Expiry Week Started On Positive Note
Jan 23, 2017 | 18:42 PM IST
Jan 23, 2017 | 18:42 PM IST
Market Walk 23th January, 2016:
Trump added worries for IT and Pharma stocks.
The Sensex gained 82.84 points to 27117.34
Nifty gained 42.15 points to 8391.50
Hindalco Ltd gained 6.06% to 182.05
Top Gainers:
Zeel by 3.61% to 484.0, Idea Cellular by 2.8% to 73.5, Grasim by 2.41% to 884.1, HCL Tech by 2.38% to 858.75.
Top Losers:
ICICI Bank lost 2.32% to 257.35. Infratel by 1.57% to 347.65, L&T by 1.54% to 1393.0, Axis bank by 1.28% to 445.0, Sun Pharma by 1.18% to 633.95.
Metals stocks hogged limelight on hopes of rising global demand. The Nifty Metal index gained nearly 3% as Hindalco Industries was up 6% and Tata Steel rose 1.55%. Lupin gained 1.2% as the pharma major has received final approval for its Paroxetin extended release tablets that are used for the treatment of major depressive disorder, panic disorder, social anxiety disorder and premenstrual dysphoric disorder. Markets in Europe were lower today after US President Donald Trump took office and promised to pursue a protectionist policy. France's CAC, Germany's DAX and Britain's FTSE were up around 0.4% at the time of writing this article. Asia ended mixed.
Stocks to Watch: Uflex Ltd is on up side while Axis Bank Ltd is on down side.
At Niveza India Pvt Ltd., we all come to work everyday to take the challenges of stock market head on and to change people's perception that stock market investment is like a gamble. Over the years, we have built our profile as a company which has brought optimum value to our subscribers through our well-researched stock recommendations.... More>>
Disclaimer: Niveza does not guarantee the accuracy or completeness of information on the site, nor does Niveza assume any liability for any loss that may result from reliance upon any such information or recommendations. Information and recommendations on the site are for general information only. Nothing contained herein is an offer to sell nor solicitation to buy any securities.