot markets, Gold was trading at $1295 per ounce, Palladium at $1518 per ounce, Platinum at $813 per ounce while Silver quoted a price of $15.31 per ounce.