Wednesday, 12 April 2017

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Indian benchmark indices entirely recovered previous day’s losses. Markets sustained optimism at the day’s close. Markets surged in the morning hours and then consolidated throughout the day with minor upside moves. Nifty and Sensex closed at 9236 and 29788 gaining 55 and 212 points respectively from the previous close.

The Midcap index gained 0.4% but underperformed the benchmark while Smallcap outperformed with 1% gains. Market breadth remained highly positive with 1035 advances and 631 declines on NSE reflecting positive bias.On sector specific front PSU Bank surged 2%. FMCG, Realty and and all other Banking and Financial sectors followed with 1% or more. Metal and Media were the only major sectors that slid 1.5% and 0.6%. ITC, ICICI Bank and Ambuja Cements were the top gainers while Adani Ports, ZEEL and Tata Power were the top losers for the Nifty.


Kopran closed at Rs 97 per share up by Rs 14.45 or 17.5%.

Honda Power closed at Rs 1465 per share up by Rs 130 or 9.7%.

Nitco Ltd closed at Rs 67 per share, up by Rs 5.5 or 9%.
 
KTK Bank closed at Rs 159.3 per share up by Rs 13 or 9%.
 
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