Stock Market Live Updates: Nifty Near 26,200, Sensex Gains Over 500 Points; Infosys, Shriram Finance In Focus

• India, New Zealand conclude trade deal talks

• India gets zero-duty on 100% of tariff lines of NZ (8,284 tariff lines)

• In return, India has given tariff liberalisation in 70% lines covering 95% of bilateral trade

• Gains anticipated in textile, clothing, leather, footwear, emerging and advanced engineering, agri products such as processed foods, spices, coffee, pharma, plastic, rubber, chemicals

• India gets market access in 118 services sectors including IT

• Quota of 5,000 temporary employment entry visas opened up for India for stay up to 3 years in sectors like IT, engg, healthcare, education, yoga, chefs, music teachers

• India secures students mobility annex and post study work visa signed with India

• No caps on number of students, can work for 20 hours per week

• Secured working holiday visa with multiple entry for 1000 young Indians for a year

• India’s offer access in 106 services sectors, MFN in 45 services sub-sectors

• Current bilateral trade at $2.4 billion, aim is to double in next 5 years at least

The shares of Dilip Buildcon rose to hit one-month high after it received an order worth Rs 4,900 crore form MPUVNL for 1,363.55 MW solar power plants in Madhya Pradesh.

The scrip rose as much as 5.39% to Rs apiece on Monday, the highest level since Nov. 25. It pared losses to trade 4.07% higher at Rs 479.70 apiece, as of 11:08 a.m. This compares to a 0.63% advance in the NSE Nifty 50 Index.

It has risen 1.47% in the last 12 months.

Long Buildup
Solar Industries India
KEI Industries

Short Covering
Rail Vikas Nigam
Mazagon Dock Shipbuilders

Long Unwinding
Sammaan Capital
Cyient

Short Buildup
Cholamandalam Investment & Finance Company
Mphasis Ltd.

All railway stocks trade higher on Monday after Indian Railway hiked its prices on Sunday.

Platinum has hit a record high of $2,056 on Monday. It had risen 36% in the last one month.