Monday, September 18, 2017

NIFTY CLOSES AT RECORD HIGH, SENSEX RISES 151 POINTS


The nifty hit an all-time high on Monday, joining a rally in Asian shares, with banks, and automobile firms leading the gains & came out on top, breaking out of a tight range they were trading for a couple of weeks, to end at fresh closing high. Nifty closed at all-time high of 10,181, up 79 points, or 0.78 per cent after shuttling between 10,188 and 10,140. It broke the previous record closing of 10,184. hit on August 1. Sensex also rose 151  points, or 0.47 per cent to end at 32,423, its highest closing since August 2 when it had settled at 32,476. During the day, it touched a high of 32,508.
Ø  TOP GAINEERS:
·         Cadila Healthcare Ltd rose 1.2% to Rs 487
·         Nucleus Software Exports Ltd rose 5.2% to Rs 314.55
·         Vascon Engineers Ltd rose 11% to Rs39.05
·         Bajaj Auto Ltd rose 3% to Rs 3113.75
Ø  TOP LOSERS:
·         Tata Motors Ltd rose 2.1% to Rs 409.85. BS Ltd fell 3%
·         Alkem Laboratories Ltd fell 3.2% to Rs 1750.
·         Reliance Communications Ltd fell 2.2% to Rs 20.05.
§  Pharma stocks fell.
·         Divi’s Laboratories Ltd 7%,
·         Ipca Laboratories Ltd 3.1%,
·         Sun Pharmaceuticals Industries Ltd 1.7%,
·         Alkem Lab 1.6%,
·         Dr Reddy’s Laboratories Ltd 1.1%,
·         Aurobindo Pharma 1.1%,
·         Wockhardt Ltd 0.6%.


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