Thursday 30 March 2017

Sensex rises 116 pts; Nifty settles March F&O series at record high


Stock Future Trading Tips, BSE, NSE,
The benchmark indices continued their rising flash for third consecutive session after the Lok Sabha approved four legislations to give shape to the GST bill. The BSE Sensex, rose 116 points or 0.39% to 29,647.42, The NSE Nifty index rose 29.95 points or 0.18% to 9,173.75. Trading was volatile in consideration of March series expiry.
In the broader markets, the BSE Mid-Cap index rose 0.39%, while The BSE Small-Cap index rose 0.95%, outperforming the Sensex.
Logistics shares rose higher after the passage of the GST bills. Allcargo Logistics rose 4.4% while VRL Logistics shot up 4.3% and GATI gained 2.5%.
Auto stocks including Hero MotoCorp Ltd and Ashok Leyland Ltd recovered from steep losses after the Supreme Court banned sale of new vehicles with older Euro-III fuel technology from April 1.

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