Wednesday 2 March 2016

Nifty opens above 7400, Sensex rises 180 pts; Tata Motors leads --- 3 Mar 2016

The market extended rally on Thursday with the Sensex rising 183.31 points or 0.76 percent to 24426.29 and the Nifty climbing 52.40 points or 0.71 percent to 7421.25. 

                                       
Hindalco, Tata Motors, Tata Steel, SBI, HDFC, PNB and Vedanta rallied 1-2 percent while ICICI Bank and GAIL fell on profit booking.

The Indian rupee has climbed further as it opened with a gain of 14 paise on today at 67.40 per dollar. It closed at 67.54 in previous session. 

The 30-share index was trading at 24,436, up 193 points or 0.8 per cent. It touched a high of 24,456.93 and a low of 24,383.28 in morning trade. 

The Nifty50 was trading at 7420 up 54 points or 0.74 per cent. It touched a high of 7,429.95 and a low of 7,413.60 in the first 30 minutes of trade. 

The S&P BSE Midcap Index was up 0.28 per cent and BSE S&P Smallcap Index was trading 0.54 per cent higher. 

Infosys (up 2.6 per cent), Asian Paints (up 2.4 per cent), Tata Steel (up 2.3 per cent), Dr Reddy's (up 2.6 per cent), and HDFC (up 1.8 per cent), were the major Sensex gainers. 

GAIL India (down 1.9 per cent), ICICI Bank (down 0.8 per cent), and TCS (down 0.67 per cent) were the major Sensex gainers. 


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