Nifty Ends in Green after a See-Saw Session; Dow Futures Down

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Nifty Ends in Green after a See-Saw Session; Dow Futures Down

By Aditya Raghunath

Investing.com -- After a volatile session, Nifty 50 and the BSE Sensex 30 ended in the green. Nifty closed up 0.13% and the Sensex at 0.28%.

Nifty has closed at 16,280. Market experts say that a strong close over 16,300 could see the next phase of the rally extending to 16,600 levels.

Bharti Airtel Ltd. (NS: BRTI ) led Nifty gains at 3.78%. Tech Mahindra Ltd (NS: TEML ) gained 2.76% while Housing Development Finance Corporation Ltd (NS: HDFC ) and Kotak Mahindra Bank Ltd. (NS: KTKM ) gained over 1.5% each.

Shree Cements Ltd. (NS: SHCM ) led the losers list with a drop of 4.05%, followed by JSW Steel Ltd (NS: JSTL ) at 3.59%. Tata Steel Ltd (NS: TISC ) lost 2.84% while Hindalco Industries Ltd. (NS: HALC ) and Power Grid Corporation of India Ltd (NS: PGRD ) lost over 2% each.

Reliance Industries Ltd (NS: RELI ) gained 0.38% today on news that it will invest $50 million in Ambri Inc, a US-based green energy company.

Hinduja Global Solutions Ltd (NS: HGSL ) hit its upper circuit limit after it announced a divestment of its healthcare business to Barings Private Equity Asia for $1.2 billion.

Asian markers closed mixed on COVID fears. Nikkei 225 and the Shanghai Composite closed up 0.24% and 1.01% respectively while KOSPI 50 closed down 0.53%.

US stocks are set to open largely unchanged, with investors still digesting the ongoing corporate earnings season. As of this report, Dow Jones 30 Futures and S&P 500 Futures were down less than 0.1% each while Nasdaq 100 Futures were up less than 0.1%.

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  • Vinayak Rayabagi @Vinayak Rayabagi
    do sips continue in these see saw session. whether you choose quality stocks or do any growth oriented direct mutual funds are the best way to be continued for longer periods of time.
    Like 0
  • satyabrata nayak @satyabrata nayak
    market is now in strong resistance, keep book profit
    Like 1
  • Praveen Kumar Mukriyantavita @Praveen Kumar Mukriyantavita
    today only nifty 50 index was moving, rest all sectors was collapsing.
    Like 0
  • satyabrata nayak @satyabrata nayak
    mkt will crash
    Like 3

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