Nifty logs modest 23 pts gains
The NSE benchmark Nifty gained by
another 23 points to close at 10,208 on buyers' interest in
media, PSU banks, infra, bank and financial services sectors
and higher global cues.
While IT, pharma and auto stocks showed weakness.
Overseas, European stocks rose as investors continued to
monitor the latest corporate earnings reports and kept a
close eye on Spain's constitutional crisis.
Most Asian stocks shrugged off overnight declines in the
US stocks, where a gauge of equity volatility climbed as
market participants assessed the recent rally in global stocks
before a slew of earnings reports.
The Nifty opened higher at 10,218.55 and moved in a range
of 10,237.75 and 10,182.40 before ending at 10,207.70, showing
a rise of 22.85 points, or 0.22 per cent, from its last close.
It saw an intra-day movement of about 55.35 points.
On the sectoral front, PSU banks rose by 3.79 per cent,
media 3.61 per cent, infra 0.89 per cent, realty 0.57 per
cent, finance service 0.49 per cent, energy 0.42 per cent,
metal 0.39 per cent and FMCG 0.33 per cent.
However, IT, pharma and auto fell by 1.03 per cent, 0.55
per cent and 0.27 per cent, respectively.
The Nifty Midcap and the Small Cap index outperformed
the broader indices today with gains of 0.34 per cent and 1.18
per cent, respectively.
Major index gainers were Zeel, AsianPaint, SBIN, UPL,
Lossers were HCL Tech, IndusInd Bank, TechM, Yes Bank
and Tata Motors.
The market breadth, indicating the overall health of
the market, was in favour of gainers. On the NSE, 969 stocks
advanced 762 declined and 71 stocks remained unchanged.
Total securities that hit their price bands were 153.
Turnover in the cash segment rose to Rs 29,463.64
crore from Rs 29,180.67 crore yesterday.
A total of 14,609.28 lakh shares changed hands in
10,757,815 trades. The market capitalisation of listed firms
on NSE stood at Rs 1,38,32,234 crore.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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