Sensex up 77 points, Nifty ends above 7950 points
Sensex up 77 points, Nifty ends above 7950 points
Bharat Iyer, JPMorgan says with Indian equities rallying sharply over the last six months, the brokerage re-visit market valuations based on a range of parameters.

Mumbai: Equity benchmarks ended at new closing high on Thursday. The Sensex rose 77.96 points to 26638.11 led by capital goods, FMCG, oil & gas and private banks. The Nifty closed above the 7950 on the expiry day for August derivative contracts, up 18.30 points at 7954.35.

The BSE Midcap index under-performed benchmarks, falling 0.3 per cent. About 1385 shares have advanced, 1546 shares declined, and 116 shares are unchanged.

BHEL topped the buying list, up 4 per cent followed by ITC, L&T, ICICI Bank, ONGC, Wipro, M&M, Dr Reddy's Labs and GAIL with 1-2 per cent.

What's your reaction?

Comments

https://umatno.info/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!