Indian Equities end Thursday on a cheerful note - Microsec

Indian equities settled on a cheerful note on Thursday after the newly appointed RBI Governor Raghuram Rajan has announced slew of reforms on Wednesday that helped to boost sentiments in the markets. Banking, realty and PSU were leading the sectoral space.

Nifty closed at 5592.95 up by 144.85 points or 2.66% over the previous day closing of 5448.10 after witnessing a low of 5552.70 and a high of 5625.75. Sensex closed at 18979.76 up by 412.21 points or 2.22% over the previous day closing of 18567.55.It touched an intraday low of 18847.02 and high of 19117.52.

The markets’ breadth was positive. Out of 2474 stocks traded 1487 stocks advanced, 849 stocks declined and 138 stocks remained unchanged. In Sensex, Out of 30 stocks 18 stocks advanced and 12 stocks declined.

Among the sectors, BSE Bankex, BSE Realty and BSE Consumer Durables were the main gainers of the day which increased by 9.30%, 5.41% and 4.54% respectively.

In BSE Bankex Yes Bank, Axis Bank, and Federal Bank increased by 21.55%,15.63% and 12.38% respectively. In BSE Realty sector HDIL, Sobha Devp and DLF advanced by 9.69% 9.17% and 8.89% respectively. In BSE Consumer durables sector Titan Inds, Rajesh exports and TTK prestige increased by 7.13% 2.86% and 2.02% respectively.

Source : Equity Bulls

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