Tuesday, 24 May 2016

Sensex up over 250 pts, Nifty opens above 7800; banks strong -- 25 May 2016

The market has opened with gains. The Sensex is up 254.50 points or 1 percent at 25559.97 and the Nifty is up 79.25 points or 1 percent at 7828.10. About 602 shares have advanced, 102 shares declined, and 22 shares are unchanged. 
    Axis Bank, Tata Motors, SBI, Adani Ports and Lupin are top gainers while Cipla and Coal India are losers in the Sensex. 

The Indian rupee opened higher by 12 paise at 67.63 per dollar against previous close of 67.75. 

The 30-share index was trading at 25,600, up 295 points or 1.1 per cent. It touched a high of 25,608.30 and a low of 25,608.30 in morning trade. 

The Nifty50 was trading at 7,844 up 95 points or 1.2 per cent. It touched a high of 7,845.15 and a low of 7,809.30 in the first 30 minutes of trade. 

The S&P BSE Midcap Index was up 0.76 per cent and BSE S&P Smallcap Index was trading 0.78 per cent higher. 
Tech Mahindra (up 5 per cent), Hindalco (up 2.9 per cent), Tata Motors (up 2.3 per cent) and Ambuja Cements (up 2.1 per cent) were the major Sensex gainers. 

There were no major Sensex losers. 

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