The BSE Sensex and NSE Nifty opened on a flat note on Tuesday tracking Asian markets. Sensex opened 4.83 points down at 25,731.07, while Nifty opened 5.05 points down at 7,829.40. (Photo: PTI)
9.37 am: Realty player Housing Development and Infrastructure (HDIL) has sold development rights on its land parcel at Kurla to DK Realty (India) for Rs 649.51 crore. The share price of HDIL was trading 5 per cent up at Rs 73.90.
9.20 am: Shares of Reliance Communications gained after the company on Monday said it has sold nearly 150 residential flats in Navi Mumbai for Rs 330 crore as part of its asset monetisation plans aimed at lowering debt. RCom shares were trading 0.72 per cent up at Rs 84.30.
9.16 am: Country’s largest lender State Bank of India (SBI) on Monday said it plans to raise up to Rs 12,000 crore by issuing tier-II bonds on private placement basis. SBI shares were up 0.41 per cent at Rs 231.30 in the early trade. Sensex was down 38.61 points at 25,697.
9.15 am: The BSE Sensex and NSE Nifty opened on a flat note on Tuesday tracking Asian markets. Sensex opened 4.83 points down at 25,731.07, while NSE Nifty opened 5.05 points down at 7,829.40.
Asian shares took solace from gains on Wall Street and edged higher on Tuesday, though gains were capped by caution over low share trade volume and plunging Brent crude oil prices ahead of this week’s holidays.
MSCI’s broadest index of Asia-Pacific shares outside Japan inched 0.1 per cent higher in early trade, after Wall Street logged solid gains overnight following a losing week. Japan’s Nikkei stock index was down 0.2 per cent in early trade. Hang Seng was up 0.02 per cent.
After taking a day’s breather, the benchmark BSE Sensex on Monday resumed its upward climb by bouncing back almost 217 points to 25,735.90 spurred by a rally in banking, metal and PSU stocks as buying picked up. The broader NSE Nifty too regained the key 7,800-mark. Sentiment was also bolstered amid hopes that Parliament would manage to pass the crucial bankruptcy Bill, brokers said.
(With agency inputs)
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