Nifty closed at 7963 on 1st trading day of 2016

Equity benchmarks started off the calender 2016 positively. The Sensex went high 43.36 pts to 26160.90 while the Nifty earned 16.85 pts at 7963.20 amid thin volumes as world markets shut today.

The broader markets shifted by 0.9 per-cent. The market breadth was also strong as around 1971 shares ahead against 856 declining shares on the BSE(Bombay Stock Exchange).

Adani Ports & Tata Motors topped buying list on Sensex, went up 2.7 per-cent each followed by  Coal India, SBI, L&T and BHEL with over a percent gain. HDFC, TCS, HUL, NTPC & GAIL were losers.

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Sensex Started Positive, ICICI Bank, Coal India, Infosys, Bajaj Auto Gainers 24 Dec, 2015

Today, The S&P BSE Sensex started on a positive note on the last trading day of the week. The market will remain shut on Friday due to a Christmas holiday.

The rally in the index was led by gains in ICICI Bank, Coal India, Infosys, Bajaj Auto, HUL, RIL and Tata Motors.

The Nifty-50 was trading comfortably above its critical psychological support level of 7,850, supported by gains in metal, power, oil & gas, capital goods stocks.

Other market updates : Japan's Nikkei were trading lower by 0.1 per-cent while Hong Kong's Hang Seng index was trading higher by 0.5 per cent and the South Korean Kospi was flat, while mainland China's Shanghai Composite was down 1.3 per-cent.

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