Friday, 28 April 2017

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PSU banks witness a sharp surge in closing hour such as Canara bank is up by 8%, Syndicate Bank is up by nearly 10%, Indian Overseas bank is up by 4.3%, Union bank of India is up by 7%, Oriental Bank by 5%.The stocks namely Tata Teleservices, Amtek Auto, Metalyst Forgings and Castex Technologies witnessed sharp surge during closing hours on Friday on BSE.

Tata Teleservices is trading up 19.9% at Rs 8.30, Amtek Auto is up by 18.5% at Rs 39.35, Metalyst Forgings is up by 12.8% at Rs 57 and Castex Technologies is trading up by 15.7% at Rs 9.07. Meanwhile, the BSE Fast Moving Consumer Goods index was losing at closing hours. It was trading at 9429 down by 1.03%. The stock of ITC was majorly contributing to index losses and dragging it to lower levels.

The S&P BSE Sensex is trading at 29,948 down 81 points while NSE Nifty is trading at 9313 down 28 points. A total of 85 stocks registered a fresh 52-week high in trade today, while 16 stocks touched a new 52-week low on the NSE.

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