Indices Rallies, RIL Ends Around 1000 Mark
DSIJ Intelligence / 19 Jun 2015
The Indian markets rallied more than 0.5 percent, with Banks, Auto and Oil & Gas being the key gainers. The Nifty ended 50 points up at 8224 and the Sensex ended 200 points up at 27316.
The Indian markets rallied more than 0.5 percent, with Banks, Auto and Oil & Gas being the key gainers. The Nifty ended on 50 points up at 8224 and the Sensex ended on 200 points up at 27316. The global scenario also looked up for today’s trade.
The advance-decline ratio ended positive today. On the NSE, 1434 shares closed in green, while 1234 shares ended the day in red.Top 5 Nifty Gainers: M&M closed with highest top gains, up by 3.84%. Bank Of Baroda, ONGC, Ambuaj Cement and Maruti Suzuki were the others trading higher.
Top 5 Nifty Losers: Tata Motors was down by 2.7% today, followed by Zee Entertain, Power Grid, Sun Pharma and Tata Motors.
12 of the 13 sectors ended in the green. Bankex were up by 174 points, Auto and Oil & Gas gained more than 100 points, Capital Good and FMCG were points higher. Mid-Caps and Small-Caps were both up around 50 points. However Consumer Durables closed in negative territory down by 13 points.
The Asian markets closed on a positive note. The Nikkei market was the top gainer, up by 183 points and Hang Seng ended 65 points higher. Taiwan Weighted and KOSPI were also in the green zone.
Buzzers: M&M the stock turned in the bullish sentiment and made high at Rs 1324. Going ahead if the stock sustain above Rs 1300 level may touch 1370 level in next few trading sessions.
Nifty Futures have broken their bullish crossover at 8220 and also managed to close above this level. Going ahead 8280 will be the major hurdle.
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