Thursday, March 7, 2019

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Benchmark indices ended higher for the fourth consecutive day with Nifty closed around 11,050 level.The Sensex was up 89.32 points at 36725.42, while Nifty was up 5.20 points at 11058.20. About 1287 shares have advanced, 1349 shares declined, and 159 shares are unchanged. Benchmark indices ended marginally higher on Thursday led by gains in HDFC Bank, Larsen & Toubro (L&T), ITC, Axis Bank and RIL.Among sectoral indices,
the Nifty PSU Bank index ended 1.4 per cent higher with Punjab National Bank (PNB) and Bank of Baroda being the top gainers. The Nifty FMCG index, too, settled 0.6 per cent higher steered by ITC and Hindustan Unilever.In the broader market, the S&P BSE MidCap index ended 50 points, or 0.34 per cent lower at 14,816, while S&P BSE SmallCap index settled at 14,540, down 16 points, or 0.11 per cent. L&T, M&M, Axis Bank, ITC and Power Grid Corp were the top gainers on the Nifty, while losers include Wipro, IOC, Coal India, Zee Entertainment and Sun Pharma.Among the sectoral indices, IT, metal, auto and pharma witnessed selling pressure, while some buying was seen in the bank, FMCG and infra sectors.
VOLATILE STOCKS
 Larsen & Toubro gains 3% on winning multiple orders
Aavas Financiers surges 21% in four days after CARE upgrades credit rating
Astral Poly Technik hits new high of Rs 1,233; stock surges 6%
Reliance Capital claims stake sale to halve its debt by Rs 12,000 cr soon

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