Bulls Charge, Indices up by 1 per cent
Rajesh Sharma / 13 Jul 2015
The Indian markets saw an unexpected rally today, with Auto, Bankex and Healthcare leading the day. The Nifty ended higher by 99 points closing at 8459 and the Sensex was up by 299 points closing at 27961. Both the indices ended 1 per cent higher.
The Indian markets saw an unexpected rally today, with Auto, Bankex and Healthcare leading the day. The Nifty ended higher by 99 points closing at 8459 and the Sensex was up by 299 points closing at 27961. Both the indices ended 1 per cent higher.
The market breadth remained positive till closing hour, with 1781 advances and 1022 declines on the NSE.
Top 5 Nifty Gainers: HCL Tech was the top gainer for today’s session, closing higher by 3.8%. Among the other gainers were Zee Entertain, GAIL, IndusInd Bank and HDFC.
Top 5 Nifty Losers: ONGC ended lower by 1.2% today, followed by L&T, Bank of Baroda and PNB.
Auto gained a total of 295 points for the day, Bankex was up by 194 points, Healthcare was 218 points higher and IT moved 173 points up. Mid-Caps and Small-Caps also saw positive trades, both higher around 150 points in the closing session.
In Asia, Hang Seng was the top gainer and saw an appreciation of 322 points and Nikkei ended higher by 309 points. KOSPI and Taiwan Weighted closed with a nominal positive bias.
Buzzers: HCL Tech scrip rose by 3.8% and closed above the technical level of Rs 960. If it holds these gains, it may reach a level of up to Rs. 1000 in the next few trading sessions.
Nifty Futures saw a handsome up-move and closed above the 8480 mark. If it opens above the 8500 level it may see more strength ahead.
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