Sensex hits fresh 52 - week high
DSIJ Intelligence / 08 Sep 2016
Well the markets opened on a consolidation note but have surged later on September 8. The consolidation was largely due to plunging of Information Technology stocks which was led by Tata Consulting Services, and the Banking Financial Services and Insurance debacle in United States.
Well the markets opened on a consolidation note but have surged later on September 8. The consolidation was largely due to plunging of Information Technology stocks which was led by Tata Consulting Services, and the Banking Financial Services and Insurance debacle in United States. However, in the second half of the day markets again started gaining their rhythm, although late, but have ended on s high note.
The popular index, is having a week of its life time, on September 8, Sensex breached the 29000 mark ending at 29045 for the first time since April 13, 2015. Sensex has hit fresh 52 weeks' high. Both Sensex and Nifty are at their 18 months' high. On the other hand, Nifty midcap ended at its record high.
Following are the top gainers and losers on September 8.
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