Nifty closes at 5000; Sun Pharma,ONGC up
MUMBAI: Equities ended on a positive note Tuesday taking cues from the positive Asian markets. The upmove was supported by IT, oil&gas and pharma stocks.
National Stock Exchange’s Nifty closed at 5001.25, up 42.30 points or 0.85 per cent. The broader index touched a high of 5020.25 and low of 4959.10.
Bombay Stock Exchange’s Sensex ended at 16833.98, up 140.98 points or 0.84 per cent. The 30-share index hit a high of 16907.84 and low of 16802.80.
BSE Midcap Index moved 0.41 per cent higher and BSE Smallcap Index gained 0.70 per cent.
Amongst the sectoral indices, BSE IT Index advanced 2.21 per cent, BSE Oil&gas Index jumped 1.50 per cent and BSE Healthcare Index gained 1.37 per cent.
Biggest Nifty gainers were Sun Pharmaceuticals (5.53%), Cipla (4.73%), TCS (3.86%), ONGC (3.26%) and ICICI Bank (2.74%).
Losers were BPCL (-2.46%), Ranbaxy Laboratories (-2.46%), Jindal Steel (-2.39%), Unitech (-2.19%) and State Bank of India (-2%).
Market breadth was extremely strong with 1621 advances against 1145 declines.
