Anagram Says
It was yet another day of consolidation as the benchmark indices closed with marginal gains after a choppy session. Sensex closed at 17098, up 45 points while Nifty finished at 5116, up 14 points. Broader market continued to underperform the benchmark indices, as depicted by BSE Mid-cap and Small-cap indices that lost 0.1% and 0.2% respectively. European markets were trading marginally in the green and so was the case with US stock indices futures. Rupee touched 45.39 against the dollar in today’s trade, the strongest level since 11th January 2009.
Oil & Gas and FMCG indices gained the most among the BSE sectoral indices, putting on 0.9% and 0.8% respectively while Teck and IT indices were down the most, shedding 0.4% each. Hero Honda and IDFC surged 3.9% and 3.5% respectively, becoming the top gainers among the Nifty stocks, while Maruti and NTPC were the top losers, down 1.6% and 1.3% respectively. BSE advance-decline ratio stood at 1:1.4.