Page 27 - Sameet Chavan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The domestic benchmark indices - the S&P BSE Sensex and the National Stock Exchange Nifty50 - had lost close to 1.5 per cent in three days recently before gaining slightly. Notwithstanding weakness and volatility, the Nifty50 has managed to hold on to the 18,000 mark, while the Sensex has managed to stay above the 61,000 level. The performance of the stocks that comprise these front-line indices remains polarised.

The 18,350-18,400 levels are expected to act as a strong support zone and if held in the forthcoming week, the Nifty will start moving towards 19,000 levels, according to experts

The 30-share BSE Sensex pack 234 points or 0.38 per cent higher at 61,964; while the broader NSE Nifty index moved 111 points or 0.61 per cent up to settle at 18,314. Mid and smallcap shares finished on a positive note, with the Nifty Midcap 100 up 0.63 per cent and Nifty Smallcap 100 rising 0.55 per cent. Fear index, India VIX, rose 2.17 per cent to 12.57.

The 30-share BSE Sensex surged 372 points or 0.60 per cent to trade at 61,933, while the broader NSE Nifty moved 108 points or 0.59 per cent higher to trade at 18,290. Mid- and small-cap shares were positive as Nifty Midcap 100 gained 0.44 per cent and small-cap was up 0.58 per cent.

As many as 26 stocks hit their 52-week lows today. BSE 500 stocks such as Aditya Birla Fashion and Retail, Ipca Labs, PVR Inox and VMart hit their respective one-year low levels. That said, 115 stocks touched their one-year high levels today.