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Sensex gains over 300 pts; Coal India up 3%, HUL drags

Dec 19, 2014, 01.14 PM IST | Source: Moneycontrol.com

Coal India, Reliance and Sesa Sterlite are up 3 percent. Wipro and ICICI Bank are top gainers in the Sensex. Among the losers are Bhati Airtel, HUL, ITC, Cipla and Sun Pharma.

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Sensex gains over 300 pts; Coal India up 3%, HUL drags

Coal India, Reliance and Sesa Sterlite are up 3 percent. Wipro and ICICI Bank are top gainers in the Sensex. Among the losers are Bhati Airtel, HUL, ITC, Cipla and Sun Pharma.

13:05

The News International Team

The market is still holding up gains as the Sensex is up 333.26 points or 1 percent at 27459.83 and the Nifty is up 93.25 points or 1 percent at 8252.55. About 1621 shares have advanced, 981 shares declined, and 101 shares are unchanged.

Coal India, Reliance and Sesa Sterlite are up 3 percent. Wipro and ICICI Bank are top gainers in the Sensex. Among the losers are Bhati Airtel, HUL, ITC, Cipla and Sun Pharma.

Coal ministry released approach paper, seeking comments from public on rules for auctioning of coal mines. The government has also constituted a panel, which will meets on December 19, to discuss the draft rules. The Supreme Court scrapped all coal blocks allocated since 1993 after ruling the selective allocation process was arbitrary and illegal.

Gold prices rose by Rs 34, or 0.13 percent, to Rs 26,849 per 10 grams in futures trade today after participants created fresh positions taking cues from overseas markets. Analysts said fresh positions built-up by speculators inline overnight gains in overseas markets, where gold rebounds from two-week low on signs of rising physical demand, mainly led to a rise in gold futures.

12:00

Sensex, Nifty surge 1%; ICICI & RIL lead, Bharti falls 2%

The broader indices also gained in line with benchmarks. About 1525 shares have advanced, 919 shares declined, and 90 shares are unchanged on the Bombay Stock Exchange.

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11:00

Sensex, Nifty hold gains; FY15 GDP growth seen at 5.5%Read More »

Sesa Sterlite, M&M, BHEL, Coal India and Hero MotoCorp are top gainers. Bharti Airtel, HUL, GAIL, ITC and Bajaj Auto are major losers in the Sensex.

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10:00

Sensex up 300 pts; heavyweights lead, Monte Carlo falls 9%Read More »

Monte Carlo Fashions opened at Rs 584, down 9.5 percent compared to issue price of Rs 645 a share. It was trading down 3 percent at Rs 626.50.

Read More »

09:15

Sensex up over 200 pts, Nifty above 8200; Infosys gains 2%Read More »

Infosys, Wipro, BHEL, Axis Bank and Sesa Sterlite are top gainers in the Sensex. Among the losers are Bharti Airtel, ITC, HUL.

Read More »

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