Friday 27 February 2015

Nifty revisits 8,800 levels

CNX PSU Bank, CNX Realty, CNX Metal and CNX Infra indices are the prominent gainers 

National-Stock-Exchange

The market is now trading at the highest point of the day on the back of buoyant buying after the Economic Survey said that there is scope for big bang reforms in tomorrow's Union Budget.


At 2:14PM, the S&P BSE Sensex is trading at 29,143 up 396 points, while NSE Nifty is trading at 8,817 up 133 points.

 The broader market is also trading on a firm note. The CNX Smallcap index has advanced 1.8 per cent at 5,675, and the Midcap index has added 1.5 per cent at $ 13,040. 

All sectoral indices, barring the FMCG index, are trading on a positive note. 

The CNX FMCG index has dropped over a per cent as market participants are anticipating hike in excise duty.

 The CNX PSU Bank index has soared nearly 4 per cent. 

The CNX Realty index has jumped 3.2 per cent. The CNX Metal and the CNX Infra indices have surged 2.7 per cent each. In FMCG space, ITC is the top loser - down 2 per cent at Rs. 388. Jubilant 

Foodworks has slipped 1.2 per cent at Rs. 1,662. Dabur India, Emami and Colgate Palmolive are the notable losers.

 On the other hand, Rasoya Proteins has zoomed 12.5 per cent at Rs. 0.45. United Breweries has jumped 3.5 per cent at Rs. 990.  McLeod Russel has added 1.6 per cent at Rs. 232. 

Britannia, Tata Global and Godrej Industries have spurted over a per cent each. 

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