Sensex Ends At Over Six-Month High After A Volatile Trade
Closing Bell: Sensex Clocks Longest Gaining Streak In Nearly Three Months
Indian equity benchmark S&P BSE Sensex ended higher after a topsy-turvy trade, clocking its longest gaining streak since Dec. 19, 2018.
The 31-stock index ended 0.19 percent higher at 38,095.07, its highest level since Sept. 07, 2018.
The NSE Nifty 50 Index extended gains for the sixth consecutive trading session, its longest gaining streak in over a month. The 50-share gauge ended at 11,462.20, its highest level in six months.
The market breadth, however, was tilted in favour of sellers. About 1,015 stocks fell and 740 shares advanced on National Stock Exchange.
Eight out of 11 sectoral gauges compiled by NSE advanced, led by the NSE Nifty Realty Index’s 2.8 percent gain. On the flipside, the NSE Nifty Auto Index was the top sectoral loser, down 1.4 percent.
Block Deal Alert: Gruh Finance
About 10 lakh shares of Gruh Finance changed hands in a block deal, Bloomberg data showed. Buyers and sellers were not known immediately.
Stocks Moving On Heavy Volumes
- Stock rose as much as 14.3 percent to Rs 259.
- Trading volume was almost 10 times its 20-day average.
- Stock rose as much as 6.5 percent to Rs 718.
- Trading volume was almost five times its 20-day average.
Coffee Day Enterprises
- Stock rose as much as 5.7 percent to Rs 318.
- Trading volume was almost four times its 20-day average.
- Stock fell as much as 6.6 percent to Rs 215.65.
- Trading volume was five times its 20-day average.
Market Check: Sensex Gives Up 38,000
Indian equity benchmark S&P BSE Sensex fell over 400 points from day's high to trade below 38,000.
Prestige Estates Projects At Over Seven-Month High
Shares of the real estate developer extended gains for the sixth consecutive trading session, its longest winning streak in over a year. The stock rose as much as 18.3 percent to Rs 255, its highest levels in over seven months.
Trading volume was 12.1 times its 30-day average, Bloomberg data showed.