Tuesday 31 March 2015

Nifty above 8,500 levels

The broader market is out-performing the CNX Nifty index. The Midcap and Smallcap indices have gained 0.5 per cent each at 12,996 and 5,614, respectively.

National-Stock-ExchangeFollowing monster ride of more than 500-point yesterday and mirroring strong global markets, the market has started the day on a firm note.

The BSE Sensex opened higher by almost 100-odd points at 28,070 and the NSE Nifty gained 35 points at 8,527.

At 9:30 AM, the S&P BSE Sensex is trading at 28,067 up 91 points, while NSE Nifty is trading at 8,513 up 21 points.
The broader market is out-performing the CNX Nifty index. The Midcap and Smallcap indices have gained 0.5 per cent each at 12,996 and 5,614, respectively.

Among sectors, the CNX Metal index has spurted 1.3 per cent at 2,358. The Pharma, Auto, Realty and Energy indices are the other notable gainers.

On the other hand, the FMCG index has declined 0.2 per cent at 19,827. The PSU Bank and Bank Nifty indices are also down 0.2 per cent each.

Sesa Sterlite and Dr. Reddy's are the top gainers in the Nifty space, the stock have surged almost 2 per cent each at Rs. 192 and Rs. 3,490, respectively.

Infosys, Reliance, NMDC, BPCL, Coal India, Tata Power, Cairn India and Lupin are the other significant gainers.

On the other hand, Ultratech Cement has slipped 1.5 per cent at Rs. 2,901. NTPC, ITC and ONGC have also dropped over a per cent each. 

No comments:

Post a Comment