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Wednesday, 31 August 2016

Sensex up 109 Pts, Nifty hold 8800 levels, Intraday trading calls

Equity market today gained for third consecutive session on Wednesday, finally the 30-share Sensex ended at fresh 52 week closing high, driven by banking & financial and consistent inflow of foreign money. It was a bit of profit booking in late trade as traders awaited for Q1FY17 GDP. The 50-share nifty index intraday touched 8800-mark for the first time since April 15, 2015 but hold the same levels. 

The BSE Sensex was closed up 109.16 points or 0.39% at 28452.17, it was touched a high of 28,532.25 and touch a low of 28,363.10. 

The NSE Nifty ended up 41.85 points or 0.48% at 8786.20, it was touched a high of 8,819.20 and touch a low of 8,754.05. 

Nifty Top Gainers- Ultra cements 3.53%, Kotak bank 2.91%, LT 2.46%, Ambuja cements 2.42%, Tata power 2.20%, Indusindbk 2.15%, ZEEL 2.14%, HDFC bank 1.76%. 

Nifty Top Losers- Hindalco 2.30%, Tata steel 2.03%, Bosch Ltd 1.98%, Lupin 1.77%, Reliance 1.73%, Eichermot 1.70%, NTPC 1.61%, BHEL 1.42%, BPCL 1.18%.

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