Good opening in new F.Y.


Mumbai: Markets ended the first session of FY16 on a firm note led by a strong rally in FMCG, healthcare, realty and financials stocks with Sun Pharma contributing most to the gains ahead of record date set for the merger with Ranbaxy.

The 30-share Sensex gained 303 points to end at 28,260 and the 50-share Nifty soared 95 points to close at 8,586.
However, technology stocks emerged as the only underperformers in today’s trade after HCL Technologies warned of adverse cross currency impact on the company’s revenue and EBIT in Q3 March 2015 in pre-quarter earnings update.

Markets will be closed on 2 April and 3 April on account of Mahavir Jayanti and Good Friday, respectively.

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