Tuesday, 29 November 2016

Sensex pares most gains; Nifty50 above 8,140; Idea rallies 5%, Maruti 4%.

The benchmark indices trimmed initial gains to settle the day flat with the Sensex closed up 43.84 points (2%) at 26394.01 and the Nifty was up 15.25 points (2%) at 8142.15. 

Market breadth remained strong with 1578 advances over 1024 declines on the BSE. A total of 198 shares were unchanged. Maruti, Bharti Airtel, GAIL, Hero MotoCorp and M&M were top gainers while Axis Bank, Sun Pharma, NTPC, ITC and TCS were losers. 

The broader market outperformed the headline indices with BSE Midcap index and BSE Smallcap index settling the day 0.5 percent higher each.  

Meanwhile, the Lok Sabha today passed the Bill to amend Income Tax Act to impose tax on deposits made post-demonetization without dispute. Finance Minister Arun Jaitley moved the Bill amidst uproar by the Opposition. 

2 Day Free Trial and Top Stock Tomorrow BUY/SELL >>>>>> CLICK HERE

0 comments:

Post a Comment

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Online Project management