Tuesday, 30 August 2016

SENSEX ZOOMS 440 POINTS TO END AT FRESH 52-WEEK CLOSING HIGH

YESTERDAY’S DELTACORP HIT TGT 165 MADE HIGH OF 164.95!!!
The Sensex ended with a gain of 440 points at 28,343. The Sensex opened at 28,102 touched an intra-day high of 28,478 and low of 28,011.The Nifty closed with a gain of 137 points at 8,744. The  Nifty opened at 8,647 hitting a high of 8,751 and low of 8,642. The Sensex provisionally settled above the psychological 28,000 mark after reclaiming that level in the opening trade. The Sensex hit its highest level in more than thirteen months in late trade. The Nifty hit its highest level in more than sixteen months in late trade. Benchmark stock indices surged in late trades to end at fresh 52-week closing highs, amid firm European cues, led by banks while IT majors witnessed renewed buying interest amid attractive valuations. Gujarat Mineral Development Corporation Ltd climbed 8.3% to Rs.98.15. The company reported a 56% growth in profit for the first quarter of financial year 2016-17. Ramky Infrastructure soared 4.5% to Rs.78.20 after winning NHAI contracts worth Rs.1,646 crore for developing two highway projects in Jharkhand.
GLOBAL MARKET:
On the global front, Asian stocks closed on a mixed note. The Shanghai Composite index and Hong Kong’s Hang Seng index closed higher. Nikkei 225 closed in red.In Europe, the FTSE 100 was trading up 0.31%. DAX and the CAC 40 were trading lower by 1% each.
TOP GAINERS:
Company
Group
Current Price
% Change
Visaka Indus.
B
184.75
+ 15.83
Ruby Mills
B
423.20
+ 14.97
I G Petrochemicals L
B
178.10
+ 11.42
JBM Auto
B
210.65
+ 10.00
India Glycols
B
111.60
+ 10.00
Rane Brake Lining Lt
B
725.25
+ 9.99
Store One Retail Ind
B
167.00
+ 9.98
TOP LOSERS:



Company
Group
Current Price
% Change
MBL Infrastructures
B
97.10
-7.92
Kesar Terminals & In
B
262.15
-5.07
Star Paper Mills
B
100.20
-4.98
TAAL Enterprises
B
235.55
-4.94
VRL Logistics Ltd.
A
288.05
-1.59

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