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Thursday, 29 December 2016

SENSEX NIFTY ENDS HIGHER AFTER A VOLATILE SESSION

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INDIAN BENCHMARKS: SENSEX NIFTY ENDS HIGHER AFTER A VOLATILE SESSION
 
The market has ended in green after a lot of volatility due to December Future & Options (F&O) expiry today. The Nifty was up 68.75 points or 0.9 percent at 8103.60 and the Sensex climbed 155.47 points or 0.6 percent at 26366.15.
About 1651 shares have advanced, 929 shares declined, and 171 shares are unchanged. Auto, metals and IT stocks lend support.

Maruti, HDFC, Tata Motors, TCS and Bharti were gainers while Adani Ports, Infosys, Sun Pharma, L&T and BHEL were losers in the Sensex.


HEADLINES OF THE DAY
IRB surges after securing road project from NHAI.
Ashok Leyland launches Oyster brand of bus.
Lupin gets tentative nod for Generic Giazo Tablets.

The crucial resistance for Nifty spot is now seen at 8135 and above this 8230 Support for the immediate term is now placed at 8065 and next support will be 8000.



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