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Nifty recovers 122 pts, ends above 10,150-mark

Press Trust of India  |  Mumbai 

Benchmark staged a smart recovery and climbed by 122.60 points today, driven by across- the-board value buying despite bearish Asian cues.

Sharp fall in global prices yesterday also boosted investor sentiment.


Overseas, European were trading higher as tech stocks rebounded. Most Asian declined as US policy uncertainty kept sentiment in check.

The opened higher at 10,063.45 and moved in a range of 10,182.65 and 10,061.90, before ending at 10,166.70, up by 122.60 points, or 1.22 percent -- its highest closing since November 30, 2017.

It saw an intra-day movement of 120.75 points.

The mid-cap and small-cap indices climbed by 1.43 per cent and 1.44 per cent, respectively.

Sector-wise, Infra rose by 2.69 per cent, followed by Auto 1.95 per cent, Metal 1.82 per cent, Media 1.39 per cent, Energy 1.37 per cent, PSU 1.25 per cent, FMCG 0.88 per cent, Private 0.85 per cent, 0.83 per cent, IT 0.80 per cent, Service 0.78 per cent and Pharma 0.25 per cent.

Major index gainers were GAIL, Bharti Airtel, Tech Mahindra, UPL, Asian Paints, Maruti, Bharti InfraTel, Tata Steel and

Losers included Coal India, TCS, Wipro, Cipla, Sun Pharma, Dr Reddy's and IndusInd

The market breadth, indicating its overall health, was in favour of gainers. On the NSE, 1,273 advanced, 473 declined, while 60 remained unchanged.

Total securities that hit their price bands were 196.

Turnover in the cash segment rose to Rs 27,198.49 crore from Rs 25,481.20 crore as on Wednesday.

A total of 12,805.11 lakh changed hands in 99,19,432 trades. The market capitalisation of listed firms on the stood at Rs 1,43,06,806.25 crore.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 07 2017. 18:00 IST
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