Epic Update Reliance Industries
The market remained strong with the Nifty trading above 8850, though it came off day’s high, after the Federal Reserve kept rates unchanged but hinted for likely rate hike in December policy meeting. Banks, oil and FMCG stocks were leaders.
The Sensex was up 282.69 points or 0.99 percent at 28790.11 and the Nifty gained 88.25 points or 1.01 percent at 8865.40.
The broader markets climbed nearly 1 percent on positive breadth as more than three shares advanced for every share falling on the exchange.
Reliance Industries, HDFC Bank, Maruti Suzuki and Eicher Motors hit fresh 52-week high today, rising 1.5-2 percent.
However, technology stocks were only losers. TCS, Infosys and Wipro were down 0.3-0.5 percent.
The market remained strong with the Nifty trading above 8850, though it came off day’s high, after the Federal Reserve kept rates unchanged but hinted for likely rate hike in December policy meeting. Banks, oil and FMCG stocks were leaders.
The Sensex was up 282.69 points or 0.99 percent at 28790.11 and the Nifty gained 88.25 points or 1.01 percent at 8865.40.
The broader markets climbed nearly 1 percent on positive breadth as more than three shares advanced for every share falling on the exchange.
Reliance Industries, HDFC Bank, Maruti Suzuki and Eicher Motors hit fresh 52-week high today, rising 1.5-2 percent.
However, technology stocks were only losers. TCS, Infosys and Wipro were down 0.3-0.5 percent.
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