Monday, 2 January 2017

SENSEX TURNS GREEN, NIFTY HOLDs 8,150

Sensex was trading at 26,622, down 4 points, while the broader Nifty was ruling at 8,183, down 2 points. In a volatile trading session, the indices pared most of its losses to turn flat in the afternoon trade on renewed buying in auto and realty stocks after many banks announced reduction in lending rates. Transformers and Rectifiers India jumped 5.3. Bombay Dyeing rose 3% .Eicher Motors rallied 5%. Bajaj Auto was down 2%.
GLOBAL MARKET:
On the global front, Asian markets closed flat. Japan’s Nikkei closed in red. Hong Kong’s Hang Seng  and China’s Shanghai Composite ended higher.After a weak start, European indices rebounded and Germany's DAX index touched its highest level since August 2015. Trading volumes, though, were low as markets in the UK and several other countries were closed for New Year holidays. France's CAC-40 touched a 52-week high of 4879.24 points.
TOP GAINERS:
Company
Group
Current Price (Rs)
% Change
Dredging Corpora
B
448.00
+ 16.24
Dhampur Sugar
B
151.25
+ 15.28
Genesys Int.Corp.
B
134.70
+ 13.58
Sreeleathers Ltd.
B
171.00
+ 12.13
Mangalam Drugs
B
149.00
+ 11.99
Nilkamal Ltd.
B
1,410.00
+ 11.58
TOP LOSERS:



Company
Group
Current Price (Rs)
% Change
Revathi Equipment Lt
B
564.00
-4.80
Neuland Laborat
B
985.00
-4.25
TeamLease Service
B
872.00
-4.03
Simplex Infrastructu
B
286.00
-3.85
Greenlam Industries
B
625.00
-3.24

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