ECONOMY ANALYSIS
- Nifty ends above 6300 on FM booster shots; PSU banks rally 2-6%
- Q3 CAD narrows to $4.2bn on fall in trade deficit, gold imports
- 21 projects will benefit due to premium rescheduling: NHAI
- Bad loans biggest challenge facing public sector banks: FM
- Code of conduct not to affect govt functioning: Chidambaram
- Lok Sabha polls from Apr 7-May 12, result on May 16
- Axis Bank stake sale, PSU ETF likely in next 2 weeks
MARKET ANALYSIS
- MUMBAI: The benchmark Sensex today extended gains by rising 67 points to end near its record close on sustained buying driven by positive global cues.
- Thawing of Ukraine crisis and upbeat economic data from China helped domestic markets, said traders.
- After gaining 263.08 points in the previous session, the Sensex advanced 67.13 points, or 0.32 per cent, to end at 21,276.86, a fresh six-week high.
- At this level, the index is just 100 points away from its record closing high of 20,376.56 on February 7.
- ICICIBSE 2.70 % Bank, whose shares jumped 2.7 per cent, alone contributed about 41 points to Sensex's 67.13-point rise.
- Seventeen stocks gained in 30-share Sensex while 13 ended lower. Major Sensex gainers include SBIBSE 1.54 %, InfosysBSE 0.41 %, Axis BankBSE 0.90 %, HDFCBSE 0.61 %, Maruti SuzukiBSE 1.51 %, L&T, ONGCBSE 1.50 %, Sun PharmaBSE 0.28 % and CiplaBSE 1.72 %.
- The 50-share NSE index Nifty crossed key 6,300 level by adding 30.70 poins, or 0.49 per cent, to end at 6,328.65.
MARKET INDICES
INDIAN MARKET
|
INDEX
|
CLOSE
|
CHANGE
|
% CHANGE
|
|
SENSEX
|
21276.86
|
61.13
|
0.32
|
|
NIFTY
|
6328.65
|
30.70
|
0.49
|
|
BANK NIFTY
|
11098.80
|
169.75
|
1.55
|
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