Thursday, 12 March 2015

Sensex Rose 200 Points, Nifty Above 8750 - Ways2Capital

Posted by Ways2Capital on Thursday, March 12, 2015 with No comments

Despite weak global cues strength in the domestic markets. Sensex has gained more than 200 points, the Nifty has exceeded 8750. Sensex and Nifty gained 0.75 percent. Midcap and smallcap stocks remains the best shopping. BSE Midcap and Smallcap index was 1 percent up. All the sectoral indices on the BSE are seen in green. But power, metal and FMCG stocks supported the market by buying.

The BSE 30-share index Sensex 211 points ahead with 0.75 percent growth is trading at 28870. While the 50-share NSE Nifty  index 61 points ahead of 0.7 percent is trading at 8761 levels.

During the market NTPC, Tata Steel, JSPL, Ambuja Cements, Cairn India, Tata Motors, ITC and Sesa Sterlite like heavyweight stocks has increased from 5.7 to 2 percent. However, Mahindra & Mahindra, Tech Mahindra, HUL, Wipro, Bajaj Auto and Dr Reddy's like giant shares fell 1.4 to 0.5 percent.

In midcap stocks SpiceJet, NCC, Max India, Carborundum and Sun Pharma Advanced gained the most from 12.6 to 5.6 percent. Smallcap stocks, Jindal Stainless, Adhunik metallic, Kaplin Labs, Sharon Bio and International Paper rose highest from 16.4 to 9.4 percent.

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