Monday, 24 April 2017

Nifty closes above 9200 for first time since April 12, Sensex rallies 290 points

Benchmark indices NSE Nifty closed at 9217 levels, higher by 98 points or 1%, whereas the BSE Sensex closed at 29,655 levels, higher by 290 points or 0.9%. Nifty closes above 9200 for first time since April 12, 2017.
 
While, BSE Mid-cap Index closed up 0.7% at 14597 whereas, BSE Small-cap Index closed up 0.9% at 15350. 
 
There were 988 advances, 688 declines and 299 unchanged stocks on NSE, reflecting bullish undertone floating in the market.
 
ACC Limited was the top Nifty gainer whereas, Lupin Limited was the top Nifty loser. ACC closed at Rs 1608 higher by 7.5%, Lupin closes at Rs 1361 per share down by 3.3%

HDIL surged over 5% as the company announced that it launched a new residential project in Mulund, Mumbai. The stock closed at Rs 91.55 per share, higher by 1.8%. 
 
AGI Infra rallied 11.5% on the BSE as the company announced that it has received approval for project under affordable housing policy 2017. The stock closed at Rs 156 per share higher by 20%.
 
ITI on Monday soared over 15% as the company hitting a high of Rs 104 per share and an intraday low of Rs 96 per share. The stock closed at Rs 105.20 per share higher by 19.9%
 
ITDC, a state-owned company jumped nearly 13% hitting an intraday high of Rs 747 per share and an intraday low of Rs 650 per share. The stock closed at Rs 719.50 per share higher by 14%.
 
Movers and Shakers of the day:
 
Indian Bank closed at Rs 284 per share, up by Rs 23 or 9%%.
 
Bharat Forge closed at by Rs 1135 per share up by Rs 57 or 5.3%.
 
Reliance Power closed at Rs 49 per share up by Rs 2 or 5%.
 
Piram Enterprises closed at Rs 2467 per share up by Rs 117 or 5%.