NEW DELHI: In the primary buying and selling consultation of the current monetary yr (FY19), markets on Monday ended on a positive be aware. The benchmark BSE Sensex finished in inexperienced emerging 287 points or 0.87 in line with cent at 33,255. The broader NSE Nifty closed 98 points or 0.97 in line with cent up at 10,212.
Kotak Mahindra Bank, Adani Ports, Tata Motors and Wipro have been among the best-performing stocks emerging up to 4.63 in line with cent. The stocks of ICICI Bank and Axis Bank have been among the main losers shedding up to five.78 in line with cent.
"The market is slowly expected to gain momentum in the month of April and bounce back from lows on expectation of good numbers," mentioned Jimeet Modi, Founder and CEO, SAMCO Securities.
"There is still uncertainty regarding how the US markets will unfold and the impact of trade wars... but more or less the same has been factored in and therefore the markets should perform better than what the majority are expecting on the street," he added.
RBI policy meet and PMI information for the manufacturing, services and products sector would also influence buying and selling sentiment, marketplace analysts had mentioned.
(With PTI inputs)
Kotak Mahindra Bank, Adani Ports, Tata Motors and Wipro have been among the best-performing stocks emerging up to 4.63 in line with cent. The stocks of ICICI Bank and Axis Bank have been among the main losers shedding up to five.78 in line with cent.
"The market is slowly expected to gain momentum in the month of April and bounce back from lows on expectation of good numbers," mentioned Jimeet Modi, Founder and CEO, SAMCO Securities.
"There is still uncertainty regarding how the US markets will unfold and the impact of trade wars... but more or less the same has been factored in and therefore the markets should perform better than what the majority are expecting on the street," he added.
RBI policy meet and PMI information for the manufacturing, services and products sector would also influence buying and selling sentiment, marketplace analysts had mentioned.
(With PTI inputs)
Markets end in green: Sensex closes 287 points up on first trading session of FY19
![Markets end in green: Sensex closes 287 points up on first trading session of FY19]()
Reviewed by Kailash
on
April 02, 2018
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