Today Indian share markets finished the trading day on a firm note as the country moved a step closer to implementing a nationwide goods and services tax (GST) from 1st July.

The NSE Nifty gained 29.95 points at 9,173.75 while the BSE Sensex was up 115.99 points at 29,647.42.

Asian equity markets finished lower today with shares in China leading the region. The Shanghai Composite is down 0.96% while Japan’s Nikkei 225 is off 0.80% and Hong Kong’s Hang Seng is lower by 0.37%. European markets are mixed. The DAX is higher by 0.11%, while the FTSE 100 is leading the CAC 40 lower. They are down 0.04% and 0.03% respectively.

Meanwhile, the rupee was trading at Rs 64.93 against the US$ in the afternoon session. Oil prices were trading at US$ 49.41 at the time of writing.

The broader markets also gained momentum, with the BSE Midcap rising 0.4 percent and Smallcap up nearly a percent. About two shares gained for every share falling on the exchange.

HDFC Bank and Adani Ports were leading contributors to Sensex’ gains, up 2.51 percent and 5.77 percent on value buying, respectively.

Kotak Mahindra Bank gained 0.4 percent as the bank will raise up to approximately Rs 5,500 crore through issue of up to 6.2 crore equity shares.

Reliance Industries was up over a percent after the company completed sale of entire its 76 percent stake in Mauritius-incorporated Gulf Africa Petroleum Corporation to Total.

The rupee was trading at 64.93 per US dollar.

Top 5 Nifty Gainers: ADANIPORTS (6.23%), EICHERMOT (2.65%), GAIL (2.32%), HDFCBANK (2.20%) and INDUSINDBK (2.05%).

Top 5 Nifty Losers: IDEA (-1.80%), BHEL (-1.64%), COALINDIA (-1.53%), BOSCHLTD. (-1.51%) and TATASTEEL (-1.42%)

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Today Indian share markets finished the trading day on a positive note.

NSE Nifty closed at 9143 levels, up by 43 points or 0.4%, while BSE Sensex closed at 29,531 levels, up by 121 points or 0.4%.

Bharti Infratel share price rallied 5.4% after a consortium of global private equity firms KKR and Canada Pension Plan Investment Board (CPPIB) bought 10.3% stake in tower infrastructure firm from open market. The consideration from stake sale is Rs 68.1 billion.

Asian equity markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.19% and the Nikkei 225 rose 0.08%. The Shanghai Composite lost 0.36%. European markets are higher today with shares in Germany leading the region. The DAX is up 0.56% while France’s CAC 40 is up 0.25% and London’s FTSE 100 is up 0.03%.

While, BSE Mid-cap Index closed up 0.31% at 13930 whereas, BSE Small-cap Index closed up 0.31% at 14196.

UCAL Fuel Systems limited closed at Rs 218 per share, up by Rs 36 per or 19%

Nutraplus India Limited closed at Rs 24 per share, up by Rs 4 or nearly 19%.

Kolte-Patil Developers Limited closed at Rs 189 per share, up by Rs 27 or 17%.

Shalimar Paints Limited closed at Rs 171 per share, up by Rs 19 per share or 13%.

There were 597 advances, 824 declines and 351 unchanged stocks on NSE, reflecting bearish undertone floating in the market.

The rupee was trading at 64.90 per US dollar.

Top 5 Nifty Gainers: INFRATEL(6.07%), SBIN (2.34%), ICICI BANK (1.91%), HCLTECH (1.64%) and HINDALCO (1.53%).

Top 5 Nifty Losers: HERO MOTO CO. (-2.68%), SUN PHARMA (-1.80%), AURO PHARMA (-1.33%), GRASIM. (-0.91%) and TATAMTRDVR (-0.82%)

To qualify NCFM Capital Market Dealers Module certification examination, register with Intelivisto.com and buy Capital Market comprehensive question bank which features mock test, chapter-wise and full length test as per NCFM standards. It also includes performance analysis tools to analyze the performance. For more information call on: +91-9891224488.