Key benchmark indices ended on a strong note with Nifty closing up by 1.25% (75.25) at 6096 & BSE Sensex at 20528 up by 256 points (1.26%) on speculation that U.S. lawmakers will reach an agreement on raising the nation’s debt limit to avoid a default and positive sentiments due to Infosys’ upward revision of FY2014 guidance. The overall market breadth was positive. In Nifty50 stocks the advance to decline stood at 27 advances to 23 declines. Sector specific, the Banknfity was the top gainers in NSE with3.26% gain followed by CNXIT (3.19%) & Realty (2.57%). FMCG & Pharma bucked the trend and closed in the red, indicating traders shifting preference from defensive to aggressive sectors.
No comments:
Post a Comment