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Thursday, 12 May 2016

Thursday share market closing update | Today Nifty ends at 7,900

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After two days of continuous struggle today the market ends with a high note or Nifty cross the level of 7,900. The BSE Sensex closed at 25,790 gain by 193 points and 50-share NSE Nifty closed at 7,900.40 gain by 51.55 points or 0.66%. 
The BSE Midcap index ended 0.69% higher and the smallcap gained 0.93%. Sugar stocks extended their rally for third straight day as 24 out of 35 stocks ended with gains. Shares of RSWM gained 13.56 after the company reported a 7% rise in net profit for the march quarter. 
In Asia,China Shanghai Composite index ended 0.04% lower,while Hong Kong’s Hang Seng lost 0.70% and Japan’s Nikkei surged a 0.41%. 
On Thursday shares of TVS Srichakra ended with gains of 0.45%.
Also Banking stocks ended higher by 3.6%. 
NSE Nifty gainers and losers: 
ICICI Bank,Hindalco,Asian Paint,Bosch Ltd. 
Axis Bank,AuroPharma,Hindunilvr,M&M.