Sensex up over 150 points, Nifty reclaims 8,600; Divis Labs up 6%, JP Associates falls 5%
NEW DELHI: The S&P BSE Sensex managed to build momentum and surged over 150 points in trade supported by positive cues from other Asian peers.
The 50-share Nifty index also surged past its crucial psychological level of 8600.The gains were led by index heavyweights such as HDFC, HDFC Bank, ICICI Bank, TCS and Infosys.The S&P BSE Midcap Index was up 0.89 per cent and BSE S&P Smallcap Index edged higher by 0.68 per cent.
The overall market breadth was positive, with seven out of every 10 stocks quoting in the green.Major Asian markets were mixed. China’s Shanghai Composite Index was up over 3 per cent, Japan’s Nikkei rose over 60 points, while Hong Kong’s Hang Seng shed nearly 100 points in trade.Snapping a three-day losing streak, rupee appreciated 5 paise to 63.76 against dollar in trade today.
http://economictimes.indiatimes.com/markets/stocks/news/sensex-up-over-150-points-nifty-reclaims-8600-divis-labs-up-6-jp-associates-falls-5/articleshow/48418812.cms
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