Thursday, June 11, 2015

Live: Sensex Hits 27,000, Nifty Above 8,150


Sharemasterindia.com 9:37 a.m.: After the recent correction in which the Nifty fell 5 per cent and the Sensex shed nearly 1,400 points, international brokerage UBS has come out with its list of top midcap picks.

9:25 a.m.: The Sensex jumped over 100 points to hit its important psychological level of 27,000 and the Nifty moved above 8,150 levels on the back of buying visible across the sectors.

Buying was visible across the board. Pharma, consumer durables, capital goods, banking and FMCG stocks were on the investors radar in the opening deals.

From the Nifty-50 basket of stocks, 33 stocks were advancing while 17 were declining.

Sun Pharma was the top Nifty gainer; the stock jumped nearly 2 per cent to Rs 839. ICICI Bank, Zee Entertainment, Ambuja Cements, Hindalco, HUL and Maruti Suzuki were also among the gainers.

On the other hand, Cairn India, Tata Motors, HCL Technologies, Idea Cellular, NTPC and Tata Steel were among the prominent laggards.

The broader markets were also witnessing some buying interest. The BSE mid-cap and small-cap indices advanced 0.7 per cent each.

The overall breadth on the BSE was positive as 957 stocks were advancing while 331 were declining.

9:20 a.m.: Buying visible across the board. Realty, capital goods, metal, consumer durables and pharma stocks among the top gainers.

9:15 a.m.: Markets open higher; Sensex gains 100 points to 26,940 and Nifty jumps 27 points to above 8,150 levels.

9:10 a.m.: Sensex jumps 119 points to 26,959 and the Nifty gains 34 points to 8,158 in the pre-market session.

9:05 a.m.: Andrew Holland, CEO of Ambit Investment Advisors, said the correction is likely over in Indian markets but there are few triggers to move equities significantly higher.

No comments:

Ace Investment Advisory - Latest News

Subscribe Now: Feed Icon

Share Tips,Nifty Future Tips,BSE,NSE Indian Stock Headline Animator