Thursday, 8 December 2016

NIFTY ENDS ABOVE 8200, GAINS 144 POINTS

Sensex rose as much as 409 points in intra-day trade while Nifty  continued to comfortably hold its 8,200 level. indices continue their upward march supported by strong global cues. Gains were visible in auto, metal, finance, banking and realty sector indices. European Central Bank money policy review expected later in the day also aided the sentiment. Tata Steel surged over 4%. Vedanta hit a 52-week high of Rs 240, up 4% ,while SAIL up 4.5% at Rs 54.30 and Hindalco Industries up 3% at Rs 181.  Tata Motors also rose over 4%. IVRCL infra rose almost 20% in today’s trade
GLOBAL MARKET:
On the global front, most Asian indices closed in green except Strait Times that ended in red and marginally down. In Europe, the FTSE 100 was up 0.07%. CAC 40 and DAX was up 0.19% and 0.41% respectively while, the US Nasdaq was also up 1.13%.Japan's Nikkei put on 0.9%, brushing off a disappointing downward revision to economic growth for the third quarter. The Dow ended Wednesday with gains of 1.55%, while the S&P 500 climbed 1.32%.
TOP GAINERS:
Company
Group
Current Price (Rs)
% Change
Quick Heal Technolog
B
284.15
+ 15.46
Arrow Greentech
B
541.30
+ 14.97
AtlasCycles(Haryana)
B
376.15
+ 9.65
Lumax Auto Technolog
B
467.00
+ 7.65
Aries Agro Ltd.
B
167.85
+ 6.98
Shreyans Inds.
B
111.40
+ 6.86
Thangamayil Jeweller
B
179.95
+ 6.51
TOP LOSERS:
Company
Group
Current Price (Rs)
% Change
Asian Hotels (North)
B
105.00
-6.63
Adhunik Industries
B
108.00
-5.59
TV Vision
B
280.35
-5.08
PNC Infratech
B
106.50
-5.08
Coral India Finance
B
161.40
-4.55

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