Friday, 11 September 2015

Nifty above 7,850: Morning Share Market updates

Sensex rallies 200 points, Nifty above 7,850; Elder Pharma jumps 17%, Amtek Auto 8% 

BSE benchmark Sensex opened nearly 200 points higher on Friday ahead of the July factory output numbers scheduled for release later in the day. The market bounced taking cues from gains in the US market, while most of the Asian markets traded mixed.

NSE barometer Nifty breached its crucial psychological mark of 7,800 and traded at 7,854, up 65 points, or 0.84 per cent.

Stocks such as Infosys, HDFC, SBI and Axis Bank were contributing most to the Sensex's rise. Overall, the market breadth remained positive, with 28 of the 30 Sensex stocks trading in the green.

Sensex stocks SBI, ONGC, M&M and Vedanta gained 1.96 per cent, 1.90 per cent, 1.74 per cent and 1.71 per cent, respectively. 
Top Gainers:
SBI (1.7%), ONGC (1.6%), M&M (1.6%), AXIS BANK (1.5%), VEDANTA (1.5%)

Top Losers:
TATA MOTORS (0.1%), ICICI BANK (0.1%), GAIL (0.1%) 

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