Thursday, April 18, 2019

STOCK MARKET REVIEW 18 APR 2019


Selling in banks, realty and metal counters dragged the domestic equity market lower on Thursday.S&P BSE Sensex lost 135 points to settle at 39,140, with YES Bank being the biggest loser and Reliance Industries  the top gainer.Market breadth remained in favour of declines as out of 2,727 securities traded on BSE, 1,671 declined and 888 advanced while 168 scrips remained unchanged. The broader Nifty50 index of the National Stock Exchange  lost 34 points to end at 11,753. On a weekly basis, both the indices gained around 1 per cent.

BUZZING STOCKSReliance Industries (RIL) ended nearly 3 per cent higher at Rs 1,383 apiece on the BSE ahead of its results. Jet Airways crashed 32 per cent to Rs 169 apiece on the BSE after it halted all operations. 
Shares of Deepak Fertilisers & Petrochemicals Corporation rose by 4 per cent to Rs 162.95 in intra-day trade on the BSE on Thursday after the company announced the commercial production of nitric acid complex at Dahej, Gujarat. It closed at Rs 159, up over 1 per cent. 

Market will remain closed tomorrow on account of Good Friday


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