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Wednesday 21 March 2018

Closing Updates- Nifty, Sensex close higher for second day ahead of Fed policy decision

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Sensex, Nifty settled with moderate gains on Wednesday, as profit booking emerged in the afternoon hours. The BSE barometer Sensex rose 139.42 points or 0.42% to 33,136.18. The Nifty50 index rose 30.90 points or 0.31% to 10,155.25. 

The indices rose for second straight day in a row led by HDFC, HDFC bank, L&T and Bharti Airtel ahead of US Federal Reserve's policy decision due today night. 

BSE Mid-Cap rose 0.2% and the BSE Small-Cap gained 0.3%. 15 out of 19 sector stocks in the BSE ended higher extends led by the BSE Telecom index's 2.4% gain, while the BSE Metal index was the top sectoral loser, cracked 0.5%. 

Nifty PSU Bank index closed in red zone, cutting the opening gains of about 3 percent. Nifty Bank index remained under selling pressure with State Bank of India & ICICI Bank falling about 0.44% and 0.96%, respectively, at the close. 

Shares of Ashoka Buildcon rose 5.85% at Rs. 246 on recent order wins. 

Shares of Bharti Airtel, Bajaj Finance, NTPC, India Bulls housing fiancé and Bharat Petroleum Corp were top leading shares on NSE, while Tata Steel, Bosoch, Hero Motor Corp, Eichers Motors and Adani ports were lowers on NSE

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