Bulls keep markets ablaze

DSIJ Intelligence / 05 Apr 2017

Bulls keep markets ablaze

Indian capital markets hovered at all-time highs. Nifty was trading above te 9250 level. BSE Sensex ended at record high on April 5.

Indian capital markets hovered at all-time highs. Nifty was trading above te 9250 level. BSE Sensex ended at record high on April 5.

At the closing bell, Nifty ended at 9265, with gain of 27 points; and BSE Sensex closed at 29974, with an increment of 64 points. On the NSE, 28 shares closed in the green, while 23 shares ended the day in the red.

All indices closed in the green, except IT. Capital Goods increased 570 points. Bankex and Healthcare rose 160 points. Auto increased 87 points. Consumer Durables increased 94 points. Oil & Gas also rose 100 points. IT reduced 89 points. Mid-cap index increased 93 points and Small-cap also rose 186 points.

Asian markets traded positive on Wednesday. Shanghai increased 1.48 per cent, Hang Seng rose 0.57 per cent, Nikkei also increased 0.27 per cent. 

European markets were trading with bullish sentiments.

Derivative Analysis

Nifty Future closed in the positive at 9282. Going ahead, 9322/9211 will be the immediate support levels.

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