The equity market closed positive side, Sensex and Nifty ends above trends on Friday. The 30 share Sensex was ended 35.19 points or 0.16% up at 21809.80, it was touch a high levels of 21853.32 and touch a low of 21573.48.
The 50 share nifty was closed 11.10 points or 0.17% at 6504.20, it was touch a high of 6518.45 and touch a low of 6432.70.
Nifty top gainers:- DLF 3.95%, JP Associate 3.64%, BHEL 3.17% , NMDC 2.62%, LT 2.45%, Jindal steel 2.37%, Bank of baroda 2.26%, Tata steel 1.74%, Dr. Reddy’s 1.57%, Cipla 1.47%.
Nifty top losers:- Ranbaxy 3.18%, HCL Tech 2.89%, Wipro 2.85%, Axis bank 2.34%, Bharti Airtel 1.68%, HDFC bank 1.35%, HDFC 1.33%, Hindustan unilivr 1.31%, Kotak bank 0.99%, SSLT 0.93%.
Weekly market update:- The 30 share Sensex 109.99 points or 0.5 per cent during week close at 21809.80 after the hits high record at 22023.98.
This week nifty touched life high of 6562.85 before closing the week 22.45 points or 0.3% compared previous week’s closing.
In economic data, February CPI inflation dropped to 25 month low at 8.1 per cent. Which is close to RBI Comfort levels of 8 per cent. That the RBI may not hike rates policy rate at its next meeting on April 1.
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