Tuesday, 28 June 2016

Sensex rises 150 pts, Nifty inches towards 8200; Smallcap shines



The market extended gains in morning trade with the Sensex rising over 150 points, tracking rally in global peers after absorbing shocks of Brexit.

The 30-share BSE Sensex rose 161.27 points or 0.61 percent to 26685.82 and the 50-share NSE Nifty climbed 51.25 points or 0.63 percent to 8179.10. The BSE Midcap and Smallcap indices gained 0.6 percent and 1 percent, respectively.

The market breadth was positive as about four shares advanced for every share declining on Bombay Stock Exchange.

HDFC, Asian Paints, Tata Motors, ICICI Bank and L&T gained over a percent while ITC, HDFC Bank, GAIL and HUL fell on profit booking.

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