Monday 8 September 2014

Current Nifty Market Updates –Nifty Hit With 8150



Equity benchmarks hit another record high in afternoon trade with the Nifty surpassing 8150 level, up 63.55 points to 8150.40 supported by banks, technology, FMCG and oil & gas stocks. The Sensex rose 212.58 points to 27239.28. About 1992 shares have advanced, 902 shares declined, and 94 shares are unchanged. India's largest lenders State Bank of India, ICICI Bank and HDFC Bank gained 0.9-1.6 percent .

The index gained 235.55 points at the day's high of 27,262.25 in mid-afternoon trade, a recordhigh for the barometer index. The index rose 117.86 points at the day's low of 27,144.56 in early trade. The CNX Nifty was up 64.50 points or 0.8% at 8,151.35. The index hit a high of 8,156.70 in intraday trade, a record high for the index. The index hit a low of 8,126.15 in intraday trade. The market breadth indicating the overall health of the market was strong with over two gainers for every loser. On BSE, 1,999 shares gained and 903 shares fell. A total of 90 shares were unchanged. 

The BSE Mid-Cap index rose 111.35 points or 1.15% to 9,780.11. The BSE Small-Cap index rose 210.18 points or 1.98% to 10,837.25. Both these indices outperformed the Sensex

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