Last Hour Buying Gained D-street
Feb 21, 2017 | 18:31 PM IST
Feb 21, 2017 | 18:31 PM IST
Market Walk 21st February, 2017:
Volatile market ended on positive after last hour buying.
Sensex gained 100.01 points to 28761.59
Nifty gained 28.65 points to 8907.85
Axis Bank gained 5.34% to 506.75
Top Gainers:
Aurobindo Pharma by 2.24% to 684.4, Tech Mahindra by 1.67% to 508.3, Asian Paints by 1.58% to 991.2, HDFC by 1.41% to 1413.0.
Top Losers:
Infratel lost 4.26% to 295.6. Bharti Infratel by 3.86% to 360.85, Tata Power by 1.64% to 83.95, TCS by 1.63% to 2461.5, ITC by 1.18% to 262.9.
The rally also has an impact on other banks - ICICI Bank surged 1 percent. HDFC Bank was up 0.4 percent and SBI gained 0.5 percent while HDFC rose 1.06 percent. After Reliance Industries Chairman and Managing Director, Mukesh Ambani announced Reliance Jio's tariff plans, Reliance Industries gained 1.4 percent. The company aims to cover 99 percent population by the end of 2017. Reliance Jio will start offering tariff plans with effect from April 1. In the wake of this development, its peers Bharti Airtel and Idea Cellular were down 3.4 percent and 0.4 percent, respectively.
Stocks to Watch:
HDFC is on up side while ITC is on down side.
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