Post Session: Sensex ends higher for third day, led by gains in bank stocks
31/08/2016 16:41
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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Extending rally for the third straight session, the Indian equities ended tad higher in a broad-based rally on Wednesday helped by gains in capital goods, bankex, auto and consumer durables space. Meanwhile, caution prevailed ahead of Friday’s US jobs data which may offer more clues over whether the US Federal Reserve raises interest rates in the near-term.
The BSE SENSEX closed at 28,452.17, up by 109.16 points or by 0.39 per cent, and the NSE Nifty ended at 8,786.20, up by 41.85 points or by 0.48 per cent.
In the bullish trade, the BSE Sensex touched intraday high of 28490.21 and intraday low of 28363.1, while the NSE Nifty touched intraday high of 8801.5 and intraday low of 8754.05.
The top gainers of the BSE Sensex pack were Tata, Hero MotoCorp, Dr. Reddy's Laboratories, Bajaj Auto, Larsen & Toubro, while Oil And Natural Gas Corporation Ltd., Tata Consultancy Services, NTPC, Tata Steel, Axis Bank, were among the top losers on BSE.
On the sectoral front, capital goods and bankex stocks were leading the gain, adding as much as 1.4 per cent and 1.2 per cent respectively.
On the global front, the Asian shares ended mostly higher, barring Hang Seng, as traders shrugged off US interest rates speculation and shifted focus to local events. Shanghai Composite closed tad higher with slim gains and Japan’s Nikkei 225 rallied as a weaker yen bolstered the lure for exporter stocks.
31/08/2016 16:41
NIFTY Fut TREND : BUY ZONE
BANKNIFTY Fut : BUY ZONE
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Extending rally for the third straight session, the Indian equities ended tad higher in a broad-based rally on Wednesday helped by gains in capital goods, bankex, auto and consumer durables space. Meanwhile, caution prevailed ahead of Friday’s US jobs data which may offer more clues over whether the US Federal Reserve raises interest rates in the near-term.
The BSE SENSEX closed at 28,452.17, up by 109.16 points or by 0.39 per cent, and the NSE Nifty ended at 8,786.20, up by 41.85 points or by 0.48 per cent.
In the bullish trade, the BSE Sensex touched intraday high of 28490.21 and intraday low of 28363.1, while the NSE Nifty touched intraday high of 8801.5 and intraday low of 8754.05.
The top gainers of the BSE Sensex pack were Tata, Hero MotoCorp, Dr. Reddy's Laboratories, Bajaj Auto, Larsen & Toubro, while Oil And Natural Gas Corporation Ltd., Tata Consultancy Services, NTPC, Tata Steel, Axis Bank, were among the top losers on BSE.
On the sectoral front, capital goods and bankex stocks were leading the gain, adding as much as 1.4 per cent and 1.2 per cent respectively.
On the global front, the Asian shares ended mostly higher, barring Hang Seng, as traders shrugged off US interest rates speculation and shifted focus to local events. Shanghai Composite closed tad higher with slim gains and Japan’s Nikkei 225 rallied as a weaker yen bolstered the lure for exporter stocks.
