Nifty ends above 8,800 on ECB stimulus

The market rallied for the seventh consecutive session on Friday, spiking nearly 2000 points on the Sensex (in seven days).

Benchmark share indices scaled record highs for the fourth straight session, amid a rallly in global stocks, after the European Central Bank announced higher-than-expected monetary stimulus measures to boost the economy in the euro zone.

The 30-share Sensex ended up 273 points at 29,279 and the 50-share Nifty surged 74 points at 8,836. The Sensex and the Nifty touched an intra-day high of 29,409 and 8,866 mark, respectively.

About 1140 shares have advanced, 1803 shares declined, and 253 shares are unchanged on the BSE.

 Cipla, L&T, HDFC Bank, HUL, M&M and Sesa Sterlite gained 2-3 percent whereas PNB, GAIL, BHEL, HCL Technologies and ONGC were down 1-2.7 percent. We provide all services through SMS and Instant Messenger.

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Stock Market Closing News – Nifty ends above 8200

Continuing its sluggish mode, the market ended flat. The Sensex was down 31.12 points at 27319.56 and the Nifty was down 4.50 points at 8219.60. About 1178 shares advanced, 1728 shares declined, and 108 shares were unchanged. HDFC rose 5 percent while Coal India jumped 4 percent. ONGC, Hero and HDFC Bank were other top gainers in the Sensex. TCS losr 3.5 percent. Among other laggards were Sesa Sterlite, HUL, Tata Steel and Axis Bank.
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