Nifty snaps three-day losing streak, up 56 pts

Benchmark Nifty snapped its three-day slide today to end 56 points higher despite mixed global cues as investors focused on quarterly earnings season.
Sectoral indices such as banking, financial service, FMCG and technology outperformed other sectors. Metal, media and energy counters ended in the red.
European and Asian stocks were mixed as rising tensions in the Middle East and political uncertainty in Europe kept investors on the edge.
The NSE 50-share Nifty opened marginally higher at 9,184.55 and hovered in a range of 9,242.70 and 9,172.85 before ending at 9,237, registering a rise of 55.55 points, or 0.61 per cent. It witnessed an intra-day movement of 69.85 points.

Nifty mid-cap and small-cap indices achieved fresh all-time highs by gaining 1.30 per cent and 0.99 per cent, respectively.
Looking at the sector-wise performance, banking and financial stocks outperformed other sectors.

Nifty PSU Bank was up by 2.08 per cent, FMCG 1.66 per cent, realty 1.23 per cent, financial services 1.11 per cent, bank 1.00 per cent and private bank 0.99 per cent.
The major Nifty gainers were ITC (3.11 per cent), ICICI Bank (2.16 per cent), Bank Of Baroda (2.10 per cent), Power Grid (1.97 per cent) and L&T (1.84 per cent).
However, Adani Ports fell by 5.21 per cent, Zee 2.40 per cent, Tata Power 1.84 per cent, Cipla 1.63 per cent and Tata Steel 1.46 per cent.

A total of 1,032 shares advanced, 647 ended lower, while 83 ruled steady. Total securities that hit their price bands were 121.
Turnover in the cash segment rose to Rs 26,594.05 crore from Rs 23,570.11 crore yesterday.
A total of 15,042.09 lakh shares changed hands in 9,571,433 trades. The market capitalisation of listed of firms stood at Rs 12,208,061.64 crore.