Nifty makes history, closes above 10,000-mark

Image
Press Trust of India Mumbai
Last Updated : Jul 26 2017 | 7:08 PM IST
Benchmark Nifty ended above the 10,000-level for the first time today, propelled by a rally in metal, pharma, private bank, auto and energy counters amid positive global cues.
Overseas, European stocks edged higher helped by gains in the energy sector due to a rally in oil prices, while investors awaited the Federal Reserve's policy decision.
Most Asian stocks edged higher tracking gains on Wall Street overnight. US equities closed higher yesterday, after a slew of major companies reported better-than-expected quarterly results.
The Nifty opened higher at 9,983.65 and moved up further to a record high of 10,025.95 before finishing at 10,020.65, showing a gain of 56.10 points, or 0.56 percent.
It saw an intra-day movement of about 60 points.
Sector-wise, Metal rose 1.73 per cent, followed by Pharma (1.07 per cent), Private Bank (0.84 per cent), Energy (0.79 per cent), FMCG (0.67 per cent), Auto (0.65 per cent), Bank (0.61 per cent), Realty (0.53 per cent) and Infra (0.31 per cent).
Losers included Media (0.64 per cent), PSU Bank (0.47 per cent) and IT (0.25 per cent).
Major index gainers were Yes Bank, IndusInd Bank, Tata Steel, Vedanta, Sun Pharma, Eicher Motors, ICICI Bank, NTPC and M&M.
Index losers included Axis Bank, Zee, Ambuja Cement, Asian Paints, ACC, Bank Of Baroda, HCL Tech, Ultratech Cement and TCS.
The Nifty midcap and smallcap indices climbed 0.28 per cent and 0.48 per cent, respectively.
A total of 848 scrips advanced, 842 declined, while 66 remained unchanged, reflecting a positive undertone in the market.
Total securities that hit their price bands were 144.
Turnover in the cash segment fell to Rs 29,074.76 crore from Rs 25,650.96 crore yesterday.
A total of 21,221.72 lakh shares changed hands in 9,285,298 trades. The market capitalisation of listed firms on the NSE stood at Rs 1,30,99,602.21 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: Jul 26 2017 | 7:08 PM IST

Next Story