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10 January
2017
Hopes
of positive third- quarter results, along with expectations on more spending
support from the upcoming Union Budget and a strengthened rupee lifted the
Indian equity markets on Tuesday. Healthy buying was witnessed in the
automobile, capital goods and metal stocks. The wider 51-scrip Nifty of the
National Stock Exchange (NSE) edged up by 52.55 points or 0.64% to 8,288.60
points. The Sensex touched a high of 26,914.95 points and a low of 26,804.17
points during the intra-day trade. The
Total Investment & Insurance Solutions
The
trends of the major indices in the course of Tuesday’s trading are given in the
table below:
Major Indices (The Total
Investment & Insurance Solutions)
The BSE
market breadth was tilted in favour of the bulls - with 1,668 advances and
1,146 declines. In the Nifty500 index, 313 stocks closed in the green, while
180 settled below the neutral line. On Monday, profit-booking, coupled with
rupee depreciation subdued the Indian equities markets.
In the
broader market, the BSE Midcap and BSE Smallcap outperformed the headline
indices and added 0.8%, and 0.7%, respectively. Meanwhile, eight sugar stocks
hit their respective 52-week highs on the BSE with heavy volumes. BSE Metal and
BSE Industrials were the top performers with the indices gaining by 1.42% and
1.57%. The Total Investment &
Insurance Solutions
Engineers
India (EIL) added 2.8% to Rs157 after the company said it has received a
project worth Rs2,500 crore from the state-owned oil marketing company
Hindustan Petroleum Corporation (HPCL) for execution of Vizag Refinery
Modernization Project (VRMP).
IndusInd
bank declared results today beating street estimates. The stock closed at
Rs1160.70 with marginal gain of 0.13%. The
Total Investment & Insurance Solutions
The top
gainers and top losers of the major indices are given in the table below:
Top Gainer (The Total
Investment & Insurance Solutions)
Britain's
FTSE 100 continued its climb to record highs on Tuesday while Europe's top
benchmark failed to hold early gains with financials the biggest drag. MSCI's
broadest index of Asia-Pacific shares outside Japan advanced 0.5%, but Japan's
Nikkei resumed its declines, closing down 0.8% as the yen strengthened. China's
CSI 300 was little changed, largely shrugging off further signs of improvement
in the industrial sector. The
Total Investment & Insurance Solutions
The
closing values of the major Asian indices are given in the table below:The Total Investment & Insurance
Solutions
Asian Indices (The Total Investment & Insurance Solutions) |
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