Thursday 30 March 2017

Nifty closes at 9170, Sensex up 115 points, HDFC Bank contributes nearly 80% to Bank Nifty gains

NSE Nifty closed at 9173 levels, up by 29 points or 0.3%. BSE Sensex closed at 29,647 levels, up by 115 points or 0.3%. There were 1039 advances, 566 declines and 321 unchanged stocks on NSE, reflecting bullish undertone floating in the market.
 
Adani Ports was the top Nifty gainer whereas, Idea was the top Nifty loser in Thursday’s trading session. Adani Ports closed higher by 6.23% at Rs 341 per share whereas Idea closed lower by 1.8% at Rs 87.3 per share.
 
Benchmark indices Nifty and Sensex witnessed sharp gains as the Lok Sabha cleared the Finance Bill which was introduced by Finance Minister Arun Jaitley.
 
Soon after NSE Nifty hit an intraday high of 9172 and the BSE Sensex hit an intraday high of 29,667 on Thursday’s trade.
 

The BSE Small Cap index surpassed it previous high of 14,239.24 and soared 0.83% to 14,315 during the day. The index has previously touched its high on January 8, 2008 on an intraday basis.
 
Whereas the BSE Mid Cap index hit its record high and was up by 0.49% at 14002 during the day.
 
BSE Mid-cap Index closed up 0.5% at 14001 whereas, BSE Small-cap Index closed up 0 1% at 14340 on Thursday.
 
Kalpataru Power Transmission extended its rally on Thursday on securing orders worth Rs 1200 crore closing at Rs 319 per share up by Rs 10 per share or 3.3%.
 
HDFC Bank contributed nearly 80% to the Bank Nifty gains. The stock closed at Rs 1460 up by Rs 31 or 2.2%. The Bank Nifty closed at 21620 level, up by 1% in Thursday's trading session.

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