Nifty ends above 10,150, up 38 points

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Press Trust of India Mumbai
Last Updated : Oct 23 2017 | 6:13 PM IST
The NSE Nifty ended with a modest gain of 38 points following an emergence of buying, mainly in energy, infra, PSU banks, realty and metal sectors amid firm global cues.
Overseas, European stocks rose as investors monitored fresh corporate earnings and awaited further developments of Spain's ongoing constitutional crisis.
Most Asian stocks gained, led by Japanese stocks as the dollar spiked to more than three-month highs against the yen following a snap election in Japan on Sunday.
The Nifty opened higher at 10,176.65 and moved in a range of 10,224.15 and 10,124.50 before ending at 10,184.85, showing a rise of 38.30 points, or 0.38 per cent, from its last close.
It saw an intra-day movement of about 99.65 points.
On the sectoral front, energy rose by 1.79 per cent, Infra 1.14 per cent, PSU banks 1.28 per cent, IT 0.98 per cent, realty 0.94 per cent, metal 0.61 per cent and bank 0.33 per cent.
However, FMCG, pharma and financial service fell by 0.63 per cent, 0.53 per cent and 0.05 per cent, respectively.
The Nifty Midcap and the Small Cap index outperformed the broader indices today with gains of 0.29 per cent and 0.17 per cent, respectively.
Major index gainers were Bharti Airtel, Ultra Cement Co, RIL, Ambuja Cements and ICICI Bank.
Lossers were Cipla, InfraTel, Axis Bank, UPL and Indiabulls Housing Finance.
The market breadth, indicating the overall health of the market, was in favour of declines. On the NSE, 923 stocks declined 830 advanced and 62 stocks remained unchanged.
Total securities that hit their price bands were 150.
Turnover in the cash segment fell to Rs 29,180.67 crore from Rs 30,596.25 crore last Wednesday.
A total of 13,566.49 lakh shares changed hands in 10,809,900 trades. The market capitalisation of listed firms on the NSE stood at Rs 1,37,88,005 crore.

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First Published: Oct 23 2017 | 6:13 PM IST

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