Nifty Manages To Close Above 9300 Level Sensex Slips From 30K Mark

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Nifty closed higher by 25 points at 9310 level maintaining itself above the crucial level of 9300. Sensex could not stay above the crucial mark of 30K. It closed at 29926 level up by 67 points. The broader market outperformed the major indices in the market. BSE Small-cap index closed higher by 0.7% at 15462 levels. BSE Mid-cap index closed higher by 0.5% at 14792 level.

There were 988 advances, 664 declines and 316 unchanged stocks on NSE reflecting strong positive bias floating in the market.The India volatility index closed lower by 2.7% at 11.66 level.

The realty stocks gave an eye-catching performance in the Monday’s trading session. Indiabulls Real Estate stock surged by 12.65% to close at Rs 171 per share. HDIL closed higher by 7.53% at Rs 92.85 per share. DLF closed higher by 6.65% at Rs 198 per share. Prestige Estates Projects Limited closed at Rs 255 per share gaining 4.19%.

The PSU Bank stocks witnessed the sharp surge in the closing hours. Syndicate Bank stock was the top gainer in the Nifty PSU Bank index which closed at Rs 91.05 per share higher by 4.18%.

Metal stocks showed weakness in the Monday’s trade. But Welspun Corporation Limited stock outperformed the Nifty Metal index gaining 6.81% to close at Rs 87.05 per share.

Repro India Limited stock closed higher by 14.22% at Rs 481 per share.

Arcotech Limited stock closed higher by 13.77% at Rs 455.75 per share.

Gillette India Limited stock closed higher by 9.22% at Rs 4815 per share.

Mangalore Refinery & Petrochemicals Ltd. stock closed higher by 6.74% at Rs 135.35 per share.

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