A flattish day ends in nominal gains
DSIJ Intelligence / 08 Apr 2016
The NSE 50 and the BSE 30 indices opened nominally in the positive, but remained flat till the end of day’s trades. There were no major triggers to take them in any direction as such. The Nifty ended 8 points higher on 7555; while the Sensex was down by 11 points at 24673. The indices ended in the range of -0.05-0.12 percent respectively.
The NSE 50 and the BSE 30 indices opened nominally in the positive, but remained flat till the end of day’s trades. There were no major triggers to take them in any direction as such. The Nifty ended 8 points higher on 7555; while the Sensex was down by 11 points at 24673. The indices ended in the range of -0.05-0.12 percent respectively.
The advance-decline ratio ended on the positive side in the closing session. On the NSE, 1479 shares closed in green; while 1045 shares ended the day in red.
Top 5 Nifty Gainers: NTPC closed with the highest gains, up by 3.9%. BHEL, Tata Power, Tech Mahindra and Lupin were among the others trading in the positive.
Top 5 Nifty Losers: Hero Motocorp finished the day at a down of 1.7%, followed by TCS, Infosys, Axis Bank and Maruti Suzuki.
10 out of the 13 sectors closed in the green. Capital Goods was the top gainer up by 122 points. This was followed by Mid-caps and Small-Caps, which were up by 67 points each; and Bankex, Oil & Gas and Healthcare gained around 35 points each. However Consumer Durables, IT and Auto were seen trading lower by 91 points and 67 points respectively.
The Hang Seng market was the top gainer among its Asian peers, up by 104 points. Nikkei was up by 71 points, Taiwan Weighted also remained in the green. However Shanghai Composite closed with a red mark, down by 22 points.
Buzzer: Jindal Steel. The stock surged more than 6 percent to break the technical level of Rs 65. If it sustains above this level, it may trade above Rs 70 mark.
The Nifty traded in a very narrow range for today’s session. Tomorrow’s opening may decide the direction which the index will be taking henceforth.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.