Stock Market

Indian Stock Market Witnesses Handsome Rally; Nifty50 Up 168 Points, Sensex Jumps Over 482 Points

The Indian stock market is seeing a rally in this evening session with the Nifty50 up 168 points exchanging at 10,469 while the Sensex has bounced over 482 at 34,781.

Dewan Housing Finance Corporation Ltd, Centrum Capital Ltd, Venkys (India) Ltd, and Shriram Transport Finance Company Ltd are among alternate gainers in the BSE A group today, October 10, 2018.

HEG Ltd spiked 20.00 percent to Rs 3871.05 at 11:48 IST. The stock was the greatest gainer in the BSE A group. On the BSE, 48432 shares were exchanged on the counter so far as against the normal everyday volumes of 25788 shares in the previous multi-month.

The broadness of the Indian stock market favored advances with 2036 stocks, 568 declined and 140 stayed unaltered.

Dewan Housing Finance Corporation Ltd flooded 18.71 percent to Rs 288.7. The stock was the second greatest gainer in A group. On the BSE, 26.17 lakh shares were exchanged on the counter so far as against the normal day by day volumes of 39.09 lakh shares in the previous month.

Centrum Capital Ltd took off 14.52 percent to Rs 37.85. The stock was the third greatest gainer in A group. On the BSE, 1.46 lakh shares were exchanged on the counter so far as against the normal day by day volumes of 1.6 lakh in the previous month.

From the BSE Group B stocks, Goa Carbon zoomed 20 percent and contacted the upper circuit of Rs 664.90 and saw a spurt in the volume of 3.21 times. Windsor Machines included 19.95 percent while Universal Cables increased 18.22 percent. Universal Cables saw a spurt in the volume of 1.04 times. TD Power Systems is up 16.62 percent and Sangam India included 14.83 percent, according to the report of Moneycontrol.

In the Indian stock market, Shriram Transport Finance Company Ltd exploded 12.19 percent to Rs 1072. The stock was the fifth greatest gainer in A group. On the BSE, 71123 shares were exchanged on the counter so far as against the normal daily volumes of 79649 shares in the previous month, according to the report of Business Standard.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
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