Indices end higher on F&O expiry
Mumbai, May 27: On the last day of the F&O expiry for the May series, the benchmark indices ended on positive note. The 50-share NSE Nifty crossed the 4350 level during the day. It closed at 4337.10, up 1.43 per cent or 61.05 points over previous close. The 30-share BSE Sensex closed 186.37 points or 1.32 pc higher at 14,296.01.
NSE's
Nifty
posted
the
biggest
percentage
gain
ever.
Both
the
indices
surged
over
25
per
in
this
series.
The
shares
of
capital
goods,
metal,
banking,
oil
&
gas
exploration
and
select
power
companies
led
the
rally.
Good
results
from
L&T
and
M&M
were
also
supportive
for
the
markets.
04:55
PM
Sensex above 14K; M&M, L&T gain
The Sensex was up 170.74 points or 1.21pc at 14280.38, and the Nifty was up 57.90 points or 1.35 pc at 4333.95, at 13.40 hrs IST. The Indian markets are trading higher as a result of buying seen in the shares of capital goods, metals, technology, select banking and power stocks.
Top
gainers
on
the
Sensex
were
M&M,
L&T,
Bharti
Airtel,
Sterlite
Ind
and
Ranbaxy
Labs.
About
1823
shares
advanced,
1018
shares
declined,
and
288
shares
were
unchanged.
02:47
PM
Indices up; Market breadth +ve
The Sensex was up 195 points, to 14,305 and the Nifty rose 60 points, to 4,336, at 12:56 hours IST. The broader indices like BSE Midcap and Smallcap indices gained 0.7-0.9 per cent.
The indices are recouping, after the major private capital goods company L&T's fourth quarter numbers. Shares of capital goods, metal, oil & gas exploration, select financial, power and telecom companies were seeing buying interest. However, the markets were still seeing some selling pressure at higher levels, which aiding to volatility.
The
market
breadth
was
in
favour
of
advances;
about
1833
shares
advanced
while
994
shares
declined.
Nearly
302
shares
were
unchanged.
01:55
PM
Indices choppy ahead of F&O expiry
Indian benchmark indices opened marginally up on a positive note, but soon turned choppy ahead of F&O expiry on Thursday, May 28.
At 9:56 am, the Sensex was trading at 14,164, up 55 points and the Nifty was up 13 points, to 4,288. The CNX Midcap rose 0.65 pc, to 5,237 and the BSE Smallcap Index went up 1 pc, to 5,859.
The major gainers of the opening trade are M&M, Reliance Power, Bharti, DLF, Reliance Industries, ITC, Wipro, HCL Tech and Unitech. However ONGC, BPCL, Tata Communication and Idea were the losers.
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