Markets End The Day Higher; Tata Group Shares Recover

Markets ended the day higher after moving from losses to gains on the first day of the Nov F&O series.

Posted By:
Subscribe to GoodReturns

Benchmark indices ended the day higher in trade on the first day of the F&O November series. In fact, the Sensex and the Nifty were both volatile in trade and moved between gains and losses to finally end the day higher.

Markets End The Day Higher; Tata Group Shares Recover
The Sensex closed the day higher by 25 points, while the Nifty ended the day higher by 22 points in trade.

Leading the set of gainers from the Sensex were stocks like Tata Motors, Coal India and Dr Reddy's Laboratories.

ICICI Bank, which has had a relentless rally in the last few trading sessions, ended the day lower. The stock was the top loser from the Nifty. Cipla and Bharti Airtel were the other stocks that lost ground in trade.

Shares in Tech Mahindra rallied a huge 5 per cent, after the company reported a good set of numbers, in which its constant currency guidance rose.

Iron ore manufacturer, NMDC, rose 6 per cent after the company signed a Tripartite MoU with MP government for geological and geophysical exploration for various minerals.

Shares in VRL Logistics slumped 6 per cent, after the company said that its Q2 net profit was down 53.7 percent at Rs 13.9 crore versus Rs 30 crore.

Meanwhile, most of Europe was trading with losses, led by the German Dax and the French CAC.

GoodReturns.in

Read more about: sensex, nifty, tata motors, tata steel
Story first published: Friday, October 28, 2016, 14:54 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?