News Details

( 03 Nov 2017)
Post Session: Sensex, Nifty close at new peaks; CGS and bank stocks up 1%

The key domestic benchmark indices closed at record highs on Friday, led by rally in capital goods and financial stocks, while pharma and energy stocks witnessed profit booking as investors took some breather after a prolonged rally. Investors adopted bullish stance after India went up by 30 notches to 100 rank in World Bank's Ease of Doing Business list. Early today, the market witnessed subdued trade as investors digested the Republicans' tax-reform plan and nomination of Jerome Powell as the next Federal Reserve Governor by the US President Donald Trump.

The Bombay Stock Exchange bellwether Sensex closed at 33685.56, up by 112.34 points or by 0.33 per cent, and the NSE Nifty ended at 10452.5, up by 28.7 points or by 0.28 per cent.

The BSE Sensex touched an intraday high of 33733.71 and intraday low of 33531.94, while the NSE Nifty touched intraday high of 10461.7 and intraday low of 10403.6.

The top gainers of the BSE Sensex pack were State Bank of India (Rs. 325.00,+3.19%), Tata Motors Ltd. (Rs. 446.90,+2.78%), Tata Motors Ltd. (Rs. 246.90,+2.02%), Larsen & Toubro Ltd. (Rs. 1235.00,+1.98%), Axis Bank Ltd. (Rs. 540.00,+1.87%), among others.

Meanwhile, Power Grid Corporation of India Ltd. (Rs. 210.60,-2.05%), Sun Pharmaceutical Industries Ltd. (Rs. 552.00,-1.99%), Coal India Ltd. (Rs. 286.60,-1.73%), Hero MotoCorp Ltd. (Rs. 3687.00,-1.23%), Lupin Ltd. (Rs. 1049.25,-1.10%), were among the top losers on BSE.

On the sectoral front, capital goods and financial stocks emerged as top gainers, adding as much as 1.09 per cent and 1.00 per cent, respectively.

The Market breadth, indicating the overall strength of the market, was flat. On BSE out of total shares traded 3074, shares advanced were 1531m while 1385 shares declined, and 158 were unchanged.