Monday, 9 July 2018

MARKET SUMMARY OF 9 JUL 2018


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Benchmark indices ended higher on Monday with Nifty50 index settling above its crucial  10,850 levels, tracking gains in Asian peers after favourable US jobs data boosted risk appetite, with heavyweights Asian Paints and Reliance Industries (RIL) driving the indices higher.
The S&P 
BSE SenseX ended at 35,935, up 277 points while the broader Nifty50 index settled at 10,853, up 80 points.Among sectoral indices Nifty Bank, Nifty PSU Banks and Nifty Pvt Bank indices ended 1% higher each with Federal Bank, YES Bank, RBL Bank and Axis Bank as top gainers in the pack. Nifty Pharma and Nifty Metal indices also ended over 1% higher.
Asian Paints, YES Bank, Vedanta and RIL are some of the top gainers on the S&P BSE Sensex that moved up 2 per cent to 3 per cent. Meanwhile, TCS was the top loser on S&P BSE Sensex, ending over 1% lower ahead of its Q1FY19 results due on Tuesday.
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TOP GAINERS: RELINFRA,SRF.FEDERAL BANK
MAJORLOOSERS: CENTURY TEXTILE,ADANI POWER,APPOLLOHOSP


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