Breaks four-session slump: Nifty manages to cross 18,600 resistance level IG News

(From Trade Representative)
MUMBAI: The Sensex closed up 160 points after going through a jitter amid jittery impact on market sentiment as Gujarat and Himachal Pradesh election results are largely expected. Global markets were also mixed. The Sensex settled at 62,570.68 points with a decline of 160 points or 0.26 percent. While the Nifty settled at 18,609.35 points with a decrease of 48.85 points or 0.26 percent.
Axis Bank Top Gainer, Fund Buying in Secure Credentials: Axis Bank, IndusInd Bank, ICICI Bank, State Bank, Larsen & Toubro, Infosys, Mahindra & Mahindra and Maruti Suzuki were among the top gainers on the Sensex. The country’s only employee background check company, Secure Credentials Limited, saw the fund buying. There was talk in the market that Aegis Investment Fund had bought one lakh shares in this stock on NSE. The stock rose four percent on strong volume to Rs. It closed at the level of 125. USFDA alert in Sunpharma, good volume in Tirupati Forging: The stock was the top loser with a fall of 3.57 per cent following heavy selling as USFDA placed San Pharma’s Halol manufacturing facility under import alert. Now the company cannot export from this plant to Badar in America.


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