Friday 10 February 2017

Nifty and Sensex closed flat; Nifty IT is top gainer; Tech Mahindra up by 3.06%.



Nifty opened firmly above the crucial level of 8800 at 8812.35 levels, up by 33.95 points. It then weakened a bit till lunch hours, but later touched a high of 8822.10 levels, up by 43.7 points; however, it closed at 8793.8 levels up by 15.4 points.
 
There were 734 advances, 906 declines and 273 unchanged stocks on NSE, reflecting some negative bias floating in the market.
 
Sensex closed at 28334.25 levels, up by 4.55 points or 0.02%. BSE Mid-cap index showed some weakness and closed at 13468.41 levels, down by 38.20 points or 0.28%. BSE Small-cap index closed at 13601.31 levels, up by 18.42 points or 0.14%.

Nifty IT was the top gainer among the sectoral indices on NSE. The index surged in the closing hours to close at 10372.85 levels, up by 204.95 points or 2.02.
 
Heavyweight player from IT, TCS closed at Rs 2382.9 per share, up by Rs 65.60 per share
or 2.83%. Tech Mahindra closed at Rs 499.85 per share, up by Rs 14.85 per share or 3.06%. Infosys closed at Rs 967 per share, up by Rs 21 per share or 2.22%.
 
Grasim was the top gainer in the pack of Nifty 50 stocks, closing at Rs 1014.90 per share, up by 4.13%.

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