Thursday, 31 August 2017

Nifty Ends Above 9,900 Mark

Posted by suhani varma on Thursday, August 31, 2017 with No comments
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Markets ended in positive territory after a range bound intraday trade. Nifty ended gaining 33 points at 9,917 level and BSE Sensex closed higher gaining 84 points at 31,730 level.Wipro is the top Nifty gainer closing higher by 2.28% at Rs 297.85 per share.Reliance, HDFC and Maruti were the top index gainers in Thursday’s trade. Reliance Industries closed higher by 2.02% at 1,595 per share, HDFC closed higher by 1.11% at Rs 1,779 per share and Maruti Suzuki gained 1.67% at Rs 7,696 per share.
BSE Mid-cap index closed higher by 0.22% at 15,539. BSE Small-cap index closed higher by 0.84% at 16,001. India VIX closed lower by 7.2% at 11.9.

There were 974 advances, 656 declines and 332 unchanged stocks on NSE reflecting a positive undertone floating in the market.Wipro, Maruti Suzuki and Tata Power are the top Nifty gainers, whereas Bosch, Bharti Infratel and Coal India are the top Nifty losers.Defence stocks were buzzing during Thursday’s trading session amid volatile market ahead of August derivative expiry. Defence stocks namely Astra Microwave Products closed higher by 3.13% at Rs 130 per share, Reliance Defence and Engineering closed higher by 6.86% at Rs 57.65 per share and Walchandnagar Industries closed higher 2.84% at Rs 144.85 per share.

The share of Bombay Dyeing and Manufacturing Company was buzzing on Thursday’s trading session amid volatile market. The stock breached upper circuit at Rs 114.80. It also traded new 52 week high at Rs 114.80 per share on Thursday. The stock closed higher by 9.96% at Rs 114.80 per share.

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