Monday, 11 December 2017

Nifty Hovers Around 10,300 Mark; Unitech Surges 13%

Posted by suhani varma on Monday, December 11, 2017 with No comments



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PSU Banks, FMCG, pharma and auto stocks were among the prominent gainers in the market with their respective sub-indices rising 0.6-1% on NSE.Equity benchmarks rallied further in the morning trade on continuous buying by domestic institutional investors amid strong global leads.

the Nifty50 Index was up 23 points, or 0.22% at 10,288 level, while the Sensex was at 33,335 points, up 0.25% or 84 points.

Max India's shares fell 4% after the Delhi government cancelled the licence of its Shalimar Bagh, Delhi hospital.

Shares of Unitech rallied for the second day, gaining 13% to Rs 8.25.

USFDA completes inspection at Granules India’s Virginia facility. Stock gained 3.5%.

L&T stock up 1% after 23.9 lakh shares change hands on BSE.


The BSE Midcap Index and BSE Smallcap Index was up by 0.16% and 0.43%, respectively.

All sectoral indices on the NSE were trading in the green except metal index.

Aurobindo (+1.8%), Eicher (+1.76%), Wipro (+1.70%), Lupin (+1.6%), M&M (+1.4%) were the top gainers on Nifty50.

Adani Ports (-1.79%), Hindalco (-1.2%), Indiabulls HF (-0.9%), Vedanta (-0.8%) and Infratel (-0.7%) were the top losers in today’s trade.

India VIX gained 4.11%.

Out of 1,997 stocks traded on the NSE, 991 advanced, 375 declined and 643 remained unchanged today.

A total of 82 stocks registered a fresh 52-week high in today's trade, while 14 stocks touched a new 52-week low on the NSE.

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