Sensex, Nifty End Choppy Session On Mixed Note

Sensex, Nifty End Choppy Session On Mixed Note

In the second half of Monday's trading session, Sensex touched a new high of over 33848-mark. Titan soared almost 19 per cent post better-than-expected financial results for the quarter ended September 30, 2017. Both Sensex and Nifty were trading near life time high. In Q2FY18, Indian Bank posted 11.45% rise in its net profit to Rs Rs 451.54 crore compared to Rs 405.14 crore in the similar period of the previous year - as bad loans declined although provisioning to cover for such assets was raised.

The 30-share index retreated by 97.19 points, or 0.28 per cent to 33,588.37 points as against Friday's record close of 33,685.56. Auto and PSU Bank stocks performed the best with the respective sub-indices gaining 1.32 and 0.92 per cent.

The broader NSE Nifty, which climbed to an all-time high of 10,490.45 in the session, ended 0.01 percent lower at 10,451.80.

Derailed train delays on South Western Railway and District Line
Around 300 people were evacuated from the train with Network Rail expecting the line to be affected for much of the day. South West trains: Severe delays and cancellations between Chessington South and London Waterloo due to derailment.

Among the top Sensex gainers, Mahindra & Mahindra advanced 3 percent, ONGC gained 2.4 percent, Tata Motors rose 2 percent, Maruti Suzuki was up 1.3 percent while Adani Ports added 1.2 percent. The BSE Telecom, Power and Capital Goods slipped 1.08 per cent, 0.59 per cent and 0.38 per cent, respectively.

The losses in Asian shares came despite gains in Wall Street on Friday, with the Dow Jones Industrial Average up 0.1 percent, the S&P 500 gaining 0.31 percent and the Nasdaq adding 0.74 percent.


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