Market surges, Sensex above 37,000

The stock market surged at the end of the trading week. The Nifty broke through the pressure level of 10,800 to close at 10.901. the Nifty gained 161 points on July 17.

Sensex rose 548 points on the day. The Sensex, which ended trading at 37,020 points had gained 37,125 points during trading

The shares of prominent pharma company Cipla and FMCG giant Britannia registered the highest prices in the last 52 weeks. Forty-two of the Nifty 50 Index registered gains on the day.
Energy shares led the bulls in the market surge,

The shares of the key energy company BPCL rose 12.43%. The shares of Hindustan Petroleum, Tata Power and ONGC rose above 5%.

Relieance Industries too aided the surge in the market on July 17. The shares of Reliance Industries rose 3.94%.
BPCL, ONGC, GAIL, Infratel and Reliance Industries are the Nifty shares that registered high gains

The shares of Hindalco, Britannia, Nestle India, TCS and Dr. Reddy’s faced losses on the day.