Wednesday, 29 March 2017

Sensex Consolidates Ahead of F&O Expiry, Nifty Holds 9100

Banking stocks are in focus with the Nifty Bank index hitting a record high level. It just surpassed the earlier level of 21,336.
The rally on the index was helped by surge in State Bank of India, ICICI Bank and Axis Bank.

Equity benchmarks were in a consolidation mode ahead of expiry of March F&O series, with the Nifty just managing to hold on to 9100-mark.

The 30-share Sensex was up 72.10 points at 29481.62, while the Nifty was up 20.85 points at 9121.65. The market breadth was narrow as 1,275 shares advanced against a decline of 1,019 shares, while 168 shares were unchanged.


State Bank of India (SBI), Asian Paints, Bharti Infratel and Tata Power were top gainers on both the indices, while Mahindra and Mahindra and Adani Ports were top losers. For Any Information visit : www.paceresearchindia.com and Call : 8817774774

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