Nifty, Sensex close in positive after a choppy trade, Apex Frozen Food end at upper circuit

DSIJ Intelligence / 05 Sep 2017

Nifty, Sensex close in positive after a choppy trade, Apex Frozen Food end at upper circuit

Indian Benchmark indices Nifty and Sensex traded volatile on Tuesday, ending with a positive undertone. Nifty ended above the 9900 mark at 9952.20, up by 0.40 per cent, whereas Sensex ended at 31809.55, higher by 0.34 per cent.

Indian Benchmark indices Nifty and Sensex traded volatile on Tuesday, ending with a positive undertone. Nifty ended above the 9900 mark at 9952.20, up by 0.40 per cent, whereas Sensex ended at 31809.55, higher by 0.34 per cent.

On the broader markets, S&P BSE Midcap index closed at 15678.15 level, up by 0.63 per cent, while S&P BSE Smallcap index ended at 16195.22 level, up by 1.03 per cent. India VIX closed at 12.88, lower by 2.1 per cent.

Nifty Realty was the top gaining index among all the sectors, up by 1.41 per cent at 286.90. Oberoi Realty was the top contributor to the index, closing with a gain of 7.21 per cent. Sobha was also one of the top driver of the index and ended with a gain of over 3 per cent.

Nifty IT was also among the top gainer index, up by 0.54 per cent at 10,498 level, with Tech Mahindra as the top driver of the index. Tech Mahindra closed at Rs 427, up by 2.62 per cent. The other gaining index in the sector were TCS and Just Dial.    

Nifty Bank ended at 24,328 level, up by 0.38 per cent. Bank of Baroda gained the most in the index, closing at Rs 138.6, higher by 1.32 per cent.
 
Nifty Pharma was the only index to close in red, among all the sectoral index. The Index closed at 9037.60 level, down by 0.36 per cent with Sun Pharmaceuticals as the top losing stock. Auro Pharma, Lupin, Cipla and Glenmark were the other stocks that contributed in the fall of the index.   

BSE Telecom was the top loser on among the sectoral indices on BSE. The index closed at 1,387 level, down by 1.62 per cent. Whereas, BSE Consumer Durables was the top gaining index, ending at 18,033 level, up by 2.32 per cent. Titan was top gaining stock on the index, ending at Rs 640, higher by 4.39 per cent.
 
Apex Frozen Foods ended in its upper circuit of 5 per cent at Rs 222.7 for the second consecutive trade after an attractive debut in the stock market. 

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