LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Share market closing: Sensex, Nifty recover after early loss; check top gainers and losers

The positive returns came even after market experts were predicting a negative closing on Wednesday out of, U.S political uncertainties, weak global sentiments and low economic figures from China and European markets. The Indian market jumped upside. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Share market closing: Sensex, Nifty recover after early loss; check top gainers and losers
Rupee too climbed against the US dollar and was trading below 70 mark, during session, 0.5 per cent up from the last close. Reuters
Written By: ZeeBiz WebTeam
Updated: Wed, Dec 26, 2018
04:32 pm
ZeeBiz WebDesk
RELATED NEWS
Stocks to buy with Anil Singhvi: Market analyst Vikas Sethi picks Mahindra EPC, Bandhan Bank for big gains Stocks to buy with Anil Singhvi: Market analyst Vikas Sethi picks Mahindra EPC, Bandhan Bank for big gains
Stocks To Buy With Anil Singhvi: Ashish Kukreja suggests Mahindra EPC, Greenlam Industries and Natco Pharma Stocks To Buy With Anil Singhvi: Ashish Kukreja suggests Mahindra EPC, Greenlam Industries and Natco Pharma
NSE trading resumes at 3:45 pm; to go on till 5 pm NSE trading resumes at 3:45 pm; to go on till 5 pm
In chat with Anil Singhvi, Market Expert Ajay Bagga talks about increasing bond yields, its impact on economy and Bitcoin price crash In chat with Anil Singhvi, Market Expert Ajay Bagga talks about increasing bond yields, its impact on economy and Bitcoin price crash
Tech glitch stops NSE trading; Stock Exchange reacts, promises quick action | Watch Anil Singhvi on trading HALT, 'kiski' FAULT Tech glitch stops NSE trading; Stock Exchange reacts, promises quick action | Watch Anil Singhvi on trading HALT, 'kiski' FAULT

Despite a negative opening in the morning session, markets closed green on Wednesday, reclaiming at a per cent high from previous close on the Christmas eve. The benchmark index BSE sensex closed at 35,649.94, surging 180 points or 0.5 per cent later in the trading hours. Meanwhile, NSE nifty 50 climbed 66 points or 0.6 per cent to close at 10,729.85. Major support by most sectors in the later session and a sharp recovery in bigger players helped the Nifty clock the levels of 10,700 again. 

The positive returns came even after market experts were predicting a negative closing on Wednesday out of, U.S political uncertainties, weak global sentiments and low economic figures from China and European markets. The Indian market jumped upside. 

Major contribution by auto companies, infrastructural companies and private banks helped indices gain as all sectors except IT and pharma closed in the green. Despite starting red in the morning, large players like HDFC, HDFC bank, Reliance and L & T dragged markets towards green. "The major contribution is by the NBFC's and banking shares, the levels of 11000 will be watchful for Nifty," Kunal Saraogi, CEO, Equity Rush told Zee Business Online.

Rupee too climbed against the US dollar and was trading below 70 mark, during session, 0.5 per cent up from the last close.

TOP GAINERS

Adani Ports: Adani Ports gained 4.28 per cent, closed at Rs 376.55

ZEEL: Zee entertainment gained over 4 per cent, settling at Rs 455

Bharti Airtel: It gained 3.67 per cent stronger to Rs 320.45

TOP LOOSERS

Sun Pharma: Sun pharma closed at Rs 413.65, shred over 2.5 per cent.

Yes Bank: Yes bank closed at Rs 176.45, losing over 1.5 per cent.

TCS: The IT giant TCS closed in red at Rs 1889.20, down by 1.53 per cent. 

Watch this Zee Business tweet video

#ZBizHeadlines | एक नजर इस वक्त की बड़ी खबरों पर। pic.twitter.com/33pCNGR3xY

— Zee Business (@ZeeBusiness) 26 December 2018

Saraogi said that the crucial range for the Nifty50 would be from 10,650 to 10,800 while for bank Nifty it range between the levels of 26,500-27,200. "The coming few days could be positive due to NBFCs and banks, Thursday's session can expect a smooth rally," he added.

He said that since the F&O expiry is on Thursday, it also led to today's markets gain. 

The coming weeks are expected to be positive for the markets due to major decisions of recapitalisation by the government, FPIs infusion of 4000 crore, RBIs liquidity nod, GST rate cuts, appreciation of rupee can drag the market towards 11,000 levels.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Markets
RELATED NEWS
Stocks to buy with Anil Singhvi: Market analyst Vikas Sethi picks Mahindra EPC, Bandhan Bank for big gains Stocks to buy with Anil Singhvi: Market analyst Vikas Sethi picks Mahindra EPC, Bandhan Bank for big gains
Stocks To Buy With Anil Singhvi: Ashish Kukreja suggests Mahindra EPC, Greenlam Industries and Natco Pharma Stocks To Buy With Anil Singhvi: Ashish Kukreja suggests Mahindra EPC, Greenlam Industries and Natco Pharma
NSE trading resumes at 3:45 pm; to go on till 5 pm NSE trading resumes at 3:45 pm; to go on till 5 pm
In chat with Anil Singhvi, Market Expert Ajay Bagga talks about increasing bond yields, its impact on economy and Bitcoin price crash In chat with Anil Singhvi, Market Expert Ajay Bagga talks about increasing bond yields, its impact on economy and Bitcoin price crash
Tech glitch stops NSE trading; Stock Exchange reacts, promises quick action | Watch Anil Singhvi on trading HALT, 'kiski' FAULT Tech glitch stops NSE trading; Stock Exchange reacts, promises quick action | Watch Anil Singhvi on trading HALT, 'kiski' FAULT

LATEST NEWS

7th Pay Commission Latest News: How pensioners will benefit from DA, TA, salary hike for central government employees?—EXPLAINED

SBI RD Calculator: Your Rs 1000 monthly savings can become Rs 1.59 lakh; check interest rate, penalty, other details at sbi.co.in

GameStop rallies again; some puzzle over ice cream cone tweet

Attention NEET 2021 candidates! Check expected exam date

RBI Recruitment: Here's how to apply online on rbi.org.in for 841 vacancies across India | Check date, time and other details

Amber Enterprises share price: Sharekhan retains Buy rating with a revised price target of Rs 3716

Why home buyers are attracted to Greater Noida; here we explain

Stocks to buy with Anil Singhvi: Market analyst Vikas Sethi picks Mahindra EPC, Bandhan Bank for big gains

SBI share price: Decoded! Technical, fundamental share analysis for stock investors

Right to Health! Every family to be given Rs 5 lakh health insurance coverage in this state

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved