Sensex zooms over 205 points, logs fresh closing high of 32,514.94

Sensex soared 205.06 points to close at fresh record high of 32,514.94. Nifty gained 62.60 points to end at new peak of 10,077.10.

Performance of sectoral indices on NSE

Markets at day's high

BSE Sensex hit intra-day high of 32,517.28. NSE Nifty was also at intra-day high of 10,069.45.

Shares of Larsen and Toubro (L&T) rose by 4 percent after the company registered a 46 percent jump in consolidated net profit for the first quarter through June. The stock gained 4 percent to Rs 1,206 on the BSE. On the NSE, it went up by 3.96 percent to Rs 1,207.50.

Engineering and construction conglomerate Larsen and Toubro on Friday registered a 46 percent jump in consolidated net profit to Rs 893 crore for the first quarter ended June 2017.
   

Performance of BSE 50 stocks

The market breadth, indicating the overall health of the market was positive. On BSE, 1,324 shares rose and 1,102 shares fell. A total of 149 shares were unchanged.

At NSE, SBI share was up over 4 percent. The bank has decided to cut interest rates on savings deposits by 0.5 percent.

According to the new structure, for saving deposits balance up to Rs 1 crore, SBI will offer a rate of 3.5 percent as compared to 4 percent earlier. However, for saving deposits balance above Rs 1 crore, rate of interest has been retained at 4 percent per annum.

At Multi Commodity Exchange (MCX), gold for delivery in August fell by Rs 60, or 0.21 percent, to Rs 28,520 per 10 grams.

Top 10 losers on NSE

Top  gainers on NSE

The rupee appreciated by 5 paise to 64.10 against the US dollar, with the American currency coming under heavy selling by banks and exporters.  On Friday, the rupee had retreated by 4 paise to end at 64.15 against the US dollar even as the greenback struggled to bounce back globally.

The BSE benchmark Sensex quoted higher by 113.72 points or 0.35 percent at 32,423.60 after moving in range of 32,428.95- 32,428.95. It opened at 32,412.20 against its previous close of 32, 309.88.

Similarly, the NSE Nifty was up 27.35 points or 0.27 percent at 10,041.85.

Opening Bell: Markets may start week on positive note tracking supportive cues from global markets.

Asian stock indices turned positive after solid Chinese data on Monday following a lacklustre start, while the dollar edged up but remained capped by US political uncertainty. Chinese shares rose, with the blue-chip index up 0.15 percent and the Shanghai Composite up 0.2 percent. Hong Kong`s Hang Seng rose 0.6 percent.

On Wall Street on Friday, the S&P and Nasdaq indexes fell after earnings from companies including Amazon, Exxon Mobil and Starbucks disappointed.