Domestic stock markets opened higher on Monday on fall in Crude oil price. At 10.40am, the BSE Sensex was up 180pts at 39,894 and NSE's Nifty50 was higher at 11,974 up 52pts. HeroMoto Corp, Bajaj Auto, Asian Paints, Britannia and IOC were the top gainers on Nifty50, while ONGC, Mahindra&Mahindra, Hindalco and ITC led the losses. Sectoral indices on the Nifty were trading mixed trend at this time with Nifty bank, Media, Pharma and PSU Bank were trading in the red, while Auto, financial service, FMCG, IT, Metal and realty were seen buying. Shares of HeroMoto Corp gained 5.59% to Rs.2803 per share after the company reported strong May auto sales numbers Bharti Infratel also advanced 1.32pc after the NCLT approved merger of the company with Indus Towers. Free Intraday Trading tips, MCX Free Tips, Commodity tips and Stock Tips Read the full article

Shares of Reliance Industries Limited (RIL) declined over 2.5pc in Monday’s mid-session, in spite of the company reported better than expected numbers for Q4FY19. As per earning numbers reported by the company, its revenue grew by 17.9pc on year basis (YoY) to Rs.1,41,634-crore. EBITDA came in at Rs.20,832-cr, up 12.8pc YoY. EBITDA margin contracted by 67-bps to 14.71pc, YoY. During mid-market session at 1.30pm, Share price of Reliance Industries Ltd was at Rs.1,351 down by Rs34.95 or 2.52pc, from its previous closing of Rs1,385.95 on the NSE. The stock has touched a high and low of Rs1,367 and Rs1,345, respectively. In comparison BSE Sensex quoted at 38793-mark down 347-points and the NSE Nifty50 was at 11627-mark, down 125-points. Read the full article

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