Friday, 29 April 2016

The Market has Ended Flat After a Lot of Volatility

The Nifty ended at 7849.80, up 2.55 points and the Sensex is up 3.52 points at 25606.62. Lupin, Cipla, NTPC, HDFC Bank and Tata Steel are top gainers while Bharti Airtel, SBI, Reliance, HUL and ICICI Bank.

Another big blow came from the counters of Jindal Steel and Power (JSPL) after chairman and former MP Naveen Jindal was charged with criminal conspiracy by a special court.

The shares closed 7.63 per cent lower.Shares of Idea Cellular plunged 6.32 per cent after the company on Thursday reported 24.60 per cent quarter-on-quarter fall in March quarter profit at Rs 576 crore. Shares of Equitas Holdings gained 1.08 per cent after the company submitted an application to the Reserve .

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