The Sensex and Nifty were trading flat as investors remained
wary ahead of key economic data — industrial production (IIP)
for December — to be released later today.
The 30-share BSE index Sensex was up 14.84 points or 0.05 per
cent at 28,344.54 and the 50-share NSE index Nifty was up
14.15 points or 0.16 per-cent at 8,792.55.
Among BSE sect oral indices, IT index was the star-performer
And was up 2.06 per cent, followed by TECk 1.56 per cent,
Capital goods 0.37 per cent and banking 0.27 per-cent. On the
Other hand, healthcare index fell the most by 0.97 per cent, oil
& gas 0.79 per cent, auto 0.53 per cent and PSU 0.48 per cent.
Top five Sensex gainers were TCS (+3.13%), Adani Ports
(+2.28%), Infosys (+2.09%), Tata Steel (+1.58%) and Coal India
(+0.93%), while the major losers were Lupin (-1.96%), Dr
Reddy’s (-1.64%), GAIL (-1.57%), Power Grid (-1.46%) and ITC (-
The BSE index has gained 0.4 per cent so far this week and the
NSE index has added 0.6 per cent, on hopes of an improving
Economy despite disappointment about the Reserve Bank of
India’s decision on Wednesday to keep the policy rate on hold
And the unexpected change in stance to neutral from
“Till the end of March we might see this sort of buying taking
Place and I don’t see any major correction in this period.”
With regard to global cues, a firm trend in other Asian bourses,
Tracking overnight gains in the US markets after President
Donald Trump promised to release a much-anticipated plan for
Tax cuts soon, boosted the trading momentum here.
EXCHANGE ADVANCE DECLINE UNCHG. T/O
NSE 658 814 48 22225.64
SCRIP R2 R1 PIVOT S1 S2
NIFTY 50 8875 8830 8810 8780 8740