Liquidity Drives Sensex, Nifty Up; Reliance, Bajaj Auto, Infosys, Cipla, Top Gainers

Robyn Ryan
November 25, 2017

The NSE Nifty trades at 10,383 points, 34 points, 0.33% higher than Thursday's closing. USA markets closed on a soft note after Federal Reserve released the minutes of its previous meeting which showed that the policy makers are largely positive about the economy but worry that market prices are getting out of hand.

The NSE Nifty too edged up by 18.70 points, or 0.18 per cent, at 10,361. The S&P BSE Sensex opened almost 82 points higher at 33,670 points while NSE Nifty50 opened at 10,367 points, almost 18 points higher than the previous session's closing.

FMCG stocks rallied the most.

However, some gains were capped as investors booked profits in metals stocks and foreign investors pulled out money from stocks. Markets will remain shut for Thanksgiving holiday today.

The key Indian equity indices rose for seventh day in a row led by gains in Infosys, HDFC Bank, ITC and Reliance Industries.

The stock market made a sedate start today as the benchmark Sensex rose marginally, leaning on renewed domestic institutional buying.

The breadth, indicating the overall health of the market, was in favour of gainers.

Turnover in the cash segment fell to Rs 29,651.46 crore from Rs 29,866.40 crore yesterday.

A total of 15,158.20 lakh shares changed hands in 10,102,886 trades.

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