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MARKET ANALYSIS
The Nifty witnessed a sharp rally in the afternoon and closed 90 points
higher on the back of short coverings on the expiry day of June series. Oil
& gas, technology and healthcare stocks closed higher while FMCG space
ended on a subdued note.
The 50-share index closed at 5,682.35, up 93.65 points or 1.68 per cent. It
touched a high of 5,699.35 and a low of 5,630.95 in trade today.
The S&P BSE Sensex was 18,875.95, up 323.83 points or 1.75 per cent. It
touched a high of 18,925.75 and a low of 18,688.28 in trade today.
Cairn IndiaBSE 5.07 % (5.76 per cent), DLFBSE 4.48 % (5.19 per cent),
UltraTech Cement (4.69 per cent), ONGCBSE 4.14 % (4.23 per cent) and
HCL TechBSE 3.54 % (3.51 per cent) were among the top Nifty gainers.
IDFC (1.40 per cent), Maruti (1.39 per cent), Grasim (0.86 per cent),
Punjab National BankBSE -1.04 % (0.68 per cent) and ITC (0.60 per cent)
were among the losers.
The market breadth was positive on the NSE with 400 gainers against 333
losers.
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