Nifty ends above at 8,800 up 35 points in late buying

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Press Trust of India Mumbai
Last Updated : Sep 02 2016 | 6:13 PM IST
Nifty ended above the psychological 8,800-mark, up 35 points, at 8,809.65 on renewed buying of mainly bank, auto, pharma,and FMCG stocks amid higher global cues as investors eagerly waited for the US jobs data today.
In overseas markets, European stocks edged higher and Asian stocks ended mixed ahead of the influential US non-farm payrolls data, which will be released later in the global day today. US stocks finished mostly higher yesterday.
The 50-share Nifty opened higher at 8,796.35 and hovered between 8,824.10 and 8,768.20, before ending at 8,809.65, showing a rise of 35 points or 0.40 per cent from its last close. It witnessed an intra-day movement of about 55.90 points.
On sectoral front, PSU Bank rose by (1.37 per cent), Auto (1.14 pct), Pharma (0.80 pct), Realty (0.77 pct), Infra (0.77 pct), Banks (0.48 pct), Pvt Bank (0.39 pct) and FMCG (0.32 per cent)
Notable Index gainers were Adaniports (3.67 per cent), Bank Of Baroda (3.16 per cent), BhartiAirtel (2.59 per cent), TataMtrDvr (2.21 per cent), Maruti (1.97 per cent), Yes Bank (1.92 pct), SunPharma (1.49 pct) and Tata Motors (1.08 pct).
While, laggards included Coal India (1.69 percent), Reliance (1.54 per cent), ACC (1.07 per cent), Infosys (0.55 per cent) and Hul (0.55 per cent).
A total of 892 scrips advanced, 688 declined, while 86 remained unchanged. Total securities that hit their price bands were 103.
Turnover in cash segment fell by Rs 19,340.22 crore from Rs 20,927.37 crore as on Thursday.
A total of 9,814.77 lakh shares changed hands in 75,66,603 trades. The market capitalisation of NSE stood at Rs 1,09,16,830.5 crore.

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First Published: Sep 02 2016 | 6:13 PM IST

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