Thursday 20 October 2016

Sensex ends 145 points up

Closing Bell:

Finally, the BSE Sensex ended with a gain of 145 points at 28,130. The BSE Sensex opened at 28,032 touched an intra-day high of 28,213 and low of 28,031.57.

The NSE Nifty closed with a gain of 40 points at 8,699. The NSE Nifty opened at 8,693 hitting a high of 8,727 and low of 8,678.30.

Live Market:
The domestic market is trading higher amid positive global cues along with strong buying among financials and index heavyweight RIL. Banking stocks extend gains. Bank Nifty surges 1.5% or 287 points to 19,700. ICICI Bank was the top gainer from this space, up 4.8% to Rs 278.

The Indian stock market gained amid a rally in Asian markets as crude oil traded near a 15-month high following an unexpected drop in American crude oil stockpiles and ahead of the outcome of the European Central Bank's meeting.

The BSE Sensex rose 200 points while the broader Nifty50 moved above its crucial psychological level of 8,700 on the back of broad-based buying interest amid strong global cues.

At 2:43 pM, the S&P BSE Sensex is trading at 28,131 up 147 points, while NSE Nifty is trading at 8,715 up 57 points.

The BSE Mid-cap Index is trading up 0.24% at 13,585 whereas BSE Small-cap Index is trading up 0.65% at 13,438.

ICICI Bank, Adani Ports, SBI, HDFC, Axis Bank and Bajaj Auto are among the gainers, whereas ITC, HUL and HDFC Bank are losing sheen on BSE.

Some buying activity is seen in banking, telecom, finance, metal, consumer durables and realty sectors, while oil & gas is showing weakness on BSE.

The INDIA VIX is down 2.10% at 14.3050. Out of 1,885 stocks traded on the NSE, 617 declined, 984 advanced and 284 remained unchanged today.

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