Monday, 16 October 2017

MARKETS END AT RECORD HIGHS; NIFTY CLOSES ABOVE 10,200 FOR FIRST TIME EVER

The Sensex rose 200 points to close at an all-time high of 32,633 as investor optimism was buoyed by encouraging comments from the IMF chief. The Nifty too ended at a fresh life-time high of 10,230 points, showing gains of 63 points, or 0.62 percent, in its record-setting spree for the second session. Avenue Supermart Ltd rose 2% to Rs 1256. Bharat Financial Inclusion Ltd rose 2.7% to Rs 1030. Reliance Industries Ltd rose 1.2% to Rs887. Federal Bank shares rose 3.58% to Rs121. Bharti Airtel, M&M, Tata Motors and Hindustan Unilever were top gainers with gains to the tune of 4.54%, 3.59%, 2.99% and 2.49%, respectively.
GLOBAL MARKET:
Asian shares advanced to new highs on Monday following Wall Street’s lead, while US oil futures jumped to hover near a six-month peak as escalating tensions between the Iraqi government and Kurdish forces threatened supply.MSCI’s broadest index of Asia–Pacific shares outside Japan gained for a fifth day running to be up 0.3 percent after US stocks ended at record highs.
TOP GAINERS:
Company
Group
Current Price
% Change
Godrej Agrovet L
B
595.55
+ 29.47
Swan Energy Ltd.
B
163.65
+ 19.98
Aries Agro Ltd.
B
208.15
+ 19.04
Everest Industries L
B
480.60
+ 16.00
Radico Khaitan Ltd.
B
215.95
+ 15.73
Suven Life Sciences
B
220.30
+ 11.54
Bliss GVS Pharma
B
173.45
+ 10.13
Eon Electric
B
112.00
+ 9.97
TOP LOSERS:
Company
Group
Current Price
% Change
Sreeleathers Ltd.
B
185.80
-9.98
GNA Axles
B
364.80
-6.03
TCI Developers Ltd.
B
453.70
-5.48
KDDL Ltd.
B
248.00
-5.00
Astec Lifesciences L
B
588.55
-4.87
Texmaco Rail & Engin
B
100.90
-4.81
Orient Paper
B
100.05
-4.71

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