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The S&P BSE Sensex Index closed 0.5 percent higher at 36,519.96 and the NSE Nifty 50 Index closed at 11,008.05, up 0.7 percent.
The market breadth was tilted in favour of buyers. Ten out of 11 sectoral gauges compiled by NSE advanced, led by NSE Nifty PSU Bank Index's 3.9 percent gain. On the flipside, NSE Nifty FMCG Index was the only sectoral loser, down 1 percent.
Dairy Stocks Rally After Government Announces Duty Waivers On Exports
Shares of the engineering company snapped a four-day decline, its longest losing streak in nearly a month. The stock rose as much as 3.4 percent to Rs 63.60.
The company received in-principle approval from the centre for conceptualising, designing and construction of India Pavilion at World Expo-2020, which is scheduled from Oct-2020 to Apr-2021 in Dubai, according to its stock exchange filing. The project is likely to cost about Rs 400 crore.
The Relative Strength Index was 25, indicating that the stock may be oversold. Trading volume was two times its 30-day average.
Cadila Healthcare Rallies After Receiving FDA Boost
Shares of the drugmaker rose as much as 3.8 percent to Rs 363.10.
The pharmaceutical company received a green signal from the U.S drug regulator Clindamycin Phosphate Topical Solution, used to treat acne, according to its stock exchange filing.
The stock is 19 percent below the Bloomberg consensus one-year price target.
Idea Cellular Swings After A Block Deal
Shares of the telecom operator swung between gains and losses to trade at Rs 52.45.
About 50 lakh shares changed hands in a block deal, Bloomberg data showed. Buyers and sellers were not known immediately.
European Stocks Mixed As Investors Eye Earnings
Muthoot Capital Slides Despite Strong June Quarter
Block Deal Alert: RBL Bank
ICICI Lombard Surges After Q1 Profit Rises
Bloomberg Exclusive: LIC Is Said To Be Planning IDBI Open Offer Soon
Oil Marketers Rally On Falling Crude Prices
Hindustan Media Slumps After Q1 Profit Drops On Higher Costs
Ashok Lelyand Q1 Profit Jumps, Shares Surge
Goa Carbon's Net Profit Rises In June Quarter, Shares Swing
Federal Bank Rises The Most in Nearly 15 Months After Q1 Profit Beat
Shrimp Exporters Falls On Tariff Woes
F&O Check: Nifty 10,900 Put Most Active On NSE
Truckmakers Rally As Load Change Not Seen Hurting Demand
Bloomberg Exclusive: Government Plans To Infuse Rs 2,000 Crore In PNB, Shares Rise
PSU Bank Index Snaps Two-Day Decline
Steel Strips Wheels Swings After Order Win
Market Check: Sensex, Nifty Steady After Volatile Open
Amit Rajan Managing Director At Prosfora Technologies Speaks To BloombergQuint
CCL Products Expects Average Margins To Be Higher For 2018-19
Bharat Electronics Snaps Four-Day Decline After Signing Pact
Sintex Plastics Falls After June Quarter's Profit Declines
Zee Entertainment Gains Ahead Of Earnings
HUL Declines After Reporting Q1 Results
ICICI Bank Top Performer On Sensex, Nifty After A Block Deal
Opening Bell: Sensex, Nifty Swing In Open
Vishnu Mathur, Director General At SIAM Speaks To BloombergQuint
Mukesh Kumar Surana, Chairman And Managing Director At HPCL Speaks To BloombergQuint
Trade Setup: F&O Cues, F&O Ban, Put Call Ratio
Brokerage Call Of The Day: Finolex Industries, Indian Metals, GAIL
Bulk Deals: PVR, JTEKT, KDDL
Stocks To Watch: Ajanta Pharma, Bharat Electronics, UPL
Earnings Reaction To Watch: HUL, Sintex Plastics Technology
Earnings To Watch: Zee Entertainment, Ashok Leyland And More
Stories That You Might've Missed
Commodity Cues: WTI Crude Trades Below $70 Per Barrel
Nifty Futures Indicate Tepid Start For Indian Equities