27 January 2015

Indian Share Market Tips: Nifty ends at 8910, Sensex up 292 pts

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The Indian share market ended at record highs as banks boosted trade. The Nifty ended above 8900-level for first time. The 50-share index was up 74.90 points or 0.8 percent at 8910.50. The Sensex closed up 292.20 points or 1 percent at 29571.04. About 1406 shares have advanced, 1523 shares declined, and 260 shares were unchanged.
Bank Nifty ended with a gain of over 2 percent led by Axis Bank and ICICI Bank (up 4-5 percent each). Other gainers in the Sensex were Cipla, Tata Motors and ITC. Among the losers were Dr Reddy's Lab, Infosys, M&M, Coal India and HUL.The Nifty hit a record high at 8900-level. The 50-share index is up 75.80 points or 0.8 percent at 8911.40.
The Sensex is up 266.19 points or 0.9 percent at 29545.03. About 1380 shares have advanced, 1466 shares declined, and 265 shares are unchanged. Cipla is up 5 percent while Axis Bank gains 4 percent, followed by financials like ICICI Bank and HDFC Bank. ITC surges 3 percent.

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