Thursday, November 22, 2018

Nifty begins Samvat 2075 on a strong note, Sensex ends 245 points higher; Infosys, M&M gain big

At the close of market hours, the Sensex ended up 245.77 points or 0.70% at 35237.68, while the Nifty closed higher by 68.40 points or 0.65% at 10598.40.



Equity benchmarks began the Samvat 2075 on a strong note, with the Nifty ending just below 10,600, while the Sensex closed 245 points higher. Strong buying was visible among midcaps space as well as the Nifty Midcap index ended the session around a percent higher.
Traders looked to bet across the sectors as all the sectors on Sensex and the Nifty ended in the green. Automobile, banks, consumption, IT and metals were the top gainers.
It was just short of a photo finish on the Nifty as just two stocks on the Nifty ended in the red — Axis Bank and Zee Entertainment. The selling in these two names also happened in the last few minutes of trade, in an otherwise positive session.
The new Samvat began on a good note, as benchmarks opened a percent higher. Global cues were favourable for the market, while it chose to shrug off crude inching up to $73 per barrel. They traded marginally off high points for a brief period, but buying was back on the indices in the last half an hour of trade.
Equity benchmarks began the Samvat 2075 on a strong note, with the Nifty ending just below 10,600, while the Sensex closed 245 points higher. Strong buying was visible among midcaps space as well as the Nifty Midcap index ended the session around a percent higher.
Traders looked to bet across the sectors as all the sectors on Sensex and the Nifty ended in the green. Automobile, banks, consumption, IT and metals were the top gainers.
It was just short of a photo finish on the Nifty as just two stocks on the Nifty ended in the red — Axis Bank and Zee Entertainment. The selling in these two names also happened in the last few minutes of trade, in an otherwise positive session.
The new Samvat began on a good note, as benchmarks opened a percent higher. Global cues were favourable for the market, while it chose to shrug off crude inching up to $73 per barrel. They traded marginally off high points for a brief period, but buying was back on the indices in the last half an hour of trade.
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