Nifty Closes Above 6000, Bankex Up 1.8%
Suparna / 09 Oct 2013
The Indian markets looked unstoppable after mid-session today. Bankex pulled the indices higher in the closing session. The Nifty closed at its day’s high, up by 79 point at 6007 and Sensex was 265 points up at 20249.
The Indian markets continued to move upwards after mid-session today. Bankex pulled the indices higher in the closing session. The Nifty closed at its day’s high, up by 79 point at 6007 and Sensex was 265 points up at 20249. Both the indices ended positive by over 1.3%.
On the NSE, 1642 shares closed in green, while 1295 shares ended the day in red, with a positive advance-decline ratio.
Top 5 Nifty Gainers: DLF closed with the highest gains on the index, up by 6%. Sun Pharma, JP Associates, Kotak Mahindra Bank and NMDC were among the others that ended higher.
Top 5 Nifty Losers: M&M closed down by 1.4% today, followed by ACC, Wipro, Sesa Sterlite and Cipla.
All the sectoral indices apart from Consumer Durables closed in positives. Bankex closed higher by 217 points, Health Care gained 181 points and Capital Goods was up by 150 points. Oil & Gas saw gains of 122 points and the IT index closed 117 points higher. Mid-Caps and Small-Caps also ended in the green zone.
In the Asian markets, the Nikkei closed 143 points higher, while Shanghai Composite and Straits Times also closed in positives. Hang Seng ended 144 points lower.
Buzzer: Sun Pharma moved up by 5.08%, making an intraday high of Rs 651.50 today. The stock closed above the technical level of Rs 650. If it opens tomorrow’s trades above this level, it may touch the Rs 675 mark.
Nifty Futures has given a bullish crossover at 6050 on the weekly charts. If the index opens on a positive note, the 6080-6100 level is on the cards for tomorrow’s morning session.
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