Sensex Trades Higher; Yes Bank And Bharti Airtel Top Gainers

Share markets in India are presently trading on a positive note. Sectoral indices are trading mixed with stocks in the energy sectorbanking sector and telecom sector witnessing maximum buying interest while metal stocks and realty stocks are witnessing selling pressure.

The BSE Sensex is trading up by 164 points (up 0.5%), while the NSE Nifty is trading up by 39 points (up 0.4%). The BSE Mid Cap index is trading up by 0.3% and the BSE Small Cap index is trading on a flat note.

The rupee is trading at Rs 71.09 against the US$.

The rupee rose against the US dollar primarily after global crude oil prices started to come under pressure.

Oil prices began to settle this week, despite persistent worry about the global economy, after reports emerged that Asian government were considering fiscal stimulus measure in anticipation of the slowdown.

Market participants are tracking L&T share priceMaruti Suzuki share priceDHFL share priceVakrangee share priceas they announce their December quarter results today.

You can also read our analysis of some recently released Q3FY19 results: Asian PaintsTVS MotorHavellsPfizerICRABharti Infratel.

In the news from the telecom sectorBharti Infratel share price is in focus today as the company has made a settlement with four operators, including Vodafone Idea that exited from its cell sites before the expiry of their contracts at a payment of around Rs 38 billion.

The payments include one-time charge of Rs 20 billion and rental of around Rs 18 billion.

Bharti Infratel share price is presently trading up by 4.7%.

Moving on to the news from the banking sectorYes bank share price is witnessing buying interest today after the lender on Thursday named Ravneet Singh Gill as the new MD and CEO to succeed Rana Kapoor, whose term ends on January 31.

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