Thursday 17 December 2015

Sensex Jumps Over 300 Points; Auto, Pharma Gain

Posted by suhani varma on Thursday, December 17, 2015 with No comments

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The Indian equity market closed with smart gains extending its winning streak for the fourth consecutive trading session. The BSE Sensex opened at 25,597, touched an intra-day high of 25,831 and low of 25,448. It finally ended with a gain of 309 points at 25,804.

The NSE Nifty opened at 7,783 hitting a high of 7,853 and low of 7,738, before ending with a gain of 93 points at 7,844. The India VIX (Volatility) index was down 15.45% to 14.1400. On the global front, China's Shanghai Composite index closed rallied 1.8% and Hang Seng up 1%.

In Europe, the FTSE 100 jumped 1.5%. On the other hand, DAX and the CAC 40 were up 2% each.
Tata Steel, Tata Power, Hindalco, Vedanta, RIL, Yes Bank and Bajaj-Auto were among the gainers on NSE, whereas Bosch, Idea Cellular, Cairn India, Axis Bank, ONGC, Lupin, GAIL, Coal India and BPCL were among the losers today.

Out of 1,768 stocks traded on the NSE, 331 declined and 1,202 advanced today. The Rupee was seen strengthening against the US dollar. The Indian currency was quoted around 66.51 per US dollar, up 22 paise from the previous day's close.

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