DSIJ Mindshare

Sensex closed 412.96 points or 0.68 per cent, down at 59,934 level while Nifty shed 126.40 points or 0.70 per cent, ending at 17,877.40.

The domestic market indices displayed an attractive strength today as the benchmark indices settled marginally lower. The volatility index i.e. India VIX zoomed 5 per cent. Sensex recovered 930 points from the day's low, closing at 60,347, which was 224 points or 0.37 per cent lower. Meanwhile, Nifty 50, climbed from a low of 17,771 to end at 18,004, down by 66 points or 0.37 per cent.

Sensex ended the day 451.03 points higher at the 60,566.16 level. Nifty gained 130.50 points to close above 18,000. About 1,776 shares advanced, 1,600 shares declined while 101 shares were unchanged. 

Sensex settled the day 312.26 points higher or 0.52 per cent at 60,105.40 level while Nifty added 97.50 points or 0.55 per cent to close at 17,930.80. The mid-cap and small-cap indices outperformed the benchmark indices, gaining 0.89 per cent & 1.02 per cent, respectively.  

In the global chemical sector, China constitutes a substantial share as compared to other countries. Rising environmental concerns have forced many specialty chemical companies in China to cease their activities. As a result of this, the global industries consuming specialty chemicals are trying to obtain more supplies from Indian companies. This has led domestic manufacturers to invest heftily to expand their portfolio of value-added products. Markets are likely to maintain a bullish outlook on the specialty chemicals sector owing to a favorable demand environment to sustain and companies to incur aggressive capex to expand growth.