Nifty recoups 8050, led by IT & Metals
DSIJ Intelligence / 25 Nov 2016
Indian benchmark indices Nifty and Sensex both surged in trade with respective indices gaining more than one percentage points in trade each. IT and Metal index sparked the rally.
Indian benchmark indices Nifty and Sensex both surged in trade with respective indices gaining more than one percentage points in trade each. IT and Metal index sparked the rally.
Indian markets after witnessing one of the worst monthly F&O series in over three years saw some respite in today’s session as market recouped 8050 levels on the Nifty. A secular run was witnessed across the board spectrum as all the indices were trading with gains.
However, Nifty IT and Nifty Metal index were the top performers in trade as they increased by 4.5 and 2 per cent respectively.
Weightage of IT index on the benchmark index is around 19 per cent. Good run in IT stocks has led the markets to shine amidst the demonetisation crisis, making the markets go down in the near term.
Biggest Gainers: -
Infosys- 5.2 %
Tech Mahindra- 4.9 %
HCL Technologies- 4.4 %
TCS- 4.35 %
Gail India- 3.8 %
Biggest Loser: -
ACC- 1.3 %
Bharti Infratel- 0.85%
Bharti Airtel- 0.80 %
Bajaj Auto- 0.76 %
Eicher Motors- 0.66 %
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