Nifty at all-time high of 9,173, up 30 pts

Image
Press Trust of India Mumbai
Last Updated : Mar 30 2017 | 6:23 PM IST
NSE Nifty zoomed to an all-time high of 9,173, gaining 30 points amid short-covering in view of March month F&O expiry as also the passing of GST bills.
The four key GST legislations were successfully passed yesterday in the Lok Sabha after a host of amendments moved by the Opposition.
Anupam Singhi, COO of William O'Neil India said, "Benchmark indices continued their positive run for the third straight session, today."
The Nifty midcap and smallcap indices soared higher by 0.33 per cent and 0.98 per cent, respectively.
On the sector front, Nifty realty and bank indices pocketed gains above 1 per cent, while pvt banks, PSU banks, and financial services indices extended their gains from previous sessions.
On the negative end, Nifty metal, pharma and IT indices declined slightly to restrict overall market movement.
A total of 1,076 scrips advanced, 556 declined, while 74 remained unchanged.
Major gainers from the 50-share NSE pack were Adani Ports 5.70 per cent. HDFC Bank 2.63 per cent, Eicher Motors 2.40 per cent, Bharti Airtel 1.84 per cent and Indusund 1.72 per cent.
However, IDEA fell by 2.08 per cent, BHEL 2.03 per cent, ONGC 1.63 per cent, Coal India 1.56 per cent and Tata Steel 1.42 per cent.
Turnover in the cash segment rose to Rs 42,229.30 from Rs 31,914.95 crore yesterday.
A total of 19,801.89 lakh shares changed hands in 9,835,611 trades. The market capitalisation of listed firms stood at Rs 11,928,105 crore.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 30 2017 | 6:23 PM IST

Next Story