Thursday, 16 February 2017

Ways2Capital :Nifty Firmly Up By 8750 Levels Cadila Healthcare Up By 22.71%

Posted by suhani varma on Thursday, February 16, 2017 with No comments
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Nifty closed at 8778 levels, up by 53.30 points or 0.61%; while Sensex closed at 28301.27 levels, up by 145.71 points or 0.52%. There were 1136 advances, 484 declines and 296 unchanged stocks on NSE, reflecting strong positive bias floating in the market. 37 stocks touched their fresh 52 week high; whereas 19 stocks touched their fresh 52 week low on NSE in Thursday’s trading session.Tata Group stocks traded in green on Thursday.

FMCG heavyweight player, ITC Limited closed at Rs 266.30 per share, down by Rs 6.70 per share or 2.60%. The stock contributed the most to the BSE FMCG index’s losses. Though the index was trading in red, Radico Khaitan is the top gainer in the index, closing at Rs 130 per share, up by Rs 9.70 per share or 8.06%.

Other FMCG stocks like KCP Sugar & Industries Corporation Ltd., Dalmia Bharat Sugar and Industries Ltd., Vadilal Industries Ltd., Goodricke Group Ltd., LT Foods Ltd., and Som Distilleries and Breweries Ltd., closed higher by 4%. Broader Markets outperformed the major indices in Thursday’s trading session. BSE Mid-cap index closed at 13352.59 levels, up by 164.77 points or 1.25%. BSE Small-cap index closed at 13413.95 levels, up by 179.13 points or 1.35%.

Movers and Shakers of the day:

Cadila Healthcare Ltd., closed at Rs 439.80 per share, up by Rs 81.40 per share or 22.71%.

JP Associates closed at Rs 13.75 per share, up by Rs 1.70 per share or 14.11%.

PNB Gilts Ltd., closed at Rs 57.35 per share, up by Rs 6.45 per share or 12.67%.

Bharat Forge closed at Rs 1081.15 per share, up by Rs 61.40 per share or 6.02%.

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