Post Session: Sensex ends 496 points up; Nifty above 9050

14/03/2017 16:13

The key domestic benchmark indices ended at a record high on Tuesday as investors cashed in on BJP’s victory in state assembly elections. Nifty closed above 9050-mark for the first time ever, while the Sensex ended 496 points higher. The investors saw Prime Minister Narendra Modi’s landslide victory in the Uttar Pradesh as an indication of him winning a second term in office in Lok Sabha elections 2019.

The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29442.63, up by 496.4 points or by 1.71 per cent, and the NSE Nifty ended at 9087, up by 152.45 points or by 1.71 per cent.

During the day’s trade, Sensex touched intraday high of 29561.93 and intraday low of 29356.05 The NSE Nifty touched intraday high of 9122.75 and intraday low of 9060.5.

The top gainers of the BSE Sensex pack were ICICI Bank Ltd. (Rs. 286.75,+5.99%), Hindustan Unilever Ltd. (Rs. 913.80,+4.54%), Larsen & Toubro Ltd. (Rs. 1557.55,+4.40%), Housing Development Finance Corporation Ltd. (Rs. 1423.10,+3.69%), Sun Pharmaceutical Industries Ltd. (Rs. 708.25,+3.61%), among others.

The top losers of the BSE Sensex pack were Coal India Ltd. (Rs. 295.55,-6.63%), Bharti Airtel Ltd. (Rs. 361.35,-0.95%), Axis Bank Ltd. (Rs. 511.00,-0.88%), GAIL (India) Ltd. (Rs. 376.20,-0.59%), Bajaj Auto Ltd. (Rs. 2860.30,-0.20%), among others.

Among the sectors, CGS and Realty stocks emerged as the major gainers, surging 3.06 per cent and 2.57 per cent respectively. The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 3238 , shares advanced were 1780 while 1253 shares declined and 205 were unchanged.

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