Nifty continues rally on Wednesday to close at 5818.60 - Microsec

The market continued its Tuesday rally and closed in green. Overall, the market remained in narrow trading range. Steady European markets also boosted sentiments in India.

Nifty closed at 5818.60 up by 34.35points or 0.59% over the previous day closing of 5784.25 after witnessing a low of 5795.05 and a high of 5828.70. Sensex closed at 19252.61 up by 109.44 points or 0.57% over the previous day closing of 19143.17.It touched an intraday low of 19195.47 and high of 19293.39.

The markets' breadth was positive. Out of 2977 stocks traded 1730 stocks advanced, 1116 stocks declined and 131 stocks remained unchanged. In Sensex, Out of 30 stocks 18 stocks advanced and 12 stocks declined.

Among the sectors, BSE Realty, BSE Capital Goods and BSE Metal were the main gainers of the day, which increased by 4.52%, 2.47% and 2.20% respectively.

In BSE Realty sector HDIL, AnantRaj and Sobha Devp, increased by 12.23%,7.87% and 7.24% respectively. In BSE Capital Goods sector Punj Lloyd, AIL and Sadbhav engr advanced by 13.86%,8.95% and 5.16% respectively. In BSE Metal sector Sterlite Inds Hindustan Zinc and Sesa Goa increased by 4.60%, 4.35% and 3.35% respectively.

Source : Equity Bulls

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