Nifty closes above 9,100-mark, up 69 points

Image
Press Trust of India Mumbai
Last Updated : Mar 16 2017 | 6:14 PM IST
Benchmark Nifty ended at a record 9,153.70 today, up 69 points, after the US Federal Reserve delivered a widely-expected rate hike.
Fresh buying was seen in metal, infra, PSU Bank, realty and IT counters on the back of strong foreign capital inflows and higher global cues.
Overseas, European stocks gained after the US Fed raised rates and Dutch centre-right Prime Minister Mark Rutte won the elections. Asian stocks edged higher tracking overnight gains on the Wall Street.
The NSE 50-share Nifty index opened higher at 9,129.65 and hovered between 9,158.45 and 9,128.55 before closing at 9,153.70, a rise of 68.90 points, or 0.76 per cent. It saw an intra-day movement of about 29.90 points.
Sector-wise, Metal rose 2.92 per cent, Infra 1.38 per cent, Realty 1.25 per cent, PSU Bank 1.10 per cent, IT 1.17 per cent, Auto 0.69 per cent, Finance Service 0.66 per cent, Pharma 0.56 per cent and Energy 0.48 per cent.
Major index gainers were Adani Ports (4.96 per cent), Tata Steel (4.30 per cent), Hindalco (4.30 per cent), Tata Motors Dvr (2.23 per cent) and Asian Paints (2.21 per cent).
Notable losers were HeroMotoCo (1.56 per cent), Bharti Airtel (0.70 per cent), Reliance (0.56 per cent), Coal India (0.26 per cent) and ICICI Bank (0.23 per cent).
A total of 1,157 scrips advanced, 501 declined, while 87 remained unchanged. Total securities that hit their price bands were 118.
Turnover in the cash segment fell to Rs 24,578.69 crore from Rs 24,615.85 crore yesterday.
A total of 13,559.34 lakh shares changed hands in 9,194,777 trades. The market capitalisation of NSE stood at Rs 11,823,832.12 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 16 2017 | 6:14 PM IST

Next Story