Monday, 8 January 2018

SENSEX ENDS AT RECORD HIGH OF 34,353; NIFTY CLOSES AT 10,625

The Sensex and Nifty jumped to record closing highs for a second straight session on Monday as pre-budget cheer and optimism over corporate results offset lowered growth forecasts, with the sentiment also boosted by broader world markets hovering near all-time highs. Sensex soared 198.94 points to close at a record high of 34,352.79 and the 50-share NSE index Nifty gained 64.75 points to end at a new peak of 10,623.60. IT stocks led the gains with Infosys Ltd, which is due to report December-quarter results on Friday, rising 2.4 percent. Orchid Pharma Ltd rose 4.93% to Rs23. Emami Infrastructure Ltd surged 17.47% to Rs344. Prakash Industries Ltd rose 6.60% to Rs218. Satin Creditcare Network Ltd shares surged 18% to Rs511. Wockhardt Pharma rose 8%, SMS Pharma 9%, Sun Pharmaceuticals
Ltd 4%, Marksans Pharma Rs 4%, Ipca Laboratories Ltd 3.3%, Biocon Ltd 3%, Cadila Healthcare 3%, Glenmark Pharma 2.7%, Lupin Ltd 2.5%, Divi’s Lab 2%. Hindustan Construction Co. Ltd rose 5% to Rs44. Jindal Steel & Power Ltd rose 13% to Rs240. Sagar Cements Ltd rose 2% to Rs1115. Sobha Ltd rose 9% to Rs655.
GLOBAL MARKET:
Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent
cocktail for risk appetite.MSCI's broadest index of Asia–Pacific shares outside Japan added 0.1 percent having climbed 3.1 percent last week, its strongest performance in six months. At 588.07, the index is within spitting distance of the record top of 591.50 hit in November 2007.
TOP GAINERS:
Company
Group
Current Price
% Change
EIH Associated
B
518.40
+ 20.00
Royal Orchid Hotels
B
207.40
+ 19.99
Emami Infrastructure
B
351.05
+ 19.87
Venus Remedies L
B
125.25
+ 19.63
EIH Ltd.
B
184.20
+ 19.53
Phillips Carbon
B
1,522.00
+ 19.50
Asian Hotels (East)
B
324.70
+ 16.65
Premier Explos.
B
511.60
+ 14.48
Poddar Pigments
B
346.00
+ 14.12
Balaji Amines Li
B
752.80
+ 13.98
TOP LOSERS:
Company
Group
Current Price
% Change
G M Breweries Ltd.
B
1,095.00
-6.62
Rane Holdings Ltd.
B
2,401.00
-5.44
Indo National
B
1,040.55
-5.31
Camlin Fine Sciences
B
135.25
-4.99
Gallantt Ispat Ltd.
B
284.65
-4.89
Magma Fincorp Ltd.
B
166.05
-4.51

2 comments:



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