Indices up by 1%, profit booking on higher side
DSIJ Intelligence / 10 Nov 2016
The Indian markets closed trades on a positive note today. After mid-session, the indices saw an excellent upmove, but as expected some profit booking took place on the higher side. The Nifty ended higher by 93 points at 8525 and Sensex was up by 265 points at 27517. Both indices ended higher in the range of 0.97-1.11 per cent.
The Indian markets closed trades on a positive note today. After mid-session, the indices saw an excellent upmove, but as expected some profit booking took place on the higher side. The Nifty ended higher by 93 points at 8525 and Sensex was up by 265 points at 27517. Both indices ended higher in the range of 0.97-1.11 per cent.
The market breadth was positive this morning, with 34 advances and 17 declines on the NSE.
Majority of the sectoral indices closed on a positive note. Bankex and Metals pulled the benchmark on the higher side and closed up by 811 points and 627 points, respectively. Mid-caps and Small-Caps also ended positive for the day and were up by more than 200 points. However, Auto and IT closed on a negative note.
In the Asian markets, the Nikkei closed up by 1092. The Hang Seng index ended up by 423 points. The Taiwan and Shanghai indices too ended on a positive note.
European markets were also trading on the positive side.
Derivative Analysis
The Nifty future closed above 8500 level, indicating a positive move ahead.
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.