For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Nifty ends higher on F&O expiry day

|
Nifty ends higher on F&O expiry day
Markets ended the day higher on the final day of expiry for the F&O November series. The Nifty closed the day higher by 35 points, while the Sensex gained 115 points in trade.
 

Indices traded in the green for most of the day following firm global cues. Capital Goods stocks were back in the limelight with several of the stocks rallying.

In today's trade, Suzlon Energy rallied eight per cent, while IL&FS Transportation Networks rose four per cent and Bharat Heavy Electricals gained almost 3.5 per cent and Jaiprakash ended almost eight per cent higher.

Investor frenzy in these stocks was largely on hopes that there would be some recovery in the capital goods sector once the investment cycle turns.

Wockhardt dropped for the second day in a row following the US FDA import alert on the company's Chikalthana plant.

Top Nifty gainers in trade apart from the capital good stocks were IDFC, Power Grid Corporation, HPCL, DLF and Dr Reddy's Labs.

Banking stocks also had a good day in trade with notable gainers from the space being Yes Bank, Punjab National Bank and Canara Bank.

There were only a few Nifty stocks that lost ground today including Cairn India and Cipla.

Meanwhile, markets in Asia ended the day mostly higher led by strong gains in the Japanese Nikkei and the Shanghai Composite. This was largely on the back of robust overnight closing in the US, wherein the Dow Jones hit a new record high.

GoodReturns.in

Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more