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Amidst Shifting, Sensex Ends 74 Points Higher

Domestic stock market has become good for Sensex which had a 74 points gain or 0.42 percent to 17,479. The Nifty also had its gain but only to up 23 points or 0.42 percent at 5,318. Observing the stocks, capital good, infrastructure stocks, power, and consumer goods are performing well, while the energy, healthcare and pharma stocks seems to be on the opposite end.

BSE Building

Bombay Stock Exchange

The PMI manufacturing data which showed a slower growth in March compared to the previous month was the reason why the good start of the market was disturbed. Still, there is good news for everyone with the Finance Minister’s clarification on no tax on P-notes said Ms Shanu Goel.

To name some gainers, we have the JP Associates, Reliance Power, Reliance Infrastructure, NTPC and HCL. These groups have performed well in the market amidst the claim of poor PMI manufacturing data. The Sterlite, Bajaj Auto and Dr Reddy are among the top losers in the market.

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