Thursday 16 March 2017

Nifty closes above 9100 for first time; HDFC, Infosys, L&T top contributors to Nifty index gains


Barometer index Nifty closed at it all time high of 9153 levels, up by 68 points or 0.7%. While, Sensex closed at 29586 levels, up by 187 points or 0.6%.  

HDFC, Infosys, L&T were the top contributors to Nifty index gains lifting the it to higher levels.
 
Nifty, Nifty Bank and Nifty Midcap ended at record closing highs on Thursday. whereas, Sensex closed 96 points away from its record closing high of 29682. All the sectoral indices closed in green, Nifty Metal being the top gainer.
 

While, on the NSE advance decline ratio was at 5:2. There were 1149 advances, 482 declines and 288 unchanged stocks on NSE, reflecting bullish undertone floating in the market.
 
Adani Ports was the top Nifty gainer whereas, Bharti Airtel was the top Nifty loser in Thursday’s trading session.
 
The BSE Mid-cap Index closed up 1.5% at 13912 whereas, BSE Small-cap Index closed up 1% at 14006.

APL Apollo Tubes soared over 5% as the company announced partnership with NEXTracker, hitting a 52-week high of Rs 1149.10.
 
Ashoka Buildcon soared over 7% hitting a 52-week high of Rs 199.65 per share. The stocks closed at Rs 196 up by Rs 10 per share or 5%.
 

Pennar Engineeered jumped over 11% as the company bagged order an order worth Rs 152 crore. The stock closed at Rs 130 up by Rs 10 per share or 8%.
 
HCL Tech rallied over 5% as the company is considering buyback of  its shares on March 20. The stocks closed at Rs 53 up by Rs 1 or 2%.

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