Tuesday 14 February 2017

Ways2Capital : Major Indices Snap 4-day Rally Tata Motors Drags Nifty

Posted by suhani varma on Tuesday, February 14, 2017 with No comments
 
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Nifty closed at 8792.30 levels, down by 12.75 points. Sensex closed at 28339.31 levels, down by 12.31 points. There were 535 advances, 1085 declines and 291 unchanged stocks on NSE, reflecting a negative bias floating in the market. There were 60 stocks that touched their fresh 52-week highs and 13 stocks that touched their fresh 52-week lows on NSE.

Bharti Airtel was the top gainer in the Nifty50 stocks. The stocks closed at Rs 368.65 per share, up by Rs 10.60 per share or 2.96%. Tata Motors DVR stock was the top loser in the Nifty50 stocks. The stock closed at Rs 288.50 per share, down by Rs 28.45 per share or 8.98%.

GAIL was the top gainer in the Sensex stocks. The stock closed at Rs 496 per share, up by Rs 14.80 per share or 3.08%. Tata Motors Ltd., was the top loser in the Sensex stocks which closed at Rs 468.30 per share, down by Rs 37.10 per share or 7.34%.

Broader markets closed in negative territory. BSE Mid-cap index closed at 13342.59 levels, down by 75.36 points or 0.56%. BSE Small-cap index closed at 13438.83 levels, down by 84.82 points or 0.63%.

India's wholesale inflation rose sharply in January. The inflation rose owing to costlier fuel and power. The food items however remained cheaper. The WPI inflation was announced at 5.25% compared with 3.29% in December.

Movers and Shakers of the day:

NCL Industries Limited closed at Rs 152.40 per share, up by Rs 20 per share or 15.11%.

Nitin Spinners closed at Rs 95.05 per share, up by Rs 11.40 per share or 13.63%.

SJVN closed at Rs 34.70 per share, up by Rs 1.70 per share or 5.15%.

Hindustan Petroleum Corporation closed at Rs 545.75 per share, down by Rs 32.40 per share or 5.60%.

Arcotech closed at Rs 628.55 per share, down by Rs 153.60 per share or 19.64%.

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