20 April: Sales Traders Commentary :Edelweiss

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Sales Traders Commentary

The Sensex and the Nifty gained for fourth consecutive session, rising 0.6% each on Thursday on back of positive European markets. Auto, healthcare, FMCG, metal, IT and financial stocks helped the market closed higher.   
The Sensex closed at 17503, up 112 points, while the Nifty jumped 33 points to end the day at 5332.
Major gainers were Coal India (3.85%), H D F C Bank (3.22%), Tata Motors (3.15%), Maruti Suzuki India (2.92%), Hero Honda Motors (2.42%), and Mahindra & Mahindra (2.01%).
Major losers were Bharat Heavy Electricals (3.66%), Hindalco Industries (1.91%), G A I L (India) (1.76%), Wipro (1.35%), Reliance Industries (1.01%), and State Bank Of India (0.80%).
The Auto index jumped 2.05%. Major gainers were Hero Motocorp (2.42%), Ashok Leyland (1.66%), Cummins India (1.41%), Bajaj Auto (0.8%) and Exide Industries (0.11%).
The HC index gained 1.18%. Major gainers were Divis Laboratories (3.91%), Biocon (3.27%), Aurobindo Pharma (2.8%), Cadila Healthcare (1.53%) and Cipla (1.51%).
The Capital Goods index slipped 0.89%. Major losers were Bharat Heavy Electricals (3.66%), A B B (1.06%), BEML (0.92%), Larsen & Toubro (0.5%) and Crompton Greaves (0.19%).
Major gainers in the mid–cap space were Alstom Projects India (3.78%), A I A Engineering (1.59%), A B G Shipyard (1.33%), CORE Education and Technologies (0.32%) and Aban Offshore (0.1%).
Major gainers among small caps were Aarti Industries (2.11%), Aanjaneya Lifecare (1.84%), A B G Infralogistics (1.73%), INEOS ABS (India) (0.19%) and Trident (0.09%).
Globally, Asian indices ended on a mixed note while European indices were trading higher