Business Standard

Nifty hits new closing peak; technical glitch affects trading

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Press Trust of India Mumbai
Benchmark Nifty closed at an all- time high of 9,771, surging 105 points buoyed by across-the- board buying, even as some technical glitches halted trading on the NSE for hours.

Overseas, most Asian markets closed in a positive territory after US jobs data beat forecasts.

European markets were trading higher, tracking gains in Asia and the US.

The NSE 50-share Nifty index opened higher at 9,719.30 and moved in a range of 9,782.15 and 9,646.45 before ending at 9,771.05, rose by 105.25 points, or 1.09 per cent.

Nifty touched its life-time high of 9,782.15.

It saw an intra-day movement of about 135.67 points.
 

Sector-wise, PSU Bank rose by 2.79 per cent, followed by IT (2.70 per cent), Infra (1.77 per cent), Pharma (1.65 per cent), Metal (1.37 per cent), Bank (0.96 per cent), Pvt Bank (0.75 per cent), Realty (0.73 per cent) Finance Service (0.71 per cent), Energy 0.62 per cent and Auto (0.62 per cent).

Favourable trend was observed in broader markets, as the Nifty Mid-cap and Small-cap indices rose by 0.85 per cent and 0.74 per cent, respectively.

Major index gainers were BhartiAirtel 5.13 per cent, TCS 4.42 per cent, Wipro 4.09 per cent, Bank of Baroda 3.77 per cent, Coal India 3.07 per cent and Lupin 2.72 per cent.

However, M&M eased by 0.63 per cent, Zeel 0.32 per cent, ITC 0.30 per cent, HUL 0.13 per cent and Maruti 0.03 per cent.

A total of 939 scrips advanced, 615 declined, while 413 remained unchanged.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Jul 10 2017 | 7:57 PM IST

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