Indian Markets Open Lower; BSE Sensex Down Over 100 Points

Indian stock markets were trading lower on Monday. The S&P BSE Sensex climbed 131 points, or 0.49 percent at 26615.78. The 30-share index touched a high of 26,725.31 in morning trade. The Nifty50 fell 0.67 percent to 8206.80, after touching a high of 8,230.65 in morning trade.

The S&P BSE Midcap Index dropped 0.5 percent, while the BSE S&P Smallcap Index slipped 0.2 percent.

The Indian rupee declined 5 paise to trade at 67.41 against the U.S. dollar on Monday.

Direxion Daily India Bull 2X Shares INDL fell 1.03 percent to close at $49.15 on Friday, while PowerShares India Portfolio (ETF) PIN dropped 0.40 percent to close at $19.88.

Shares of Rolta India surged over 12 percent after the company reported a 91.33 percent rise in consolidated net profit for the quarter ended September 30.

US stock markets closed higher on Friday, with the Dow Jones Industrial Average gaining 0.72 percent, the S&P500 index rising 0.59 per cent, and the Nasdaq Composite gaining 0.50 percent.

US WTI crude futures on the NYMEX gained 4.70 percent to trade at $53.92 per barrel.

Top market movers among the BSE index are as follows

  • Hilton Metal Forging Ltd. shares gained around 20 percent to 20.90 INR.
  • Fiberweb (India) Ltd. rose about 20 percent to 157.05 INR.
  • Aanchal Ispat Ltd. rose 19 percent to 4.65 INR.
  • Vimal Oil & Foods Ltd. shares surged 18 percent to 51.10 INR.

 

  • Amrapali Capital & Finance Services Ltd. shares dropped around 17 percent to 27.00 INR.
  • Restile Ceramics Ltd. fell around 12 percent to 4.41 INR.
  • Pranavaditya Spinning Mills Ltd. shares declined 10 percent to 27.80 INR.
  • Monotype India Ltd. tumbled 10 percent to 21.60 INR.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsForexGlobalMarketsIndian stock marketsNifty50rupeeS&P BSE Sensex
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!