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Fertilizer stocks rally on IMD monsoon forecast, Infosys slumps

The BSE Sensex closed 139 points higher at 38,905.84, whereas Nifty settled 47 points up at 11,690.35 led by gains in auto, IT and banking stocks. Most fertilizer stocks gained after Indian Meteorological Department (IMD) predicted near-normal rains during April-September monsoon, allaying concerns over rise in inflation. Moreover, positive cues from US-China trade talks, strong Chinese export data and hopes of better fourth-quarter earnings kept mood positive. 

Read More at The Economic Times News date : 15 Apr 2019, Monday

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