Friday 16 February 2018

Today's Stock Market Trading Tips-Sensex, Nifty off opening highs; IT stocks gain, PSU Bank index falls 1%

Equity benchmarks extended previous day's gains on last day of the week, with the Sensex, Nifty Bank and Midcap indices rising around 150 points each, tracking positive global cues.
The 30-share BSE Sensex was up 149.65 points at 34,447.12 and the 50-share NSE Nifty rose 48.30 points to 10,593.80.

Punjab National Bank lost another 2 percent on top of 21 percent fall in previous two consecutive sessions. Gitanjali Gems tanked 19 percent on top of 20 percent correction in previous session.
Nifty Midcap as well as Nifty Bank indices rallied 150 points each.
Fortis Healthcare gained 4 percent as the Supreme Court allowed sale of pledged shares with lenders.
Indoco Remedies, Shriram EPC, Future Consumer, Apollo Hospitals, HOEC, KNR Construction, Vakrangee and 8K Miles Software were up 2-5 percent while Nalco was down 3 percent.

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