Monday, 6 November 2017

Sensex, Nifty hold gains, in afternoon session


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The Sensex and Nifty hit a new record and reached respectively at 33,800 and 10,450 levels in afternoon trade on Monday. The Sensex fell in early trade on profit booking in metal, O&G, banking, and PSU stocks after a recent rally.
Indices opened on lower note and hit fresh intraday low in morning hours trade tracking mixed cues from other Asian stocks. After some range-bound trading in early afternoon trade, fresh buying pushed the Sensex & Nifty to record high levels in afternoon trade.
Except Nifty Bank and Nifty Private Bank indices, all other sectoral indices were in the green, with Nifty Auto index as the top gainer.   Shares of SAIL India, Titan watch co, PNB, ICICI Bank, Oil & Natural Gas Corporation and Tata Motors were the most traded stocks on the NSE. 

Tata Motors, M&M, O&G, Bharti Infratel, Maruti Suzuki, Hindalco , UltraTech Cement , Wipro and Cipla were among the top gainers in the Nifty50 index, whereas HPCL, BCPL, IndusInd Bank, Zee Entr., Sun Pharma, Axis Bank, YES Bank and Tech Mahindra were among the top losers. 

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  1. India’s stock market opened greater on Monday with Sensex and Nifty beginning at fresh record highs amid the optimism over 1/3-quarter cash. BSE Sensexgained 102.39 points or 0.29% to begin at 35,613.97 with the shares of ONGC rising probably the most among the 31 shares of the important thing index whereas NSE Nifty lost 11.5 points to start at 10,883.2.

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