Monday 11 April 2016

Equity Market Closing Analysis Trend




Nifty settles above 7650-mark

The BSE Sensex ended with a gain of 348 points at 25,022. The BSE Sensex opened at 24,798 touched an intra-day high of 25,050 and low of 24,423.

The NSE Nifty closed with a gain of 116 points at 7,671. The NSE Nifty opened at 7,578 hitting a high of 7,679 and low of 7,517.

On the global front, China's Shanghai Composite index closed up 1.6% and Hang Seng up 0.34%.

In Europe, the FTSE 100 trading higher. On the other hand, DAX gained 0.95% and the CAC 40 up by 0.4%.

Bosch, Idea Cellular, Hindalco, Adani Ports, Bank of Baroda, BHEL and Tata Motors were among the gainers on NSE, whereas Lupin, Ambuja Cement, Dr.Reddy's, UltraTech Cement and Cipla were among the losers today.

Out of 1,810 stocks traded on the NSE, 632 declined and 919 advanced today.

A total of 25 stock registered a fresh 52-week high in trades today, whereas 14 stocks touched a new 52-week low on the NSE.

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