Sensex snaps 3-day losing streak, Nifty settles near 8,180; Tata Motors shares surge -- 15 Oct 2015

The key benchmark indices BSE Sensex and NSE Nifty snapped a three-day losing streak on Thursday on the back of firm global markets. Sensex closed 230.48 points up at 27,010.14. Nifty closed 71.60 points up 8,179.50.

                                         

In the 50-share index, Zee Entertainment, Tata Motors, BPCL, Bank of Baroda and BHEL gained between 3.30 per cent and 8 per cent. On the other hand, Cipla, Mahindra & Mahindra, Wipro, TCS and HUL slid between 0.50 per cent and 1.20 per cent.

Tata Motors shares surged after the auto maker informed BSE that its UK based luxury car unit, Jaguar Land Rover’s retail sales rose 3 per cent to 47,634 vehicles in September 2015 over September 2014.

Shares of Adani group companies were the top gainers among BSE large caps after Australia cleared way for the group’s $7 billion coal and rail project. Share price of Adani Enterprises jumped 14.02 per cent to Rs 96.75.

Barring the BSE IT index (down 0.14 per cent), rest all other sectoral indices on the Bombay Stock Exchange ended in green. The BSE Auto index gained the most — 2.33 per cent, followed by BSE Oil & Gas index (up 1.51 per cent), BSE Metal index (up 1.40 per cent) and BSE Capital Goods index (up 1.22 per cent).

The market breadth indicating the overall health of the market was strong. On BSE, 1,529 shares advanced while 1,196 shares declined. A total of 147 shares were unchanged. The BSE Midcap index closed 0.79 per cent up at 11006.60. The BSE Smallcap index closed 0.48 per cent up at 11,490.

Hang Seng, Nikkei and Shanghai closed 2 per cent, 1.15 per cent and 2.32 per cent up at 22888.17, 18096.90 and 3338.07, respectively.

For More Detail Visit -- http://www.allianceresearch.in/

Or Cal On -- 0761-4032175, 9993716323