Tuesday, 26 December 2017

SENSEX ENDS AT RECORD HIGH OF 34,010; NIFTY AT 10530

Sensex the 34,000-mark for the first time and ended higher by 70.31 points or 0.21 percent at 34,010.61. The broader NSE index rose 38.5 points or 0.37 percent to close at an all-time high of 10,531.50. It was yet another record day for domestic stock markets as both Sensex and Nifty ended at all-time highs due to some fag-end buying by participants. Domestic sentiment was buoyed by gains in telecom stocks after Reliance Communications Ltd revealed a new debt-reduction plan with no write-offs. Welspun Corp rallied as much as 13.5 percent on Monday as the company has a new order for supply of 124 K MTs pipes. With the addition of these orders, the company has a current order book of 1,198 K MTs valued at Rs. 7,400 crores. Reliance Communications ended 31.9 percent higher Bharti Airtel Ltd rose as much as 3.3 percent 
GLOBAL MARKET:
Asian markets were mixed early in the Tuesday session in what's likely to be light, holiday-week trading.Japan's benchmark Nikkei 225 index came under slight pressure after closing at a 26-year high in the last session, despite thin holiday trade. The index traded lower by 0.1 percent as most technology and auto names drifted lower. Energy-related companies, however, made gains as oil priced nudged higher. Most Japanese retailers also edged higher, with shares of department store operator Takashimaya popping 3.93 percent to touch a more than two-year high. Hong Kong, Australia, and New Zealand markets remain closed on Tuesday. Sluggish trading on Monday. Japan and China turned in a mixed performance on Christmas Day, in light trading. The Nikkei 225 and Topix indexes edged higher on Tuesday — both rising 0.16 percent — while Chinese markets closed lower.
TOP GAINERS:
Company
Group
Current Price (Rs)
% Change
Forbes & Company Ltd
B
4,843.50
+ 20.00
Dhunseri Investments
B
445.70
+ 19.99
Kothari Products
B
236.50
+ 19.99
Nahar Capital & Fina
B
184.70
+ 19.97
Hester Biosciences L
B
1,933.00
+ 18.05
Aurionpro Solutions
B
223.40
+ 17.67
Vardhman Holdings
B
5,661.10
+ 17.26
Kalyani Investment
B
2,747.00
+ 16.94
63 Moons Technologie
B
127.00
+ 12.24
TOP LOSERS:
Company
Group
Current Price (Rs)
% Change
TV Today Network Ltd
B
441.05
-5.36
Ashapura Intimates F
B
470.00
-5.28
Bombay Rayon Fashion
B
145.25
-4.97
Sreeleathers Ltd.
B
275.50
-4.44
Cantabil Retail Indi
B
112.80
-4.37
RCI Industries & Tec
B
218.05
-3.92
GOCL Corporation
B
542.75
-3.83
IFGL Refractories
B
305.00
-3.76

No comments:

Post a Comment