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Saturday 7 May 2016

Share market update for Saturday | 7 May 2016

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On last day week of trading session the market ends with negative or Nifty closed below 7,750. The 30-share BSE Sensex closed at 25,228 down by 33 points and 50-share NSE Nifty closed at 7,733 down 2 points or .03%. 
On Friday Hang Seng index fell 1.7% to 20,109.87 and China Enterprises index lost 1.8% to 8,471.70 points. 
The blue-chip CSI300 index fell 2.6% to 3,130.35 while Shanghai Composite index lost 2.8% to 2,913.25 points. 
Stocks fell across the board,with energy and resources shares leading the declines. The Nasdaq biotech index dropped 1.3% while S&P health sector was down 0.6%. 
The S&P 500 posted 16 new 52-week highs and 12 new lows,the Nasdaq recorded 32 new highs and 82 news lows.
Last day NSE Nifty gainers and losers: 
Gainers
BHEL,GAIL,ACC,TATA POWER.
Losers 
ADANI PORTS,WIPRO,HCLTECH.