Market erased most of its intraday gains but ended marginally higher on October 14 with Nifty able to hold above 11,300 level. At close, the Sensex was up 87.39 points at 38,214.47, while Nifty was up 36.20 points at 11,341.20. About 1207 shares have advanced, 1268 shares declined, and 225 shares are unchanged. ONGC, Tata Motors, UltraTech Cement, Bharti Airtel and Yes Bank were the top gainers on the Nifty, while losers were Infosys, Bajaj Finance, Bajaj Finserv, Power Grid and Adani Ports. The market debutant IRCTC share ended 129 percent higher at Rs 733 on the BSE.
Global Markets
Japanese shares rose to their highest level in over a week on Friday as the safe-haven yen eased on hopes of progress in USChina trade talks. Sentiment was also buoyed by a sharp jump in Seven & I Holdings, the country’s largest convenience store operator, after it announced a massive restructuring plan. The benchmark Nikkei average ended up 1.2 per cent at 21,798.87 points, its highest closing since Oct. 2.
U.S. stocks were higher after the close on Friday, as gains in the Basic Materials, Industrials and Technology sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 1.21%, while the NASDAQ Composite index gained 1.34%
Germany stocks were higher after the close on Friday, as gains in the Software, Technology and Basic Resources sectors led shares higher. At the close in Frankfurt, the DAX gained 2.86% to hit a new 1-month high, while the MDAX index gained 1.22%, and the TecDAX index gained 2.83%.
Denmark stocks were higher after the close on Friday, as gains in the Oil & Gas, Personal & Household Goods and Financials sectors led shares higher. At the close in Copenhagen, the OMX Copenhagen 20 rose 0.64%.
Nifty Chart
Nifty Index closed on positive note at 11341.15 above 200 Day DMA on 14.10.2019. Nifty is looking strong on daily chart. Nifty Support : 11270-11180, Resistance : 11410-11550
