DSIJ Mindshare

Short covering takes Nifty above 17,000 level; all sectors ended in green

Adani ports, Hero Motocorp and Shree Cement are the top gainers while UPL and Bharti Airtel were the top losers amongst Nifty 50 stocks

Prasad Chavan 0 905 Article rating: 5.0

Nifty closed around the day’s high amidst volatility on monthly expiry trading session. NSE Nifty 50 rallied more than 129 points or 0.76 per cent to close at 17,080.70 level, while S&P BSE Sensex also closed higher with rise of more than 400 points. Nifty Midcap 100 and Nifty Small cap 100 soared 1.54 per cent and 1.73 per cent respectively.         

 

Nifty closes below 17,000 level; Adani group stocks hit lower circuit, IT slips

Before monthly expiry, markets closed around day’s low, just above the important support level

Prasad Chavan 0 591 Article rating: 5.0

After gap up opening, Indices fell sharply to touch yesterday’s low in the first half of the session and consolidated in a smaller range for the rest of the day. Now it closed again just above the important support level protected by the bulls. Small-cap along with Adani group stocks dragged the most to close around days low. NSE Nifty 50 closed down around 34 points or 0.20 per cent at 16,951.70 level,

Bulls lost strength in the afternoon session; Midcap and Small cap stocks dragged the markets

Pharma sector showed relative strength compared to other sectors in today’s session. Meanwhile, Realty and Media remained weak for the day.

Prasad Chavan 0 1020 Article rating: 5.0

After gap up opening, indices showed strength in the first half session and here Bears came in action and dragged the markets down to close around opening levels. NSE Nifty 50 managed to close in green, around 40 points or 0.24 per cent at 16,985.70 level, while S&P BSE Sensex also closed below the opening levels around the drop of 126 points. Nifty Midcap 100 and Nifty Small cap 100 dropped 0.47 per cent and 1.59 per cent respectively.     

Indices closed in red amidst strong profit booking; PSU banks and Realty dragged the markets

Hindalco, Maruti and Nestle India are the top gainers while SBI, Bajaj-Auto and Kotak bank were the top losers amongst Nifty 50 stocks.        

Prasad Chavan 0 883 Article rating: 5.0

After gap down opening indices showed strength and touched yesterday’s day high in the first half of the session. However, Bears came in action which resulted Indices to give up all gains and closed below their opening levels in the latter half of the session.

Indices closed higher ahead of FOMC meeting; PSU banks and Pharma hold the markets

Pharma and PSU Banks traded strong in today’s session. Meanwhile, Media and Realty remained weak for the day.

Prasad Chavan 0 521 Article rating: 5.0

Indian markets witnessed a range bound session for the day. NSE Nifty 50 rose 44.40 points or 0.26 per cent to close at 17,152 level while S&P BSE Sensex closed around the opening levels with gains of more than 150 points. Nifty Midcap 100 and Nifty Smallcap 100 rose 0.28 per cent and 0.54 per cent respectively.

 

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