Nifty opened at 8499.45 level, up by 23.65 points or 0.27%. Sensex opened at 27462.83, gaining 174.5 points or 0.63%. Broader markets also opened with gains.
The market remained at higher levels for whole day. Nifty touched a high of 8612.60 level and managed to close above 8600 level at 8602.75. Though there were uncertainties in the market owing to expiry of derivatives contract of January series, Nifty firmly closed at higher level.
There were 874 advances, 589 declines; and 85 remained unchanged in Wednesday’s trading session, showing strong positive bias floating in the market.
IT sector is still witnessing the pressure. Nifty IT closed at 10164.45 level losing 37.15 points or 0.36%. TCS outperformed the IT index to close in green, up by 1.67%.
Nifty Private Bank was leading the bunch of sectoral indices on NSE. The index closed at 10812.55 level, gaining 2.54%. Kotak Bank was the top gainer in the private banks. The stock closed at Rs 793.90 per share, up by Rs 50.55 per share or 6.80%.
BSE Finance emerged as top gainer in Wednesday’s session, and closed up by 2.59%. HDFC contributed 25% to the index gains and pushed the index to higher level.
IT, Telecom, Utilities, Power and Teck were showing weakness on BSE with Telecom being the top loser.
All the European major indices are currently trading in green. CAC 40 is trading up by 8.62 points and DAX is trading up by 49.18 points.
The market remained at higher levels for whole day. Nifty touched a high of 8612.60 level and managed to close above 8600 level at 8602.75. Though there were uncertainties in the market owing to expiry of derivatives contract of January series, Nifty firmly closed at higher level.
There were 874 advances, 589 declines; and 85 remained unchanged in Wednesday’s trading session, showing strong positive bias floating in the market.
IT sector is still witnessing the pressure. Nifty IT closed at 10164.45 level losing 37.15 points or 0.36%. TCS outperformed the IT index to close in green, up by 1.67%.
Nifty Private Bank was leading the bunch of sectoral indices on NSE. The index closed at 10812.55 level, gaining 2.54%. Kotak Bank was the top gainer in the private banks. The stock closed at Rs 793.90 per share, up by Rs 50.55 per share or 6.80%.
BSE Finance emerged as top gainer in Wednesday’s session, and closed up by 2.59%. HDFC contributed 25% to the index gains and pushed the index to higher level.
IT, Telecom, Utilities, Power and Teck were showing weakness on BSE with Telecom being the top loser.
All the European major indices are currently trading in green. CAC 40 is trading up by 8.62 points and DAX is trading up by 49.18 points.
No comments:
Post a Comment