Market Closing Podcast on May 31, 2018
Share
Subscribe
Moneycontrol News
The S&P BSE Sensex rallied over 400 points to close above 35,000 on Thursday while the Nifty50 rallied above 121 points to close above 10,700 on May F&O expiry day. Positive global cues on easing Italy political concerns and the rally in HDFC Bank lifted market sentiment.
The S&P BSE Sensex rose 416.27 points or 1.19 percent to 35,322.38 and the 50-share NSE Nifty gained 121.80 points or 1.15 percent at 10,736.20. Midcaps fail to shine on a day when benchmark indices rose over 1 percent each.
About 1,643 shares declined against 994 advancing shares on the BSE.
The S&P BSE Midcap index closed 0.24 percent lower while the S&P BSE Smallcap index was down by 0.57 percent.
Sectorally, the S&P BSE Banking index rose 1.9 percent, followed by the S&P BSE oil & gas index which gained 1.1 percent, and the S&P BSE FMCG index was up 0.58 percent.
On the losing front, the S&P BSE Consumer Durable index slipped 0.97 percent, followed by the S&P BSE Realty index which slipped 0.85 percent, and the S&P BSE Healthcare index was down 0.83 percent.
Top Sensex gainers include names like Adani Ports (up 4.7 percent), HDFC Bank (up 4.3 percent), IndusInd Bank (up 3.1 percent), M&M (up 3.1 percent), and Kotak Bank (up 2.6 percent).
Top Sensex losers include names like Sun Pharma (down 2.9 percent), followed by Tata Motors (down 2.09 percent), Hero MotoCorp (down 1.6 percent), and Maruti Suzuki (down 0.8 percent).