Monday, 29 May 2017
Stock Market Closing Updates By TradeIndia Research - 29 May 2017
Nifty Above 9600 For First Time, Sensex At Record Closing High; Midcap Loses
Equity Benchmarks Managed To End At New Record Closing Highs After Volatility On Monday But The Broader Markets Underperformed Throughout Session. HDFC Group, FMCG, Select Auto Stocks And Reliance Helped The Nifty Close Above Psychological 9,600-Mark For The First Time But The Correction In Select Banks, Technology Stocks And Sun Pharma Limited Gains.
The 30-Share BSE Sensex Rose 81.07 Points To 31,109.28 And The 50-Share NSE Nifty Gained 9.80 Points At 9,604.90.
The Broader Markets Underperformed Benchmarks On Weak Breadth And Sharp Correction In Anil Ambani & Adani Groups Stocks. The BSE Midcap Index Lost 1 Percent And Smallcap Shed 1.5 Percent As More Than Two Shares Declined For Every Share Rising On The Exchange.
Sensex Up +81.07 @ 31109.28
Nifty Future Up +33.30 @ 9609.10
Bank Nifty Future Down -126.00 @ 23130.95
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