Stock Market Recommendations & Opening Bell for 06-Mar-2017

Sensex up 100 points, Nifty reclaims 8900; Bharti, CIL gain

The market on Monday opened in the green, with both the equity benchmarks opening 0.25 percent higher on the back of positive cues from the GST Council meet on Saturday. The Nifty reclaimed its 8900-mark.

The 30-share Sensex was up 94.50 points at 28926.95, while the Nifty was up 29.05 points at 8926.60. The market breadth remained healthy with 662 shares having advanced, 177 shares having declined. Meanwhile, 44 shares are unchanged.

Coal India and Bharti Airtel were the top gainers on both the indices, while IT stocks Infosys and TCS were under pressure and were the top losers.

The Asian markets were under pressure following launch of ballistic missiles by North Korea in Japan’s Exclusive Economic Zone. The Nikkei was lower by 100 points in early morning trade.

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