Monday, 4 May 2015

Nifty Highlights: Nifty End Above With Level 8300



The market was on fire fueled strongly by oil, FMCG and pharma stocks. The Sensex ended up 479.28 points or 1.8 percent at 27490.59 and the Nifty scaled the 8300-level. The 50-share index closed up 150.45 points or 1.8 percent at 8331.95. About 1954 shares advanced, 838 shares declined, and 153 shares were unchanged.Key benchmark indices in India extended intraday gains mid-afternoon trade as European stocks edged higher.

The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty were currently trading with gains of more than 1% each. The Sensex was currently up 360.39 points or 1.33% at 27,364.41. The market breadth indicating the overall health of the market was quite strong, with more than two gainers against every loser on BSE. The 50-unit CNX Nifty was up 113.90 points or 1.39% at 8,295.40.
 
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