Wednesday, 28 December 2016

Sensex Ends Flat; Pharma Stocks Surge


Indian share market witnessed some selling pressure in the afternoon session to finish on a flat note.
At the closing bell, the BSE Sensex stood lower by 3 points, while the NSE Nifty finished up by 2 points.

The S&P BSE Mid Cap & the S&P BSE Small Cap finished up by 0.6% and 0.9% respectively. Gains were largely seen in FMCG sector, pharma stocks and IT stocks. Meanwhile, capital goods and energy stocks led the losses.

Here is a complete list of BSE gainers today.

The rupee was trading at 68.23 against the US$ in the afternoon session. Oil prices were trading at US$ 54.14 at the time of writing this share market news.

Steel stocks finished the trading day on a mixed note with Jindal Steel & Power and Tata Sponge leading the gains.

Moving on to news from stocks in power sector.

NTPC share price finished the trading day on an encouraging note (up 0.2%) after it was reported that the company’s total installed capacity increased to 48,028 MW following the commissioning of 800 MW unit at Kudgi in Karnataka.

If you have any query, use Equitymaster's online stock screener to scan stocks listed in BSE and NSE stock exchanges in India using various key metrics like share price, market cap, P/E ratio, dividend yield and more.

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