NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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The Indian benchmark indices ended on robust note on Thursday in a broad-based rally by traders, tracking firm cues from Asian peers amid hope that the European Central Bank would continue its asset buying campaign at a policy meeting later in the day. All the thirteen indices ended in positive terrain with metal and auto stocks emerging as top gainers, adding as much as 2.93 per cent and 2.63 per cent respectively.
The 30-share benchmark index closed trade at 26694.28, up by 457.41 points or by 1.74 per cent, and the NSE Nifty ended at 8246.85, up by 144.8 points or by 1.79 per cent.
During the day’s trade, the BSE Sensex touched intraday high of 26733.87 and intraday low of 26357.35, while the NSE Nifty touched intraday high of 8256.25 and intraday low of 8151.75.
In line with benchmark indices, the broader market also ended in positive terrain with the BSE MIDCAP closing at 12508.34, up by 183.8 points or by 1.49 per cent, while the BSE SMLCAP settled at 12256.25, up by 154.48 points or by 1.28 per cent.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 431.55,+4.62%), Tata Motors Ltd. (Rs. 461.30,+3.60%), Adani Ports & Special Economic Zone Ltd. (Rs. 286.25,+3.30%), Bajaj Auto Ltd. (Rs. 2776.50,+2.77%), Hero MotoCorp Ltd. (Rs. 3308.95,+2.53%), among others.
The market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2952, shares advanced were 1893 while 883 shares declined and 176 were unchanged.
