Nifty crosses 7,700-level after 2-1/2 months, ends at 7704.25

The Nifty crossed 7,700-mark after 2-1/2 months and continued its upward march for the fourth consecutive day by surging 99.90 points to 7,704.25 on sustained buying amid persistent foreign capital inflows.
The 50-share barometer resumed higher at 7,619.20 and hovered in a range of 7,617.70 and 7,713.55 before ending above 7,700-level after 2-1/2 months at 7,704.25, showing a gain of 99.90 points or 1.31 per cent. It has gained by 243.65 points or 3.27 per cent in four days.
The Nifty had last ended at 7,741.00 on January 6, 2016.
Shares of Fast Moving consumer goods, Banking, Pharma and Auto firmed up on good buying enquiries.

989 shares firmed up, 595 declined while 86 ruled steady.
Foreign funds continued their buying spree as FPI/FII bought shares worth Rs 1,712.62 crs on last Friday as per the provisional figures issued by stock exchanges.

Major gainers were Ambuja cement (4.46 pct), Ultra Cem (3.82 pct), HUL (3.69 pct), Bosch (3.07 pct) and SBI (2.90 pct).
However, Asian paints fell by 1.79 pct and Lupin by 1.24 pct.
Turnover in cash segment fell to Rs 16,247.38 crore from Rs 18,911.93 crs on last Friday. A total of 7,848.26 lakh shares changed hands in 74,18,452 trades.
The market capitalisation of NSE stood at Rs 92,18,565 crore.