The market ended in the green on Thursday after flip-flopping between positive and negative terrain through the day. The positive opening on European bourses helped boost sentiment in the last hour of trade.
After a firm opening, the market lost steam after the annual rate of inflation fell by as much as 200 basis points to a historic low of 0.44 percent for the week ended March 7 against 2.43 percent for the week before.
Bombay Stock Exchange’s Sensex settled at 8,995.89, up 19.21 points or 0.21 per cent. The index swung in a 100-point band through the day. Justify Full
National Stock Exchange’s Nifty rose 0.34 per cent or 9.4 points to 2804.10. The index moved in a range of 2822.25 and 2771.35.
BSE Midcap Index ended 0.45 per cent higher and BSE Smallcap Index was up 1.08 per cent.
Larsen & Toubro (-4.14%), BHEL (-3.15%), Tata Motors (-2.75%), Reliance Communications (-2.03%) and Mahindra & Mahindra (-1.8%) remained under pressure.
Sterlite Industries (4.18%), HDFC (2.53%), Tata Consultancy Services (1.62%), Maruti Suzuki (1.7%) and Sun Pharmaceuticals (2.33%) posted modest gains.
Market breadth on BSE showed 1358 advances against 1102 declines
Source: economictimes.indiatimes.com
After a firm opening, the market lost steam after the annual rate of inflation fell by as much as 200 basis points to a historic low of 0.44 percent for the week ended March 7 against 2.43 percent for the week before.
Bombay Stock Exchange’s Sensex settled at 8,995.89, up 19.21 points or 0.21 per cent. The index swung in a 100-point band through the day. Justify Full
National Stock Exchange’s Nifty rose 0.34 per cent or 9.4 points to 2804.10. The index moved in a range of 2822.25 and 2771.35.
BSE Midcap Index ended 0.45 per cent higher and BSE Smallcap Index was up 1.08 per cent.
Larsen & Toubro (-4.14%), BHEL (-3.15%), Tata Motors (-2.75%), Reliance Communications (-2.03%) and Mahindra & Mahindra (-1.8%) remained under pressure.
Sterlite Industries (4.18%), HDFC (2.53%), Tata Consultancy Services (1.62%), Maruti Suzuki (1.7%) and Sun Pharmaceuticals (2.33%) posted modest gains.
Market breadth on BSE showed 1358 advances against 1102 declines
Source: economictimes.indiatimes.com
