Closing market podcast for April 17, 2018

The S&P BSE Sensex rose for the 9th consecutive day in a row on Tuesday for the first time since January 2015. The Nifty50 holds above 10500 levels for the second consecutive day in a row.

The Nifty Bank and the Nifty Midcap Index closed with gains of 0.1 percent each. HDFC, ITC & ICICI Bank were the top index gainers. Finally, the market breadth turned in favour of advances with the advance-decline ratio at 1:1.

Jewellery stocks remained in focus and Titan Company closed at a record high ahead of Akshaya Tritiya.

Sectorally, the S&P BSE power index rose 1.2%, followed by the S&P BSE Realty index which gained 1.2%, and the S&P BSE FMCG index rose 1.05%.

The S&P BSE IT index dropped 0.3%, followed by the S&P BSE Auto index which fell 0.2%, and the S&P BSE Healthcare index which was down 0.21%.

The S&P BSE Midcap index rose 0.2%, and the S&P BSE Smallcap index rose 0.28%.

Top Sensex gainers include names like Power Grid (up 2.9%), NTPC (up 1.99%), HUL (up 1.8%), ICICI Bank (up 1.5%), and ITC (up 1.2%).

Top Sensex losers include names like Wipro (down 1.5%), followed by Adani Ports (down 1.2%), Sun Pharma (down 1.27%), Infosys (down 0.7%).