Monday 21 August 2017

NIFTY ABOVE 9800 IN OPENING ,SENSEX SOARS OVER 150 PTS | TODAY STOCK MARKET REPORT 22 AUG 2017.


STOCK MARKET NEWS UPDATE

Equity benchmarks started off Tuesday's trade on a strong note, with the Nifty reclaiming 9,800 level, supported by broad based buying.

The 30-share BSE Sensex was up 173.60 points at 31,432.45 and the 50-share NSE Nifty rose 56.45 points to 9,810.80.

About two shares advanced for every share falling on the BSE.

Infosys rebounded 1 percent after 15 percent correction in previous two consecutive sessions.

Hindalco, Vedanta, Dr Reddy's Labs, IOC, Tata Steel, Tata Motors, Coal India, ICICI Bank, Axis Bank, GAIL, Tech Mahindra, Aurobindo Pharma and Bank of Baroda gained up to 2 percent.

TCS and UltraTech Cement were under pressure.

Among midcaps, Reliance Capital, Capital First, PNB Housing Finance, LIC Housing Finance, Jaiprakash Associates, Repco Home, Indo Count, Chennai Petroleum, Manappuram, Reliance Defence, BEML, V-Guard, HCL Infosystems and Bhushan Steel rallied up to 16 percent.

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