Thursday 25 January 2018



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The market breadth was in favour of the advances on Thursday morning with 804 stocks advancing as against 782 declines while 418 remained unchanged. On the other hand, 1051 stocks advanced and 948 stocks declined while 85 remained unchanged on the BSE.The Indian benchmark indices were trading lower with the Nifty shedding 16 points, trading at 11,070 while the Sensex was down 75 points and was trading at 36,086.

CNX Infra was the outperforming sector which gained 0.8 percent as stocks like Larsen & Toubro gained 1.34 percent hitting record high while Siemens and Voltas added close to 1 percent each. Reliance Power and Engineers India were the other gainers.

Nifty IT was the biggest drag which was down 1.7 percent as stocks like Tech Maindra, Oracle Financial, HCL Tech and Infosys traded lower.

From the Nifty, the stocks that gained the most were Vedanta which jumped 2.56 percent hitting record highs while Hindalco also notched up 2 percent gain. Cipla, L&T and GAIL India were the other gainers.

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