Monday 6 March 2017

Nifty closes above 8960, Sensex gains over 200 points, RIL hits fresh 52-week high


Nifty closed at 8,963 levels, up by 65 points or 0.7%. Sensex closed at 29,048 levels, down up by 215 points or 0.7%. Both Nifty & Sensex close at two year closing high and Nifty is almost 33 points away from record closing levels. 
 
There were 879 advances, 763 declines and 296 unchanged stocks on NSE, reflecting bullish undertone floating in the market.
 
Reliance was the top Nifty gainer whereas, Grasim was the top Nifty loser in Friday’s trading session.
 

The BSE Mid-cap Index closed up 0.6% at 13,492 whereas, BSE Small-cap Index closed up 0.4% at 13,676.
RIL extended its gains on Monday’s trade. The stock hits its 9-year high of Rs 1312 per share and closed at Rs 1308 per share, up by Rs 49 per share or nearly 4%.
 
Sugar stocks in opening session extended their gains. KM Sugar Mills was up by 5.7%, Dhampur Sugar was up by 5.4%, Dwarikesh Sugar was up by 3.6%, Oudh Sugar was up by 3.7% and Ugar Sugar was up by 2.2%.
 

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