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Tuesday 12 April 2016

Today Nifty closed above 7,700 | Tuesday Stock market closing update

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On second day of trading session the market closed with a positive note or Sensex gain over 100 points end of the day. 
The BSE Sensex closed at 25,145.59 gain up 123 points and NSE Nifty closed at 7,708.95 up by 37.55 points or 0.49%. 
The BSE Midcap and smallcap indices gained 1% and 0.9% respectively. 
The Hang Seng index rose 0.3% to 20,504.44,while the china enterprises index gained 0.4% to 8,841.86 points. European shares fell on Tuesday with luxury good stocks. 
LVMH fell 3.4% after its business update dragging down the shares of its rivals. Shares of Coal India fell 2.28 percent in trade after the company cut prices of top grade coal by up to 40% due to higher production and stockpile. 
China’s Shanghai composite ended with a 0.34% loss and Japan’s Nikkei closed 1.13% higher. 
NSE Nifty gainers and losers: 
Gainers ZEEL,TATA MOTORS,GAIL,MARUTI. 
Losers  TATA STEEL,IDEA,COAL INDIA,ITC.