Friday, 17 March 2017

Nifty closes at 9160, Sensex above 60 points, ITC stock of the day


Barometer index NSE Nifty in opening session hit it all time high of 9207.80 marks, soon after paring its gains in the afternoon session and managing to close in green up by 6 points. While Sensex closed 33 points away from it record closing high.
 

NSE Nifty closed at 9160 levels, up by 6 points or 0.07%. BSE Sensex closed at 29,648 levels, up by 63 points or 0.21%.
 
There were 691 advances, 954 declines and 275 unchanged stocks on NSE, reflecting bearish undertone floating in the market.
 
ITC was the top Nifty gainer whereas, Idea was the top Nifty loser in Friday’s trading session.
 
The BSE Mid-cap Index closed down 0.1% at 13893 whereas, BSE Small-cap Index closed up 0.1% at 14012.

Cigarette company shares since morning session were sizzling on bourses as the GST Council on Thursday cleared a proposal to cap the cess on tobacco and cigarettes on Thursday.
 
ITC rallied 7.5% hitting a high of Rs 288 per share, the stock closed at Rs 280 per share up by Rs 12 per share or 4.6%
 
Sugar stocks in closing hours of trade were gained ahead of the sugar output data.
 
Andhra Sugar was up by 8.5%, the stock closed at Rs 296 up by Rs 19 per share or 6.9%.

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