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       Nifty ends marginally up at 9,929.90 pts
 
         Posted on :18:48:07 Sep 7, 2017
   
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       Last edited on:18:48:07 Sep 7, 2017
         Tags: Nifty ends marginally up at 9,929.90 pts
 

MUMBAI: Benchmark Nifty rose 13.70 points to end at 9,929.90 in range-bound trade Thursday following buying in metal, auto, pharma and IT stocks amid higher global cues.

Overseas, European stocks were trading higher before a much-awaited European Central Bank policy meeting.

Asian stocks rose, tracking overnight gains in US shares, following a deal to extend the federal government's borrowing limit for three months.

The 50-share Nifty opened higher at 9,945.85 and moved in a range of 9,964.85 and 9,917.20 before ending at 9,929.90, a modest gain of 13.70 points, or 0.14 per cent.

It saw an intra-day movement of about 47.65 points.

On the sectoral front, Nifty Metal rose 1.15 per cent, Auto 0.85 per cent, Realty 0.80 per cent, Pharma 0.58 per cent, IT 0.38 per cent, Finance Service 0.32 per cent and Infra 0.19 per cent.

Energy, FMCG and Media fell 0.75 per cent, 0.17 per cent and 0.13 per cent, respectively.

Index gainers were Indiabulls Housing Finance, Vedanta, Eicher Motors, M&M, Bosch Ltd, Hindalco, Bajaj Auto, NTPC and IndusInd Bank.

Losers included Reliance, BPCL, ITC, Tata Motors DVR, Bharti Airtel, Tata Motors, Coal India and ACC.

Broader markets comfortably outperformed the main index, as the Nifty Midcap and Smallcap indices gained 0.30 per cent and 0.36 per cent, respectively. Both the indices recorded fresh all-time highs.

Market breadth, indicating the overall health of the market, was tilted towards the gainers. On the NSE, 951 stocks advanced, 750 declined and 69 remained unchanged.

As many as 157 securities hit their price bands.

Turnover in the cash segment rose to Rs. 27,808.09 crore from Rs. 26,808.54 crore yesterday.

A total of 14,144.05 lakh shares changed hands in 96,87,674 trades. The market capitalisation of listed firms on the NSE stood at Rs. 13,242,141.18 crore.

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       BUSINESS
Next Article: Sensex recovers 115 points in early trade on Asian cues
 
 
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