Stock Market News

Sensex, Nifty continue to rise; Oil & Gas index rallies 3%

The market is still firm with support from bank, capital goods, metals and oil & gas stocks. The Sensex is up 145.41 points or 0.6 percent at 24827.89 and the Nifty is up 57.45 points or 0.8 percent at 7556.20. About 1366 shares have advanced, 769 shares declined, and 135 shares are unchanged.
GAIL, Adani Ports, Bharti Airtel, ONGC and ICICI Bank are top gainers while Lupin, Sun Pharma, Cipla, HDFC and Dr Reddy’s Labs are losers in the Sensex.
Oil prices extended their gains in Asia today after key producers agreed to meet next month to discuss limiting output and stabilise a long-running price decline.Prices have rallied from near 13-year lows touched in February after Russia and Saudi Arabia mooted a meeting to freeze output.

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