Friday 15 December 2017

Yes Bank included in S&P BSE Sensex from Monday

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Yes Bank Limited will be included the list of 30-most tracked stocks S&P BSE Sensex with effect from 18-December 2017,  Yes Bank stated in a regulatory filing.

The S&P BSE Sensex is the most tracked bellwether index of India Stock Market. It is designed to gauge the performance of the 30-largest, most liquid and financially sound companies across key sectors of the Indian economy that are listed at BSE Limited.

Shares of Yes Bank Limited closed 3.98% up at Rs. 316.05 on BSE, while the Sensex ended 216.27 points higher at 33,462.97.

Rupee climbs to 64.11 on exit poll findings win for BJP in Gujarat, Himachal Pradesh

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According to the exit poll findings released yesterday, the BJP is set to keep up Gujarat and Himachal Pradesh from the Congress. This led to zoom the stock market to a great extent, impacting in turn the rupee sentiment.
The dollar lost some influence against the euro after the ECB left its policy rates and stimulus measures unharmed. The Bank of England also retained key interest rates unchanged.
The Indian currency jumped by 23 paise to 64.11, whereas bond yields edged lower in the morning after the exit polls indicated the country's ruling alliance would triumph elections in Modi’s home state but caution remained ahead of the actual results.
The benchmark Ten-year bond yield was down 1 bps at 7.12%, while the partially convertible rupee was at 64.15/dollar, with reference to its previous close of 64.34.

Meantime, in the opening stock trade Friday, the BSE Sensex barometer shot up 358.11 points to 33,605.11 while the NSE Nifty soared 110.20 points to 10,362.30.

Thursday 14 December 2017

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