Indices Shine: Bankex jumps around 1 Per cent
DSIJ Intelligence / 12 May 2016

The Indian markets not only opened on a positive note, but have ended on the upside with good volumes. The sectoral indices like Bankex, Consumer Durabales, IT and Healthcare have closed up more than 100 points each. The markets were volatile after mid-session; but again they closed near day highs. The Nifty ended with gains of 51 points at 7900; and Sensex was up by 193 points at 25790.
The Indian markets not only opened on a positive note, but have ended on the upside with good volumes. The sectoral indices like Bankex, Consumer Durabales, IT and Healthcare have closed up more than 100 points each. The markets were volatile after mid-session; but again they closed near day highs. The Nifty ended with gains of 51 points at 7900; and Sensex was up by 193 points at 25790.
The advance-decline ratio ended on the positive side in the closing session. On the NSE, 1564 shares closed in green; while 1006 shares ended the day in red.
Top 5 Nifty Gainers: Bosch closed the day with the top gains on the NSE, up by 4.3%.Dr Reddy’s Labs, ICICI Bank, Asian Paints and Hindalco were the others that ended higher.
Top 5 Nifty Losers: Aurobindo Pharma was the top loser, down by 1.9%, followed by Axis Bank, Eicher Motors, HUL and M&M.
Apart from the capital Goods all indices ended in the green. Bankex was the top gainer for the day, up by 181 points, followed by Consumer Durables and IT, which were up by 166 points and 125 points, respectively. Healthcare and Auto were up around 100 points each. Mid-Caps and Small-Caps were up in the range of 70-100 points.
In the Asian markets, the Nikkei ended higher by 67 points. On the other hand, the Hang Seng closed down by 139 points. The Taiwan and KOSPI ended on a negative note.
Buzzers: Bosch. The stock surged by 4.3% and made a high around Rs 21029. Going ahead the stock has a major hurdle at Rs 21500.
The Nifty Future closed at 7900 level, and it may see positive opening for next trading session.
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