Research Infotech

Research Infotech

Tuesday 27 December 2016

Bulls back on D-St; Sensex zooms 406 pts, Nifty ends above 8000

The Sensex was up 406.34 points or 1.6 percent at 26213.44 and the Nifty ended up 124.60 points or 1.6 percent at 8032.85. About 1679 shares advanced, 862 shares declined, and 193 shares were unchanged.
The bulls heaved a sigh of relief as Dalal Street recovered some lost ground. The Nifty recaptured 8000 while the Sensex surged up 400 points Tuesday. What could have boosted sentiments today may be market investors bullishness as  number of global fund managers say that they are buying emerging market assets for 2017 after the beating the sector has taken since the US election in November, even though credit rating agencies have a less positive outlook. 

The Indian market bounced back reacting positively as all sectoral indices closed with gains of over 1 percent. The Sensex was up 406.34 points or 1.6 percent at 26213.44 and the Nifty ended up 124.60 points or 1.6 percent at 8032.85. The Nifty Bank snapped 3-day losing streak, closing with gains of over 1.2 percent.

Gainers
SymbolLTP% chngVolume
BOSCHLTD
ITC
TATASTEEL
AUROPHARMA
HINDALCO
20,200.00
234.50
392.70
644.35
156.30
4.56
4.22
3.31
3.18
3.17
15,170
1,56,05,810
38,94,041
18,51,141
1,07,82,163

Losers
SymbolLTP% chngVolume
GAIL
GRASIM
INDUSINDBK
KOTAKBANK
-
424.40
810.30
1,059.70
710.50
-
-0.96
-0.56
-0.08
-0.08
-
18,07,494
6,17,244
11,93,147
13,37,045
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