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January 22, Monday 2018 4:02 PM       

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       Nifty rises 54 pts on positive global cues
 
         Posted on :00:41:16 Jan 6, 2018
   
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       Last edited on:00:41:16 Jan 6, 2018
         Tags: Nifty rises 54 pts on positive global cues
 
Mumbai: NSE benchmark Nifty finished at a record high today following sustained buying in media, infra, private bank, auto, realty and pharma sectors amid bullish global cues.
 
Global markets rose after the US stock indices closed at all-time highs yesterday, while the Dow topped the 25,000-mark for the first time.
 
The NSE Nifty opened higher at 10,534.25 and moved in a range of 10,566.10 -- its record high intra-day high -- to 10,520.10 before ending at 10,558.85, up 54.05 points, or 0.51 per cent.
 
It saw an intra-day movement of about 46.00 points.
 
On the sectoral front, media rose 1.45 per cent, private bank 0.95 per cent, infra 0.94 per cent, FMCG 0.84 per cent, auto 0.73 per cent, realty 0.73 per cent, pharma 0.70 per cent, bank 0.55 per cent, metal 0.45 per cent, finance service 0.43 per cent and IT 0.37 per cent.
 
However, auto and realty fell 0.20 per cent and 0.19 per cent, respectively.
 
Major index gainers were Yes Bank, Bajaj Finance, Adani Ports, IndusInd Bank, Bharti Airtel, Lupin, and Dr Reddy's.
 
Losers included Bharti InfraTel, Hindalco, UPL, HPCL, IOC, ONGC, Cipla, BPCL, Wipro and ICICI Bank.
 
The market breadth, indicating its overall health, was in favour of gainers. On the NSE, 1,053 stocks rose, 757 fell and 40 remained unchanged.
 
Total securities that hit their price bands were 224.
 
Turnover in the cash segment rose to Rs 38,342.91 crore from Rs 36,892.63 crore as on Thursday.
 
A total of 26,761.64 lakh shares changed hands in 12,791,399 trades. The market capitalisation of listed firms on the NSE stood at Rs 1,51,70,915.24 crore.
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       BUSINESS
Next Article: Air India ties up with three banks for loans for three B777 planes
 
 
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