Markets@Moneycontrol: Some cheer for markets after three days of consolidation

Tata Steel, L&T and Dr Reddy’s gained the most on both indices, while Tata Motors, Axis Bank, and Tata Power were the top losers.

January 04, 2018 / 16:56 IST

Benchmark indices had a strong day of trade, with the Sensex ending over 150 points higher, while the Nifty reclaimed 10,500.

The Sensex closed up 176.26 points or 0.52% at 33969.64, while the Nifty was up 61.60 points or 0.59% at 10504.80. The market breadth was positive as 1,907 shares advanced, against a decline of 1,003 shares, while 433 shares were unchanged.

Tata Steel, L&T and Dr Reddy’s gained the most on both indices, while Tata Motors, Axis Bank, and Tata Power were the top losers.All sectoral indices ended in the green, barring IT and auto, with PSU banks, infra and metals being the biggest gainers.

In the broader markets space, midcaps had a very good session, with the Nifty midcap index ending over 1 percent higher.

For more, watch the Markets@Moneycontrol show. Moneycontrol correspondent Uttaresh Venkateshwaran speaks to Anchal Pathak about what moved the markets today.

first published: Jan 4, 2018 04:56 pm

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