The markets closed the day with modest gain amid mild volatility, after showing strong recovery from day's low in second half of session, which is in line with Asian markets. Oil & gas, metal, capital goods and auto stocks were the movers while banking and pharma stocks draggers. Market breadth remained positive for major part of the day. The Sensex recovered nearly 200 points and the Nifty 70 points from day's low. The Sensex remained above 17000 and Nifty above 5000 mark.
Markets was opened on a weak note and traded in red for first half of session due to weakness in Asian and US markets. But strong buying in oil & gas and metal stocks and good European cues have helped the markets in latter part of the day to show recovery.
The Sensex has touched an intraday high of 17,293.34 and low of 17,041.63 before ending the day at 17,243.16, up 12.98 points or 0.08%. The Nifty has hit a high/low of 5135.55 and 5048.70, which closed at 5117.65, up 12.7 points or 0.25%.
Market breadth was positive; about 1806 shares have advanced, 1111 shares declined, and 185 shares remained unchanged.
Top gainers on the bourses were Tata Steel, M&M, Reliance, BHEL, Nalco, Reliance Petro and Dr Reddy's Labs while losers - HDFC Bank, HDFC, Hindustan Unilever, NTPC, Suzlon Energy and Sun Pharma.
Markets was opened on a weak note and traded in red for first half of session due to weakness in Asian and US markets. But strong buying in oil & gas and metal stocks and good European cues have helped the markets in latter part of the day to show recovery.
The Sensex has touched an intraday high of 17,293.34 and low of 17,041.63 before ending the day at 17,243.16, up 12.98 points or 0.08%. The Nifty has hit a high/low of 5135.55 and 5048.70, which closed at 5117.65, up 12.7 points or 0.25%.
Market breadth was positive; about 1806 shares have advanced, 1111 shares declined, and 185 shares remained unchanged.
Top gainers on the bourses were Tata Steel, M&M, Reliance, BHEL, Nalco, Reliance Petro and Dr Reddy's Labs while losers - HDFC Bank, HDFC, Hindustan Unilever, NTPC, Suzlon Energy and Sun Pharma.
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