Nifty ends October F&O series above 10,300, up 48 pts

Benchmark Nifty scaled a fresh high

on the last day of October series derivatives expiry, rising

by 48 points to 10,343.80 on strong buying in metal, pharma,

energy, media and infra counters.

Globally, European stocks edged higher as investors

digested new earnings reports ahead of a speech by European

Central Bank (ECB) President Mario Draghi.

Asian stocks were mixed after Wall Street pulled back

from record highs overnight.

The NSE Nifty opened lower at 10,291.80 and surged to an

intra-day record of 10,355.65 before drifting to 10,271.85. It

finally settled at 10,343.80, up 48.45 points, or 0.47 per

cent.

It saw an intra-day movement of about 83.80 points.

On the sectoral front, Metal rose 2.14 per cent, Pharma

1.05 per cent, Energy 1.01 per cent, Media 0.95 per cent, Auto

0.58 per cent, Infra 0.51 per cent and Realty 0.40 per cent.

However, PSU Bank, IT and FMCG fell by 1.02 per cent,

0.75 per cent and 0.02 per cent, respectively.

Major index gainers were BPCL, HPCL, IOC, Cipla and

Maruti.

Losers included HCL Tech, ICICI Bank, Indiabulls Housing

Finance, Ambuja Cement and Power Grid.

The Nifty Midcap and Smallcap indices advanced 0.74 per

cent and 0.54 per cent, respectively.

The market breadth, indicating the overall health of the

market, was in favour of gainers. On the NSE, 922 stocks

advanced, 801 declined and 60 remained unchanged.

Total securities that hit their price bands were 157.

Turnover in the cash segment fell to Rs 52,070.09 crore

from Rs 55,954.18 crore yesterday.

A total of 24,138.27 lakh shares changed hands in

13,701,754 trades. The market capitalisation of listed firms

on NSE stood at Rs 1,40,96,806 crore.

 

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