Thursday, 20 April 2017

Nifty Closes Above 9130, Sensex Above 29400, Future Retail Sizzles Over 7%

Posted by suhani varma on Thursday, April 20, 2017 with No comments

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Benchmark indices NSE Nifty closed at 9136 levels higher by 32 points or 0.3%, whereas the BSE Sensex closed at 29,422 levels, up by 85 points or 0.2%. While, BSE Mid-cap Index closed down 0.6% at 14485 whereas, BSE Small-cap Index closed down 1.1% at 15128. The broader market outperformed major equity indices.

Grasim was the top Nifty gainer whereas, Yes Bank was the top Nifty loser. Grasim closed at Rs 1142 per share higher by 5.5%, while Yes bank closed at Rs 1545 per share lower by Rs 3.7%. Future Retail soared over 7% as the company announced that it is going to demerge its retail operation, closing at Rs 307.20 per share higher by Rs 14 per share or 4.9%.

India Cements sizzled 11% on receiving subsidiary merger nod from NCLT, closing at Rs 188.95 per share higher by Rs 14 per share or 8.3%. Shalimar Paints rallied nearly 8% to hit 52-week high, closing at Rs 222.05 per share higher by Rs 10.30 or 4.6%.  Yes Bank, India’s fifth largest private sector bank slipped over 4% on rising loans in Q4, closing at Rs 1544.85 per share, lower by Rs 60 per share or 3.7%.


SunTV Network closed at Rs 897 per share, up by Rs 53 or 6.3%.

Bayers Cropscience Ltd closed at by Rs 4090 per share up by Rs 217 or 5.6%.

Aditya Birla Nuvo Ltd closed at Rs 1645 per share up by Rs 1645 or 5.4%.

NLC India closed at Rs 107 per share up by Rs 5 or 5.4%.

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