Comments
After a choppy trading session markets closed in the green on Friday, five days ahead of the keenly awaited Union Budget of the newly formed government followed by the start of the quarterly corporate earnings season.
The benchmark BSE Sensex closed at 25,962, up 138 points or 0.54 per cent. The Nifty settled at 7,752 mark, up 37 points or 0.48 per cent to close at a new high.
Alex Mathews, Head of Research, Geojit BNP Paribas Financial Service said: "Market today opened with a positive gap on strong U.S markets, but erased all its gains in by noon due to profit booking. Nifty managed to recover in the second half, and remained volatile. The markets may remain sideways till the budget and may take cues from it to give a breakout in either direction."
The sectoral gainers for the day were oil & gas and realty, which closed up around 1.67 per cent and 1.10 per cent respectively whereas the losers on the other end were metals and consumer durables sector which ended down around 0.87 per cent and 0.36 per cent respectively.
The INDIA Vix was up 1.97 per cent at 18.1
Powergrid, RIL, HDFC Bank, Dr Reddy and GAIL were among the top gainers on NSE, whereas ACC, Sesa Sterlite, Wipro, Jindal Steel and Kotak Bank were among the losers today.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.