Sensex ends 66 points up, Nifty settles at 7,951; Dishman Pharma gains over 10% - 1 Oct 2015
Domestic equity markets opened in green tracking firm global cues. Sensex opened 189.36 points up at 26,344.19.
The BSE Sensex pared some of their initial gains on Thursday and closed 66.12 points up at 26,220.95. On the similar lines, NSE Nifty closed 2 points up at 7,590.90. Meanwhile, India’s manufacturing sector output slipped to a seven-month low of 51.2 in September, as order flow turned sluggish amid “difficult economic climate”, a Nikkei survey said on Thursday.
Sensex opened at 26,344.19 and touched a high and low of 26,431.80 and 26,168.71, in trade. Nifty opened 7,992.05 and hit a high and low of 8,008.25 and 7,930.65.
In the 50-share index, UltraTech Cements, Lupin, Zee Entertainment, Sun Pharma and Adani Ports gained between 2 per cent and 4 per cent. On the other hand, HCL Technologies, BHEL, GAIL, Maruti and Vedanta declined between 1.45 per cent and 12.55 per cent.
Shares of HCL Technologies remained under pressure throughout the day after the company gave a weak pre-quarter guidance for the first quarter ended September 2016 (1QFY2016), which indicated that revenues to be reported in US dollar will have an adverse impact of 80 basis points on account of sharp depreciation of multiple currencies against US dollar. The IT major follows July-June as the financial year.
Among the sectoral indices on BSE, the BSE Healthcare index gained the most — 1.46 per cent, followed by BSE Consumer Durables (up 0.89 per cent) and BSE Capital Goods (up 0.73 per cent). BSE Realty and BSE Power index declined 1.82 per cent and 0.55 per cent, respectively.
Overall market breadth remained slightly positive on the BSE with 1,381 advances and 1,306 declines.