For Quick Alerts
For Daily Alerts

Markets Trade Higher Post GDP Numbers


Indian markets opened the day higher, following the selling witnessed on Friday, ahead of the GDP numbers, which came at a mere 4.5 per cent. Despite poor GDP numbers, markets were higher as the number did not come as a shocker.

Asian markets were trading higher led by the Hong Kong's Hang Sang and the Japanese Nikkei. The Dow Futures were also pointing to robust gains, which pushed indices higher.


The Sensex was trading with gains of 142 points, while the Nifty was higher by 31 points.

Shares in Yes Bank gained 1 per cent, after the company's board of directors proposed a placement of shares on preferential basis to a number of investors.

Shares in RBL Bank too jumped after the bank approved raising funds via the preferential route. Tata Motors saw a drop in its share price as total domestic sales were down 25% at 38,057 units versus 50,470 units, year-on-year.

Markets Trade Higher Post GDP Numbers

Shares in Jagran Prakashan jumped 10 per cent, after the company said that the board would meet to consider a proposal for buyback of shares.

Reliance Industries saw its share price gain 3 per cent, following the possibility of an upward revision in call rates for its mobile service charges. This was one stock that was propelling the indices today.

Read more about: sensex nifty
Story first published: Monday, December 2, 2019, 9:17 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more