First Trade: Equities head higher; Nifty above 24,950


Indian equities in Monday’s trade reacting to the global cues opened higher. The sentiment was lifted as India overtook Japan to become the 4th leading economy globally. The 30-share Sensex index was trading at 82,248 level, up 526.58 points or 0.64 per cent, while the NSE Nifty50 reclaimed the 25,000-mark, hovering at 25,032 level, higher by 179 points or 0.72 per cent versus previous close.

Broader markets, meanwhile, outperformed headline indices with gains of up to 0.75 per cent.

Bank Nifty, also, traded strong- led by counters like ICICI Bank, HDFC Bank, Axis Bank and SBI among others.

From the Nifty50 pack, top gainers included stocks like Hindalco, M&M, Tata Motors, Hero MotoCorp and Bajaj Auto, while laggards include stocks such as Eternal, Bharat Electonics, SBI Life Insurance and UltraTech Cement.

Stocks in news

Results 

FNO: Aurobindo Ph (post-market) 

JSW Steel: Supreme Court to hear JSW Steel’s plea on Bhushan Power liquidation 

Jupiter Wagon: Board Meet to consider dividend 

Tracxn: Board Meet to consider Buyback of shares 

Asian markets

Asian markets traded mixed feeling the heat from US President Donald Trump’s uncertain moves around tariffs. At the last count, the MSCI Asia ex Japan index traded higher by 0.1 per cent.

 



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