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Positive Global Cues lift Indian Equity Markets

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up by 73.20 points or 0.92 per cent to 8,002.30 points.

IANS

Updated:November 22, 2016, 4:24 PM IST
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Positive Global Cues lift Indian Equity Markets
File photo of the Bombay Stock Exchange. (REUTERS)

Mumbai: Positive global cues, coupled with short covering and value buying, lifted the Indian equity markets on Tuesday.

Both the key indices provisionally closed the day's trade in the green, with healthy buying witnessed in automobile, metal and banking stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up by 73.20 points or 0.92 per cent to 8,002.30 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 25,928.16 points, provisionally closed at 25,960.78 points (at 3.30 p.m.) -- up 195.64 points or 0.76 per cent from the previous close at 25,765.14 points.

The Sensex touched a high of 26,039.70 points and a low of 25,765.51 points during the intra-day trade.

The BSE market breadth was skewed in favour of the bulls -- with 1,477 advances and 1,081 declines.

On Monday, the equity markets had plunged to their lowest levels in the last six months with the benchmark Sensex receding below the 26,000-point mark and the NSE Nifty crashing below the 8,000 level.

The barometer index was down by 253.36 points or 0.97 per cent, while the NSE Nifty slipped by 99.45 points or 1.23 per cent.

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Jindal Steel 290.75 +27.00 +10.24
Reliance 983.25 +11.75 +1.21
Infosys 1,177.10 +27.10 +2.36
Axis Bank 620.10 +8.55 +1.40
Company Price Change %Gain
Zee Entertain 593.80 -15.35 -2.52
Power Grid Corp 196.00 +1.00 +0.51
Bharti Airtel 490.90 +1.20 +0.25
HDFC Bank 1,951.30 -12.50 -0.64
HDFC 1,881.75 +7.60 +0.41
Top Gainers
Company Price Change %Gain
Vedanta 343.50 +16.55 +5.06
Hindalco 264.95 +9.85 +3.86
SBI 318.10 +11.60 +3.78
Tata Steel 779.75 +27.55 +3.66
Cipla 622.35 +21.20 +3.53
Company Price Change %Gain
SBI 318.00 +11.75 +3.84
Tata Steel 780.05 +27.95 +3.72
ONGC 207.15 +7.20 +3.60
ICICI Bank 362.05 +10.75 +3.06
Coal India 293.00 +8.65 +3.04
Top Losers
Company Price Change %Gain
Ambuja Cements 262.70 -5.75 -2.14
Eicher Motors 27,071.25 -578.55 -2.09
Wipro 315.25 -6.30 -1.96
Zee Entertain 597.15 -11.70 -1.92
HPCL 395.90 -5.90 -1.47
Company Price Change %Gain
Wipro 315.10 -5.70 -1.78
Tata Motors 418.05 -3.50 -0.83
Asian Paints 1,167.70 -9.00 -0.76
HDFC Bank 1,951.30 -12.50 -0.64
Tata Motors (D) 238.15 -0.80 -0.33

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