Monday 28 March 2016

Sensex hovers around 25000; banks, metals, FMCG support

Epic Update Reliance IndustriesEquity benchmarks gained marginal strength amid choppy trade, supported by banks, FMCG, metals and auto stocks. The 30-share BSE Sensex rose 61.47 points to 25027.87 and the 50-share NSE Nifty advanced 23.55 points to 7638.65.

The broader markets also traded higher with the BSE Midcap and Smallcap indices rising 0.2 percent and 0.3 percent, respectively. About 899 shares advanced against 632 declining shares on BSE.

Reliance Industries, ITC, Axis Bank, Tata Motors, Maruti Suzuki, SBI, Hindalco Industries and Tata Steel gained 1-3 percent while Lupin and Sun Pharma plunged more than 2 percent.

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