Sensex, Nifty Open Higher on Last Trading Day of 2014

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    The Sensex and the Nifty opened the day higher led by gains in select IT stocks. The Sensex was up 15 points in early trade while the Nifty was up 13 points in trade. Leading the set of gainers from the Nifty were stocks like Coal India, Hindalco, ITC, HDFC Bank and HDFC.

    Sensex, Nifty Open Higher on Last Trading Day of 2014
    Auto stocks lost ground today on worries that there would be an excise duty increase with effect from Jan 1, 2015. Stocks like Tata Motors, Maruti, Mahindra and Mahindra and Bajaj Auto lost ground in trade.

    Banking stocks were also subdued in trade. However, PSU Banking stocks were in the limelight ahead of a meeting of banking chiefs for a banking summit with Prime Minister Narendra Modi, Finance Minister Arun Jaitley and RBI Governor Raghuram Rajan.

    Stocks like Syndicate Bank, Punjab National Bank and State Bank of India were among the winners in trade.

    Dealers say markets may remain subdued for the remainder of the trading day ahead of some activity into the new year.

    Read more about: sensex nifty
    Story first published: Wednesday, December 31, 2014, 9:31 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    Notification Settings X
    Time Settings
    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