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 up over 400 points
Fri, 18 Sep 11:30 am

The Indian markets have added to their early gains and are currently trading strong. Most of the sectoral indices are trading positively with stocks from the banking and pharma sectors leading the gains.

The BSE-Sensex is trading up 451 points (up 1.7%) and the NSE-Nifty is trading up 134 points (up 1.7%). The BSE Mid Cap index is trading up by 1.7% while the BSE Small Cap index is trading up 1.5%. The rupee is trading at 65.98 to the US dollar.

Power stocks are trading on an encouraging note with Adani Power and Torrent Power Ltd witnessing maximum buying interest. As per a leading financial daily, 18 power plants have emerged as successful bidders in the reverse e-auction to receive Rs 17.8 bn subsidy for buying imported gas. The offered subsidy is a move that will help revive a cumulative generation capacity of 11,717.72 Mega Watts (MW). Under the plan, liquefied natural gas (LNG) will be imported and cash-strapped state power distribution companies will be financially supported to buy electricity from them. NTPC, Torrent Power, Gujarat Industries Power Co and CLP India Private Ltd were reported as the successful bidders under this auction.

Most of the software stocks are trading higher with Tech Mahindra and Wipro leading the gainers. Leading mid-tier software company Mindtree, has announced a strategic partnership with Dubai-based 'flydubai' to shape the full digital experience of travelers to Dubai. Mindtree will focus on transforming flydubai's information technology back end including electronic ticketing and real-time baggage tracking. Moreover, the agreement will also extend to other strategic business areas such as revenue management, target monitoring and improving operational efficiencies. The stock of Mindtree is presently trading up about 1.5%.

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 up over 400 points". 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


Mar 20, 2018 (Close)