Sensex And Nifty Figures Recently Show Marginal Increment

Si TeamThe nation can breathe a sigh of relief as Sensex figures were up to 2.40 percent which is a slight increment of 0.01 percent on Monday morning which stood at 40, 447.55 . NIFTY also showed a minor increment of up to 8 points or 0.07 percent at a value of 11,929.50. However, a sense of caution still prevails among investors who are waiting for the government to arrest demand slow down that is prevailing across most of the sectors in the country.
The gains were led by SunParma, HDFC(1.88 percent), Axis Bank(1.71 percent), Reliance Industry and ICICI bank which rose up to 2.66 percent. Also, trades were higher due to the gains in Maruti Suzuki. The automobile giants increased its productions in the month of November by 4.33 percent, after going through a nine previous months of reduced output. The large cap stock has gained after three days. However, Maruti Suzuki stock is down 3 percent in last one year and fallen 4 percent since the beginning of this year. Auto and metal stocks led the gains with their BSE indices rising 225 points and 87 points, respectively. Yes Bank share price rose up to 5 percent ahead of the meeting of the Board of Directors.

On the flip side, ONGC, SBI, Hero Motor corp. Tata Steels, Asian Paints were among the one's running losses losing as much as 3.46 percent. Else where in Asia, Shanghai Composite Index, Kospi and Nekkei ended significantly higher to counter the global economic slowdown.

Mean while, the Indian rupee further declined by 30 paisa to 71.46 against the US dollar.