Nifty posts record closing, zooms 64 points

The NSE 50-share Nifty ended at a record closing on the first trading day of the new fiscal, lifted by buying in index heavyweights of infra, energy, financials and realty counters.
Sentiments supported by sharp rise in PMI numbers as the Nikkei India Manufacturing PMI which rose to five-month high of 52.5 in March, from 50.7 in February, indicating expanding manufacturing sector.
Markets opens on a positive note and gradually moved higher, while marking fresh life time highs 9,245.35 before closing near days high.
The NSE 50-share Nifty opened higher at 9,220.60 and moved in a range of 9,245.35 and 9,192.40 before finishing at 9,237.86, a new record closing highs, showing a gain of 64.10 points or 0.70 per cent.

Counterwise, Nifty realty surged by 1.93 per cent, followed by infra by 1.64 per cent, energy 1.47 per cent, financials 1.05 per cent, pharma 0.89 per cent and private banks 0.80 per cent.
While the broader smallcap gained by 1.25 per cent and midcap rose 0.79 per cent, respectively.

A total of 1,273 shares ended with gains while 421 finished with losses while 68 ruled steady.
Major Nifty gainers were L&T 5.47 pct, Dr Reddys 4.26 pct, Reliance 4.07 pct, ICICI Bank 3.56 pct and HDFC 2.10 pct.
However, Bharti Airtel fell by 2.36 pct, BPCL 1.76 pct, Wipro 1.67 pct, IOC 1.52 pct and Indusind Bank 1.52 pct.

Turnover in the cash segment fell to Rs 22,072.93 crore to Rs 26,789.18 crore yesterday.
A total of 12,064.45 lakh shares changed hands in 7,944,233 trades. The market capitalisation of listed firms stood at Rs 12,054,450 crore.