Mumbai, Jan 29 (PTI) The NSE benchmark Nifty jumped 60.75 Also Read - Centre Lifts Embargo on Grant of Govt Businesses to Private Banks
points to end at record 11,130.40 after the Economic Survey Also Read - NSE Resumes Trading After Suffering Technical Glitch. Check Latest Updates
tabled in Parliament today said real GDP growth will rise to Also Read - Stock Market News Today, 16 February 2021: Sensex Opens at New High, Nifty Tops 15,000; ONGC, Kotak Bank Among Big Gainers
7-7.5 per cent in 2018-19.
Buying momentum was seen mainly in auto, IT, finance
service and media sectors.
However, fall in PSU bank, pharma, energy and FMCG stocks
capped the market’s rise.
Overseas, most European shares were trading lower as
investors monitored fresh economic data and corporate
earnings. Asian shares were mixed after several stocks gave up
gains from upbeat openings that tracked Friday’s rally on Wall
Street.
Broader market witnessed selling pressure, with the Nifty
Midcap and Smallcap index down by 0.85 per cent and 1.68 per
cent, respectively.
The Nifty 50 index rose 60.75 points or 0.55 percent to
close at 11,130.40, a record closing high.
It saw an intra-day movement of about 95.60 points.
On the sectoral front, Auto rose 1.48 per cent, IT 0.95
per cent, Finance Service 0.88 per cent, Media 0.67 per cent,
Bank 0.19 per cent and Private Bank 0.18 per cent.
However, PSU Bank dropped by 1.41 per cent, Pharma 1.10
per cent, Energy 0.58 per cent, FMCG 0.57 per cent and Realty
0.34 per cent.
Major index gainers were Maruti, Eicher Motors, HDFC,
Bharti InfraTel, UPL, Hero MotoCorp, IOC and Indiabulls
Housing Finance.
Losers were Dr Reddy’s, Lupin, GAIL, Bharti Airtel, HPCL,
BPCL, ITC, Axis Bank, Cipla and ONGC.
The market breadth, indicating its overall health, was in
favour of losers. On the NSE, 548 stocks advanced, 1,267
declined and 49 remained unchanged.
Total securities that hit their price bands were 201.
Turnover in the cash segment fell to Rs 35,515.69 crore
from Rs 45,562.13 crore as on last Thursday.
A total of 14,592.44 lakh shares changed hands in
12,173,442 trades. The market capitalisation of listed firms
on NSE stood at Rs 1,53,25,798.17 crore.
This is published unedited from the PTI feed.
