Nifty closes 39 points up at 9,952

The NSE 50-share Nifty today closed

the day with modest gain of 39 points following fresh buying

in Realty, Metal Energy and IT sectors on the back of higher

global cues.

Investors took a cautious stance amid current

geopolitical tensions, however, improving bilateral

relationship between India and China gave them some relief.

Overseas, European stocks were trading higher, while

Asian stocks were mixed on lingering tensions between the US

and North Korea. US financial markets remained closed

yesterday on account of Labour Day.

The Nifty opened higher at 9,933.25 and moved in a

range of 9,963.10 and 9,901.05 before ending at 9,952.20, a

modest rise of 39.35 points, or 0.40 pct from its last close.

It saw an intra-day movement of about 62.05 points.

On Sectoral front, Nifty Realty rose 1.41 per cent, Metal

0.86 per cent, Energy 0.85 per cent, IT 0.54 per cent, Pvt

Bank 0.50 per cent, Bank 0.38 per cent, Finance Service 0.35

per cent, Auto 0.31 per cent, Media 0.31 per cent and FMCG

0.22 per cent.

While, Pharma and Infra fell by 0.36 per cent and 0.20

per cent, respectively.

Gainers included Coal India, TechM, UltraCemCo, Ambuja

Cement, ACC, Adaniports, Tata Motors, Bpcl and Bank Of Baroda.

However, BhartiAirtel fell followed by Sunpharma,

InfraTel, Bosch Ltd, Powergrid and Lupin.

Broader markets rebounded sharply with the Nifty Midcap

and Smallcap up 1.03 per cent and 1.10 per cent, respectively.

The Nifty Smallcap index notched a fresh closing high, while

the Midcap index is marginally below its all-time high.

The market breadth, indicating the overall health of

the market, turned positive. A total of 1,149 scrips advanced,

529 declined, while 82 remained unchanged.

As many as 129 securities hit their price bands.

Turnover in the cash segment fell to Rs 23,777.21 crore

from Rs 24,830.67 crore yesterday.

A total of 11,537.01 lakh shares changed hands in

8,099,824 trades. The market capitalisation of listed firms on

the NSE stood at Rs 13,211,611.45 crore.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)