Nifty gains for the eighth day, ends up 28 points

The NSE Nifty extended gains for eighth consequtive session by rising 28.45 points on buying in metal and infra counters to close at 8,381.55 ahead of expiry of monthly derivative contract on Thursday.
Investor sentiment were bullish, buoyed by prospect of good monsoon and firm global cues on expectation of Greek bail-out deal this week.
The FII turnaround from seller to buyers also supported the sentiment.
The market mostly witnessed range-bound momentum and briefly succumbed to hectic profit-taking at higher level during late morning deals, before trading positive and taking the index closer to 8,400-level at 8,398.45 during intra-day trade amid volatility.

Good buying was seen in Metal, Infra and PSU bank counters as well as shares from midcap and smallcap companies, while IT segments incurred profit-booking.
Globally, Asian markets ended higher and European stocks rallied on optimism over Greece striking a deal with its international creditors to avert default.

The 50-share barometer opened higher at 8,377.45 and hovered between 8,398.45 and 8,334.95 before closing at 8,381.55, showing a gain of 28.45 points, or 0.34 per cent, over its previous close.
Stockwise, top five gainers were Coal India (3.93 per cent), PNB (3.73 per cent), UltracemCo (3.28 per cent), Cipla (2.75 per cent) and Bank of Baroda (2.66 per cent).

While, notable losers were HeroMotoco (2.48 per cent) Infy (2.29 per cent), Lupin (1.94 per cent) and PowerGrid (1.34 per cent).
Turnover in the cash segment rose to Rs 14,332.75 crore from Rs 14,217.69 crore yesterday.
A total of 7,827.52 lakh shares changed hands in 70,35,605 trades and the total market capitalisation of NSE stood at Rs 98,77,190 crore.