The market closed up 434pts at 36497 helped up by a benign 3.17pc inflation number. Value traded lost over 20pc and came in at Rs 8.1bln while turnover was down 7pc at 206mln shares.
Cements were subdued today with fertilisers picking up marginal gains. The best performing sector among big caps was refiners gaining over 2.5pc on average.
Best performing stocks were EFOODS, PIBTL, HASCOL, HTL, UPFL and FML all gaining close to 5pc. FCCL again lost 5pc for the day.
We expect the market to remain volatile.
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