Mumbai: Sensex on Monday fell 29 points to end at 26,597.11 while Nifty sliped 10 points to close at 7,958.90.
Earlier the market has opened on a flat note. The Sensex is up 8.81 points at 26635.13 and the Nifty is up 9.60 points at 7978.45. About 474 shares have advanced, 127 shares declined, and 22 shares are unchanged.
Tata Steel, Wipro, Axis Bank, Reliance and Infosys are top gainers in the gainers while HUL, Coal India, ITC, Tata Motors and Bharti Airtel are major laggards in the Sensex.
Meanwhile, Prime Minister Narendra Modi received a rock star reception at Madison square garden. As a Navratara gift for a rapturous crowd of NRIs, persons of Indian origin cardholders to get lifetime Indian visa. Modi said he wants the world to 'Make in India', lists democracy, demographic dividend & demand as India's biggest strengths.
Globally, US stocks rose sharply on Friday, cutting losses for the week, after the government raised its estimate of economic growth in the second quarter and consumer sentiment rose in September. And on the economic data front, the US economy grew at an annual rate of 4.6 per cent in the second quarter.
In commodities, Brent crude trades close to 97 levels giving back most of their gains from the previous session as dollar strengthens. From precious metals space, gold prices fall as a dollar-driven rally encouraged by US economic growth dimmed bullion's investment appeal.
Comments
0 comment