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Sensex gains 100 pts, Nifty above 8200; Tata Motors up 8% -- 31 May 2016

Discussion in 'Stock Market Discussions' started by tradebizzindia1, May 31, 2016.

  1. tradebizzindia1

    tradebizzindia1 New Member

    May 13, 2016
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    The market started off last day of the May on a positive note, tracking positive Asian cues. The Sensex rose 92.52 points to 26818.12 and the Nifty advanced 25.95 points at 8204.45.

    After fourth quarter earnings, Sun Pharma declined 3 percent while Tata Motors surged 8 percent.

    The 30-share index was trading at 26809, up 83 points or 0.31 per cent. It touched a high of 26837.20 and a low of 26786.35 in morning trade.

    The Nifty50 was trading at 8198 up 20 points or 0.25 per cent. It touched a high of 8213.60 and a low of 8194.45 in the first 30 minutes of trade.

    The S&P BSE Midcap Index was up 0.12 per cent and BSE S&P Smallcap Index was trading 0.07 per cent higher.

    Tata Motors (up 7.9 per cent), NTPC (up 0.9 per cent), BHEL (up 0.9 per cent) and ICICI Bank (up 0.5 per cent) were the major Sensex gainers.

    Sun Pharma (down 3.5 per cent), Bharti Airtel (down 1.6 per cent), GAIL (down 1.09 per cent), L&T (down 0.84 per cent) were major Sensex loser.

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