For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Markets end higher on first day of new series; Sensex closes 118 pts higher

|
Markets end higher on first day of new series; Sensex closes 118 pts higher
Markets ended the day higher as the first day of Jan F&O series saw fresh positions being added up. Firm global cues, particularly strong openings across Europe also helped boost sentiments.
 

The Sensex ended the day higher by 144 points, while the Nifty closed 41 points higher in trade today. Leading the pack of gainers were IT stocks led by Tata Consultancy Services and Infosys Technologies. In fact, Tata Consultancy Services rallied more then three per cent in trade, while Infosys Technologies was up more then one per cent.

Wipro too was amongst the list of Nifty winners and gained one per cent.

Nifty stocks that lost ground in trade were Bharat Heavy Electricals, Hero Motor Corp, Jaiprakash Associates and Ultratech Cement.

Mid cap stocks which have rallied sharply in the last few trading sessions came in for some selling pressure with notable losers being Voltas, Jain Irrigation and Crompton Graves. Aurobindo Pharma fell four per cent on persistent selling pressure.

Banking stocks were having a good session with notable gainers from the space being ICICI Bank, Syndicate Bank and Bank of India.

ONGC ended the day flat despite reports that the company had surrendered some of the gas block in South Sudan.

Retail stocks ended the day higher on buying support after reports suggested that retail sales had picked-up this season.

Meanwhile, Asian markets ended the day higher led by strong gains in the Shanghai Composite and the Singapore Strait Times.

GoodReturns.in

Company Search
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