Markets Ended In Green, DLF Rallied About 8%

The Indian markets saw a good momentum in the last hour of trade. At the end of the day, Nifty closed with gains of 21 points at 5704 and Sensex closed at 18,884, up by 8 points. Both the indices ended in green with gains of 0.05%-0.38%.

The advance–decline ratio ended on a positive side at the end of day. On the NSE, 1065 shares closed in green and 355 shares closed in red. 

Top 5 Gainers on NSE: DLF ended up by 7.71% as the top gainer on the NSE, followed by Cairn India, Reliance Infrastructure, Dr Reddy’s Labs and Jaiprakash Associates.

Top 5 Losers on NSE: Sesa Goa ended the day as the top loser on NSE, down by 2.77%, followed by Tata Motors, Jindal Steel and Power, Bajaj Auto and Tata Consultancy Services. 

Most of the sectors ended in green. Realty, Capital Goods and Healthcare ended on a firm note. Metals and Auto were the top losers in the sectoral pack. 

The Asian markets closed in red. Japan’s Nikkei 225 was the top loser among the Asian indices and closed at 12,135, down by 262 points, followed by Hang Seng and KOSPI. China’s Shanghai Composite closed flat with a negative bias. 

Buzzers: Hyderabad-based pharmaceutical major Dr Reddy’s Laboratories stated that it has launched Zenatane in 20 mg and 40 mg in the US following its approval by the United States Food and Drug Administration (USFDA). Its stock has surged about 3%. 

DLF swelled by around 8% in today’s trading session. The stock closed at Rs 253 over heavy volumes. It opened at Rs 238 and registered a high of Rs 254.35.

The market has a stiff resistance around the levels of 5725-5730. Nifty needs to sustain above these levels for a fresh upmove.