Sensex Finishes Firm

After trading flat in the morning session, Indian share market witnessed buying momentum in the afternoon trade to begin the week on a positive note amid strong European markets.

At the closing bell, the BSE Sensex stood higher by 118 points, while the NSE Nifty finished up by 42 points. Meanwhile, the S&P BSE Mid Cap & the S&P BSE Small Cap finished up by 0.7% and 0.3% respectively.

Gains were largely seen in auto sector and metal stocks. Here is a list of BSE gainers today.

According to a leading financial daily, the production of sugar rose by 17.39% and stood at 27.41 lakh tonnes (LT) during the first two months of the current marketing year that started in October on the back of higher output in Uttar Pradesh, as per data compiled by Indian Sugar Mills Association (ISMA). The production stood at 23.35 LT in the year-ago period.  The sugar marketing year runs from October to September.

After remaining stable at Rs 36,000 a tonne in September, sugar prices touched a five-year high of Rs 36,200 a tonne in October. Post-demonetisation, it fell marginally to Rs 35,500 a tonne in November.

Sugar stocks finished on a negative note with Sakhti Sugars and Rajshree Sugars leading the losses.

(Get Sakhti Sugars share price and Rajshree Sugar share price)

Moving on to Oil & Gas stocks news.

ONGC share price finished the trading day on an encouraging note (up 1.4%) after it was reported that the company will begin producing oil from the Ratna and R-Series oilfield in Mumbai offshore in 2019.

At the time of writing share market news, the rupee was trading at 68.17 against the US$ in the afternoon session. Oil prices were trading at US$ 52.18.

At last, if you have any query, use Equitymaster's online stock screener to scan stocks listed in BSE and NSE stock exchanges in India using various key metrics like share price, market cap, P/E ratio, dividend yield and more.

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