Indices Hold Gains

DSIJ Intelligence / 15 Jul 2015

Indices Hold Gains

The Indian markets witnessed a good up-move in the day and managed to hold its gains until closing. The Sensex ended 265 points higher at 28198 and the Nifty moved up 69 points to 8523. Both the indices closed with apositive bias of0.82-0.95 percent.

The Indian markets witnessed a good up-move in the day and managed to hold its gains until closing. The Sensex ended 265 points higher at 28198 and the Nifty moved up 69 points to 8523. Both the indices closed with apositive bias of0.82-0.95 percent. 

The advance-decline ratio ended positive. On the NSE, 1535 shares closed in green, while 1286 shares remained in the red.

Top 5 Nifty Gainers: Maruti Suzuki saw the highest gainsof2.5%. Wipro, Tata Motors, Ultra Tech cement and TCS were among the others that closed the day higher.

Top 5 Nifty Losers: Cairn India remained the strongest loser today, closing down by 1.4%, followed by BPCL, Yes Bank, PNB and HCL Tech.

The majority sectors ended in the green. The Auto index gained249 points,Healthcare was up 169 points,IT was 196 points higher and Capital Goods was up 79 points. Bankex, Mid-Caps and Small-Caps also closed in positive territory. However Consumer Durables ended on the negative mark, down around 130 points.  

The Asian markets closed on a positive note. Hang Seng was the top loser,down by 65 points,However the Nikkei gained 184 points. KOSPI and Taiwan Weighted also ended in the green.

Buzzer: Maruti Suzuki surged by 2.5% today to Rs 4152. If the stock sustains above this level, it may see a move up to touch the Rs 4200 level.

The Nifty index closed around the 8550 mark today, indicating a positive move ahead.

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