Wednesday, 29 June 2016

Sensex holds early gains; govt clears mineral exploration policy

Epic Update Sensex
Epic Update Sensex

The market continued to hold its morning gains on the back of support from auto, pharma, IT and select banking & financial stocks.

The 30-share BSE Sensex rose 123.63 points to 26648.18 and the Nifty advanced 45.10 points to 8172.95. The market breadth remained strong as about three shares advanced for every share falling on the Bombay Stock Exchange.

The broader markets continued to outperform benchmarks as the BSE Midcap and Smallcap indices gained 0.9 percent and 1.1 percent, respectively.

The Cabinet in its today’s meeting has cleared mineral exploration policy and recommendations related to 7th pay commission.
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