Wednesday, 31 May 2017

MARKETS SNAP FOUR-DAY LONG RALLY AHEAD OF GDP DATA

Sensex ended at 31,145, down 13 points, while  Nifty closed at 9,621, down 3 points. Indices snapped four-session long gaining streak to end lower on Wednesday after hitting record highs in intraday trade ahead of the gross domestic product (GDP) data for the March quarter due later in the day. Kamdhenu Limited closed higher by 6% at Rs 115.
GLOBAL MARKET:
World stocks are poised to end May up nearly 2%, marking the seventh straight monthly increase and the longest monthly winning streak in over a decade.MSCI's global equity index held steady, while European stocks edged down 0.1% in early trade following Wall Street's dip on Tuesday. Germany's DAX was flat and sterling's weakness helped lift Britain's FTSE 100 by 0.2%.Asian shares drew some support from data that showed activity in China's manufacturing sector grew at the same pace in May as in April, although a sturdy performance from the Japanese yen helped push the Nikkei into the red.
TOP GAINERS:
Company
Group
Current Price
% Change
Sharda Motor Ind
B
2,144.90
+ 20.00
Jindal Poly Films
B
399.10
+ 15.11
Suprajit Enginee
B
291.60
+ 14.02
Goa Carbons
B
154.00
+ 12.86
TCI Ltd.
B
296.60
+ 12.60
Future Lifestyle
B
321.85
+ 12.36
Albert David Ltd
B
322.75
+ 11.50
TOP LOSERS:
Company
Group
Current Price
% Change
Aries Agro Ltd.
B
141.90
-11.20
Hubtown
B
121.50
-10.00
Intense Technologies
B
105.40
-9.99
Ponni Sugars (Erode)
B
185.20
-9.70
Ahluwalia Contra
B
350.20
-7.03
Asian Hotels (West)
B
190.00
-6.86

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