Nifty brings up a fresh closing high, ITC big mover

A man looks at a screen displaying news of markets update inside the Bombay Stock Exchange building in Mumbai

The new-found optimism spurred stocks to new levels as the Nifty ended at a new peak of 9,160 today and the Sensex notched up minor gains, with liquidity keeping confidence level high.

The Nifty hit a record high of 9,218.4, but pared gains to close at 9,160.05, up 6.35 points.

The broader Nifty closed on Friday at an all-time high while the Sensex is only 350 points away from its historic high.

Indian equity indices extended their bull run on Friday with NSE benchmark Nifty closing at a fresh all-time closing high of 9,160 after crossing 9,200 for the first time during intraday trade.

"Indian markets well placed to absorb US Fed rate hike". Shanghai decreased 0.96 per cent, Hang Seng increased 0.09 per cent, while Nikkei reduced 0.35 per cent.

On Wednesday, Fed hiked key policy rates by 25 basis points or 0.25 percentage point to a range of 0.75-1.00% while China's PBOC hiked rates, Bank of Japan and Bank of England maintained status quo.

Collapse, controversial call boots Seton Hall from NCAA Tournament
Give credit to Rodriguez-he sat there and answered all the media's questions honestly despite being in obvious emotional pain. The first half was tight throughout, but Arkansas clawed back and took the lead on a Kingsley basket with 2:43 to go.

FMCG stocks witnessed healthy buying while heavy selling pressure was seen in capital goods, banking and automobile stocks.

Remaining net buyers of equities in the current month so far, FIIs on Thursday purchased shares to the tune of Rs 1,360.10 crore, according to provisional data.

Advances outnumbered declines almost 3:1 on the NSE with 1,153 securities out of a total of 1,741 advancing, 490 declining and 98 remaining unchanged. Investors bet that favourable liquidity will continue to spur the rally in emerging markets.

Among the 30-share Sensex pack, 26 stocks advanced and remaining 5 stocks fell during the week.

BSE FMCG index gained a whopping 2.41 per cent, followed by realty, IT and technology.

Bharti Airtel, Bharti Infratel, Zee Entertainment Enterprises, GAIL India, Idea Cellular, Bosch, Larsen & Toubro, Hindalco, BHEL, Infosys, BPCL, Grasim Industries and State Bank of India are lower by 0.5% - 1%. The market capitalisation of NSE stood at Rs 11,823,832.12 crore.

Relacionada:

Comentarios


Otras noticias