Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2018 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.

Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster
  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Sensex rises to its three month high
Thu, 16 Jul Closing

The Indian markets ended the day on a robust note with the benchmark indices touching their three month highs. The Sensex ended higher by 247 points while the NSE-Nifty ended higher by 85 points. The BSE Mid Cap and BSE Small Cap indices ended with gains of 1.33% and 0.75% respectively.

Asian markets finished on a positive note at the most recent closing prices. Nikkei gained 0.67%, while the Hang Seng gained 0.43%. The rupee was trading at 63.495 against the US$.

Stocks in the engineering sector ended the day on a positive note with Bharat Heavy Electronics Ltd and Praj Industries Ltd leading the winners. Siemens has bagged a Rs 1.2 bn order from Power Grid Company of Bangladesh at two sites located in Dhaka. The scope of the work for the project would involves design, procurement, supply, installation, testing, commission of 230/132 KV GIS substation at Dhamrai. The stock of Siemens ended the day on a positive note.

Stocks in the banking sector ended the day on a positive note with IDBI Bank and Indian Overseas Bank leading the winners. The nation's freedom fighters who have been drawing their pensions from the State Bank of India for the past 43 years are believed to have shifted their accounts to other nationalised banks. The Home Ministry had decided to leave it to the pensioners regarding which nationalised bank they want to opt for. A senior Home Ministry official said around 6,000 freedom fighters have snapped their relations with SBI and have shifted their accounts to other banks in the last one month. The scheme commenced from August 15, 1972 and provided for grant of pension to living freedom fighters and their families.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Equitymaster requests your view! Post a comment on "Sensex rises to its three month high". Click here!


Small Investments
BIG Returns

Zero To Millions Guide 2018
Get our special report, Zero To Millions
(2018 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Jan 18, 2018 11:51 AM