Wednesday 22 November 2017

Nifty Ends At 10,340 Level, Media Index Shines

Posted by suhani varma on Wednesday, November 22, 2017 with No comments



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Indices end higher for the fifth consecutive session, riding on the gains of Media and PSU Bank stocks. PSU Bank Index gains 1%, led by SBI (+1.5%) and Indian Bank(+2%). Nifty Media Index gains 2.5%, leading the sectorial indices, backed by Zee Entertainment appreciating over 3.5%.

Sensex closed at 33,561, up 83 points, while Nifty ends trade at 10,342, up 15 points.

The BSE Mid-cap Index closed lower by 0.05% at 16,785, whereas BSE Small-cap Index ended trade at 17,853, up 0.23% .

Gainers% changeLosers% change
1ZEEL3.78TECHM-2.28
2ADANIPORTS3.28BAJFINANCE-1.99
3GAIL2.20HINDALCO-1.74
4AMBUJACEM1.97DRREDDY-1.47
5ULTRACEMCO1.57AUROPHARMA-1.45

On the BSE, Finance (+0.16%), Industrials(+0.47%), and Auto(+0.30%) sectors gained, while Energy(-0.19%), Healthcare(-0.52%), Telecom(-1.15%), Power(-0.05%) and Metal(-0.66%) showed weakness.

India Vix is trading higher by 2.35% at 14.03 level.

Among the 1,985 stocks being traded, 783 advanced, 897 declined and 305 remained unchanged.

A total of 90 stocks have touched 52-week high, while 21 stocks dipped to 52-week low since morning on the NSE.


Closing Bell: Gainers: Zee (+4%), Adani Ports (+3%), GAIL (+2%). Losers: Tech Mahindra, Bajaj Fin (-2%).

Nifty Pharma Index dips 1%. Divi’s Lab (-2%), Dr.Reddy’s, Aurobindo (-2%), Cadila, Lupin (-1%).

Nifty Pharma Index dips 1%. Divi’s Lab (-2%), Dr.Reddy’s, Aurobindo (-2%), Cadila, Lupin (-1%).

Brigade Enterprises stock zooms 5% on the back of heavy volumes.

Shipping Corporation stock slips 1% as vessel sinks off Mumbai coast.

Teamlease Services stock jumps 10% as T Rowe Price buys stake.

Nifty Media Index gains over 2.5%. Zee (+4%), Sun Tv, Jagran (+3%).

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