Wednesday, 28 September 2016

Nifty hits 8800 on F&O expiry day, Sensex up over 100pts -- 29 Sep 2016

The market has opened higher on September Futures and Options (F&O) expiry, mainly supported by firm global cues. The Sensex is up 144.05 points or 0.5 percent at 28436.86, and the Nifty up 45.65 points or 0.5 percent at 8790.80. About 393 shares have advanced, 51 shares declined, and 36 shares are unchanged. 

Bajaj Auto, ONGC, Axis Bank, ICICI Bank and Maruti are top gainers in the Sensex.

The 30-share index was trading 153 points higher or 0.54 per cent at 28,446. It touched a high of 28,475.57 and a low of 28,422.49 in morning trade. 

The Nifty50 was trading at 8,792 up 47 points or 0.55 per cent. It touched a high of 8,800.65 and a low of 8,787.45 in the first 30 minutes of trade. 

The S&P BSE Midcap Index was up 0.61 per cent and BSE S&P Smallcap Index was trading 0.74 per cent up. 

ONGC (up 2 per cent), Bajaj Auto (up 1.07 per cent), Hero MotoCorp (up 1.07 per cent), Adani Ports (up 1.07 per cent), and RIL (up 1.01 per cent) were the major Sensex gainers. 

Bharti Airtel (down 0.74 per cent), Coal India (down 0.3 per cent) and Dr Reddy’s Laboratories (down 0.02 per cent) were the major Sensex losers. 

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