Sensex rises 103 points, Nifty ends above 8,900 ahead of Feb F&O expiry

February 22
19:08 2017
The market breadth, indicating the overall health of the market, turned negative from positive in afternoon trade. On the BSE, 1,753 shares fell and 1,088 shares rose. A total of 192 shares were unchanged.

“Indices were able to continue the push higher, with Reliance surging post Jio’s announcements. But sectoral indices dipped into red, while Nifty’s midcap 100 index eased lower from the record peak. Obviously the derivatives expiry as well as Friday’s holiday may have weighed on the investors, prompting them to take some money off the table,” said Anand James, Chief Market Strategist, Geojit Financial Services.

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