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Market remains in the green, Nifty gains nearly 100 points

Market remains in the green, Nifty gains nearly 100 points

Market remains in the green, Nifty gains nearly 100 points
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By Nidhi Chugh  Jun 7, 2018 11:44:45 AM IST (Updated)

The market continues to trade in the green with the BSE Sensex trading at 35,498 points and the NSE Nifty trading at 10,777 points, gaining 93 points, a day after the RBI policy rate hike. Idea Cellular, ICICI Bank, Axis Bank, Adani Ports and Vedanta are the top index gainers of the hour while Power Grid Corp, Coal India, Lupin, Sun Pharma and Titan Company are the top index losers. The market has been in the green since the morning trade backed by strong global cues.

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(The above-mentioned detail is the market update as of 11:34 am)
Market update as of 10:10 am
The market continues to trade higher with the BSE Sensex trading at 35,444 points and the NSE Nifty trading at 10,760 points. Vedanta, Axis Bank, Tata Steel, Idea Cellular and ICICI Bank are the top gainers of the hour while Titan Company, Bharti Airtel, Tech Mahindra, Eicher Motors and Coal India are the top index losers of the hour.
Opening Bell
The market has opened in the green on Thursday backed by strong global cues with the BSE Sensex at 35,278 points and the NSE Nifty, reclaiming the 10,700-mark, at 10,722 points.
The market opened positive a day after the RBI policy meet. The RBI raised the repo and the reverse repo rates, but maintained a 'neutral' stance, which brought relief to the market.
Idea Cellular, ICICI Bank, Bajaj Finance, M&M and Hindalco are top opening index gainers, while Bharti Airtel, Bharti Infratel, Coal India and Tech Mahindra are among the losers. Bajaj Finance reached its 52-week high in the opening trade.
The Indian market on Wednesday closed at the day’s high after a volatile session of trade.
Stocks saw a fall in an immediate reaction to RBI's 25 basis point rate hike, but stabilised later to close with major gains.
The late surge helped the market snap a three-day losing streak with the Sensex gaining 276 points to 35,179 and the Nifty surging 91 points to 10,685.
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