Mid-Session: Nifty reclaims 10,000 level; broader markets support
26/07/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian equities continued gaining momentum on Wednesday, with Nifty 50 shares hitting psychological 10,000 mark, driven by buying across realty and metal stocks. Outperforming the benchmark indices, the broader markets were in upbeat mood, with MIDCAP and SMLCAP indices gaining as much as 0.54 per cent and 0.79 per cent, respectively. GE T&D India rallied 20 per cent and locked in upper circuit on the Bombay stock Exchange after the company reported net profit of Rs 61.7 crore in Q1FY18 compared to net loss of Rs 197 crore in Q1FY17, on back of healthy operational growth.
At 12:10 hours, the 30-share benchmark index was trading at 32326.91, up by 98.64 points or by 0.31 per cent, and the NSE Nifty was at 10000.6, up by 36.05 points or by 0.36 per cent.
In the day’s trade so-far, Sensex touched intraday high of 32329.67 and intraday low of 32226.08, while the NSE Nifty touched intraday high of 10001.6 and intraday low of 9965.95.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 566.30,+2.39%), Mahindra & Mahindra Ltd. (Rs. 1412.60,+1.63%), Reliance Industries Ltd. (Rs. 1627.05,+1.48%), Sun Pharmaceutical Industries Ltd. (Rs. 574.40,+1.37%), ICICI Bank Ltd. (Rs. 307.05,+1.04%), among others.
On the flip side, Axis Bank Ltd. (Rs. 533.00,-2.14%), Asian Paints Ltd. (Rs. 1131.35,-1.79%), Tata Consultancy Services Ltd. (Rs. 2554.15,-0.64%), Bharti Airtel Ltd. (Rs. 425.60,-0.47%), Bajaj Auto Ltd. (Rs. 2839.35,-0.20%), were among top losers on BSE.
On the sectoral front, metal and realty stocks emerged as top gainers on BSE, rising as much as 1.71 per cent and 1.28 per cent respectively.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2626, shares advanced were 1482, while 993 shares declined and 151 were unchanged.
26/07/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Free Commodity Tips : Join our Whatsapp No : 9094047040
The Indian equities continued gaining momentum on Wednesday, with Nifty 50 shares hitting psychological 10,000 mark, driven by buying across realty and metal stocks. Outperforming the benchmark indices, the broader markets were in upbeat mood, with MIDCAP and SMLCAP indices gaining as much as 0.54 per cent and 0.79 per cent, respectively. GE T&D India rallied 20 per cent and locked in upper circuit on the Bombay stock Exchange after the company reported net profit of Rs 61.7 crore in Q1FY18 compared to net loss of Rs 197 crore in Q1FY17, on back of healthy operational growth.
At 12:10 hours, the 30-share benchmark index was trading at 32326.91, up by 98.64 points or by 0.31 per cent, and the NSE Nifty was at 10000.6, up by 36.05 points or by 0.36 per cent.
In the day’s trade so-far, Sensex touched intraday high of 32329.67 and intraday low of 32226.08, while the NSE Nifty touched intraday high of 10001.6 and intraday low of 9965.95.
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 566.30,+2.39%), Mahindra & Mahindra Ltd. (Rs. 1412.60,+1.63%), Reliance Industries Ltd. (Rs. 1627.05,+1.48%), Sun Pharmaceutical Industries Ltd. (Rs. 574.40,+1.37%), ICICI Bank Ltd. (Rs. 307.05,+1.04%), among others.
On the flip side, Axis Bank Ltd. (Rs. 533.00,-2.14%), Asian Paints Ltd. (Rs. 1131.35,-1.79%), Tata Consultancy Services Ltd. (Rs. 2554.15,-0.64%), Bharti Airtel Ltd. (Rs. 425.60,-0.47%), Bajaj Auto Ltd. (Rs. 2839.35,-0.20%), were among top losers on BSE.
On the sectoral front, metal and realty stocks emerged as top gainers on BSE, rising as much as 1.71 per cent and 1.28 per cent respectively.
The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 2626, shares advanced were 1482, while 993 shares declined and 151 were unchanged.
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Free Commodity Tips : Join our Whatsapp No : 9094047040
