Friday, 5 May 2017

Nifty Closed Below 9300 Sensex Slips From 30K Mark

Posted by suhani varma on Friday, May 05, 2017 with No comments
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Nifty closed at 9285 levels down by 74 while Sensex closed lower by 267 points at 29858 levels in Friday’s trading session. India VIX closed at 11.94 levels higher by 5.4%. There were 418 advances, 1246 declines and 289 unchanged stocks on NSE reflecting strong negative bias floating in the markets.

PSU Banks were trading higher in the morning hours on Friday. The stocks were trading close to its 52-week high. The Canara Bank from the PSU Bank stocks was the star performer in the Friday’s trade, it touched intraday high of Rs 416 per share higher by 7%. The private bank stock, Federal Bank Limited touched its fresh 52-week high of Rs 120 per share up by 6.6%.

The broader market indices also have shown weakness in the Friday’s trading session. The BSE Mid-cap index closed lower by 1.09% at 14718 levels while BSE Small-cap index closed lower by 0.84% at 15355 levels.

Dilip Buildcon Limited closed higher by 7.48% at Rs 459.55 per share.

Gujarat Ambuja Exports Limited closed higher by 5.81% at Rs 140.25 per share.

Indiabulls Ventures Limtied closed higher by 4.98% at Rs 118 per share.

Indiabulls Housing Finance Limited closed higher by 2.65% at Rs 1103.45 per share.

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