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Tuesday, 9 May 2017

Stock Closing Update- Sensex Nifty Gain Today, Metal Stock Gains

The benchmark indices settled with tiny gains after floating around the flat line in a range bound session of trade. The BSE Sensex rose 7.10 points or 0.02% at 29,933.25, while the NSE Nifty-50 index gained 2.80 points or 0.03% at 9,316.85, on closing. Positive global cues mainly aided gains on the Exchanges. 

The BSE Mid-Cap index rose 0.19 percent while the Small-Cap index gained 0.53 percent, outperforming the Sensex. The breadth, indicating the overall health of the market, was positive with 1,481 shares advanced and 1,356 shares declined on BSE. A total of 166 shares were unchanged. 

Capital goods stocks surged, Bharti Infratel edged higher after the company’s announcement of Q4 results. Metals stocks carried on its gain 0.77% together with IT stocks by 0.69%, and midcaps stocks gaining 0.51%. 

Adani Ports, Indian Oil Corporation and Larsen & Toubro, were top gainers on both Sensex and Nifity, while Indiabulls Housing Finance, Hero MotoCorp and Lupin were losing splendor.


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