Bulls Charge, Sensex Ends Above 27K
DSIJ Intelligence / 18 Jun 2015

The Indian equity markets saw an unexpected rally today, with Oil & Gas, Healthcare and Auto leading the day. The Nifty ended higher by 83 points at 8174 and Sensex was up by 283 points at 27115.
The Indian markets saw an unexpected rally today, with Oil & Gas, Healthcare and Auto leading the day. The Nifty ended higher by 83 points at 8174 and Sensex was up by 283 points at 27115. Both the frontline indices ended higher by above 1% each.
The market breadth remained positive till closing hour, with 1446 share closed in green while 1292 shares saw a declines in prices on the NSE.
Top 5 Nifty Gainers: Reliance Industries was the top gainer for today’s session, closing higher by 5.13%. Among the other gainers were Lupin, BPCL, Tata Motors and Asian Paints.
Top 5 Nifty Losers: Tech Mahindra ended lower by 1.45% today, followed by Bank Of Baroda, Zee Entertain, Cipla and Coal India.
Oil & Gas index gained a 249 points in today’s trade, Auto, Consumer Durables and Healthcare indices too were up by more than 200 points. Capital Goods and Bankex were 150 points higher. Mid-Caps and Small-Caps also saw positive trades, higher by 115 points and 82 points respectively.
In Asia, the Nikkei was the top loser and saw deep cut by 228 points and Shanghai Composite ended lower by 181 points. Hang Seng and Straits times closed with a nominal negative bias.
Buzzers: BPCL scrip rose by 2.8% and closed above the technical level of Rs 830. If it holds these gains, it may reach a level of upto Rs 850 in the next few trading sessions.
Nifty Futures saw a handsome up-move and closed above 8150, indicating more strength ahead.
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