Post Session: Sensex ends 79 pts higher; FMCG, pharma stocks support

27/10/2016 16:22

Amidst choppy trade, the 30-share S&P BSE Sensex ended tad higher on Thursday, led by gains in FMCG and healthcare stocks, after falling nearly 104 points in early trade as investors roll over their positions amid the October Futures & Options (F&O) contract expiry today. Selling across broader markets coupled with weak cues from Asian peers capped day’s gain.

Snapping two-day losses, the 30-share BSE SENSEX closed at 27915.9, up by 79.39 points or by 0.29 per cent, and the NSE Nifty ended at 8615.25, up by 0 points or by 0 per cent.

During the day’s trade, the BSE Sensex touched intraday high of 27958.13 and intraday low of 27665.6, while the NSE Nifty touched intraday high of 8624.85 and intraday low of 8550.25.

The top losers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 1086.35,-3.24%), Hero MotoCorp Ltd. (Rs. 3314.75,-3.12%), Wipro Ltd. (Rs. 462.65,-2.06%), Bajaj Auto Ltd. (Rs. 2764.35,-1.93%), Lupin Ltd. (Rs. 1485.00,-1.56%), among others.

On the flip side, Housing Development Finance Corporation Ltd. (Rs. 1383.40,+3.55%), Dr. Reddy’s Laboratories Ltd. (Rs. 3318.90,+2.33%), ICICI Bank Ltd. (Rs. 283.95,+1.94%), ITC Ltd. (Rs. 243.30,+1.84%), Bharti Airtel Ltd. (Rs. 323.05,+1.57%), were among top gainers on BSE.

On the sectoral front, FMCG and healthcare stocks were among top gainers on BSE, adding as much as 0.55 per cent and 0.12 per cent respectively.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3088, shares advanced were 1138 while 1672 shares declined and 278 were unchanged.

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