Nifty travelled to the Green Zone, Closes at 8,738.10
Nifty
share price (spot) did not see the face of the red zone in today’s
trading session. The share price opened at 8670 from a previous closing
of 8650. The market saw a huge turmoil owing to the unstable condition
at the Indo-Pak border after the Uri attack and India’s surgical strike
at the LoC.By
the way Nifty behaved today one can easily understand that the market
unanimously feels that the tension at LoC has subsided and as history
has taught us market is the best judge of any situation.
This
morning the NSE equity benchmark index saw a sharp buying as a result
of which Nifty share price rose sharply to make a high of 8,788.00. A
total of 1,62,104 contracts of Nifty were traded on NSE amounting to a
total of Rs 10,62,163.77 lacs. The underlying value of the Index is
8,738.10. As of today, the Open Interest is 2,19,92,550.
The High Rising Sectors
Some
of the sector witnessed a rise while some were not so lucky today. The
Chemical sector rose by 4.71 per cent, Media- Entertainment and
Financial Services both rose by 3.89 per cent. Other sectors like
Fertilisers, Media, Textiles and Apparel, Infra- Construction
Engineering and Materials, Diversified, Financial Services- NBFC, FMCG-
Packaging are some of the sectors among others that rose between 3 to 4
per cent.
Nifty Top Gainers Today
Nifty Top Losers Today
On the BSE front we saw a rally of almost 400 points in the Sensex.
Signs
of recovery have been noticed in almost all sectors. This gave a relief
to the investors. The heavy correction of last week provided them with a
great buying opportunity too.
Some
stock that made 52 week high in today’s trading session are Asahi
Songwon share price of Rs 260.80, BPCL share price of Rs 630.50, Blue
Star share price of Rs 579.50 among the many.
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