The market ends on another record high level. The Nifty
ended at 7897.50, up 23.25 points while the Sensex was up 29.71 points at
26420.67. Both the benchmark indices were up for sixth day in row. M&M,
Tata Motors, BHEL, Bajaj Auto and Dr Reddy's Labs were top gainers in the
Sensex. Among the losers were HDFC twins, TCS, Hindalco and Sun Pharma.
The barometer index, the S&P BSE Sensex, was currently up 70.10 points or 0.27% at 26,461.06. The market breadth indicating the overall health of the market was positive.
The barometer index, the S&P BSE Sensex, was currently up 70.10 points or 0.27% at 26,461.06. The market breadth indicating the overall health of the market was positive.
The index jumped 139.71 points at the day's high of 26,530.67 in early
trade, a record high for the index. The index rose 4.21 points at the day's low
of 26,395.17 in early afternoon trade.
The CNX Nifty was up 31.65 points or 0.4% to 7,905.90. The index hit a high
of 7,918.55 in intraday trade, a record high for the index.
The market breadth indicating the overall health of the market was positive.
On BSE, 1,557 shares gained and 1,162 shares fell. A total of 110 shares were
unchanged.
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Aurobindo Pharma will be expanding the capacity of its active pharmaceutical ingredients ( APIs) unit (unit-11) in Vizag this fiscal. Indian Oil Corp is reportedly planning to raise processing of cheaper crude oil varieties to 30% by 2017-18.
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