Friday, 6 May 2016

Stock Market Trend: Nifty ends above 7700


3:30 pm Market shutting: After an unstable day, the stock market has finished down 33.71 focuses at 25228.50 and the Nifty slipped 2.05 focuses at 7733.45. GAIL, BHEL, SBI, Hindalco and Tata Motors were top gainers while Adani Ports, Dr Reddy's, Wipro, ONGC and HDFC Bank are major losers in the sensex.

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In the mean time, Gold was set to post its greatest week by week decrease in six weeks as the US dollar firmed in front of the U.S. non-ranch payrolls report that could give pieces of information about the Federal Reserve's monetary policy.

For the week, gold was set for a 1.2 percent decay, its greatest week after week drop following the week finished March 25.

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