Indian stock markets ended flat on Monday following a drop in most of the Asian markets.
Indian stock markets opened little higher on Monday following a drop in most of the Asian markets in morning trade. BSE Sensex gained 23.04 points to open at 33,365.84 whereas NSE Nifty added 3.6 points to begin at 10,287.2. Meanwhile, the Indian bond yields fell heavily in the early session today after the Reserve Bank of India withdrawn the sale of worth Rs 10,000 crore worth of bonds via open market operations. Meanwhile, Asian shares eased on Monday, with investor sentiment hurt by a retreat on Wall Street and sliding Chinese stocks, while the euro skidded after German coalition talks hit an impasse. Wall Street ended the week on a sour note on Friday, with major indexes slipping modestly as investors weighed the fate of the Republicans’ tax overhaul plan, Reuters reported.
5.24 pm: Rupee concludes 8 paise lower against US dollar: The rupee ended slightly lower on Monday after gaining massively in the last session on Friday.
4.31 pm: Sensex ends flat at 33,359, Nifty settles at 10,298 in a dull session: Indian stock markets ended flat on Monday but managed to end the session in green with minimal upside as investors awaited macroeconomic factors which may drive the momentum in upcoming sessions.
3.44 pm: Buy these 4 stocks under Rs 100 and gain up to 40%: The rally in Indian stock market has been favoured by many historic moments in 2017. We bring you four stocks which you can buy below Rs 100 per share, that may gain up to 40%.
2.30 pm: Buy this PSU stock and gain over 30% in a year: Indian stock market had grown multifold in 2017 led by many supportive events. As investors lookout for opportunities remains in place, we bring you a PSU stock that may return more than 30% in 12-18 months.
12.16 pm: RCom, once a Sensex stock, now to be removed from BSE 200 index; shares tank 5%: Shares of Anil Ambani-led debt-ridden telecom arm Reliance Communications slipped as much as 5% on Monday on news of exclusion from BSE 200 index from next month.
10.41 am: Yes Bank, IndusInd Bank shares gain up to 2% on Sensex inclusion news: Yes Bank and IndusInd Bank stocks opened higher on Monday and further extended the gains on news of inclusion in the 30-share benchmark index — Sensex.
10.02 am: Sensex trades marginally higher; Indian bond yields dives after RBI cancels Rs 10,000 crore bond sale: Sensex and Nifty opened little higher on Monday as most of the Asian markets fell in morning trade. Indian bond yields fell heavily in the early session today after the Reserve Bank of India withdrawn the sale of Rs 10,000 crore worth of bonds