RIL, ONGC surge; Sensex tests 10K
Mumbai, Dec 15: Surge in oil and gas heavyweights like Reliance Industries and ONGC helped BSE Sensex to touch 10,000 mark, while the Nifty hit 3000 points. Bombay Stock Exchange"s Sensex closed at 10,003.98, up 171.59 points or 1.75 per cent. National Stock Exchange"s Nifty ended at 3050.60, up 2.33 per cent or 69.40 points.
BSE
Midcap
Index
closed
2.50
per
cent
up
and
BSE
Smallcap
Index
ended
3.25
per
cent
higher.
Major
gains
in
ONGC,
Grasim
Industries,
HDFC,
Tata
Motors,
ACC
and
NTPC
propped
up
the
Sensex.
While
Sterlite
Industries,
HDFC,
Reliance
Communication,
Reliance
Infrastructure
and
Larsen
&
Toubro
were
losers
for
the
day.
04:00
PM
BSE Sensex touches 10,000 points
At
01:00
pm
the
BSE
Sensex
went
up
7
points
to
9,839
and
the
Nifty
gained
11
points
at
2,992.
BSE
Midcap
and
Small
Cap
indices
advanced
2-3
per
cent.
The
lead
players
at
the
afternoon
session
are
ONGC,
Tata
Motors,
TCS,
NTPC,
Infosys,
Seimens,
Suzlon
Energy
and
Cairn
India.
HCL
Technologies
surged
14.35
per
cent.
02:15
PM
BSE Sensex, NSE Nifty up: IT stocks lead
At
11:40
am,
National
Stock
Exchange"s
Nifty
was
at
3004.50,
up
23.30
points
or
0.78
per
cent.
The
broader
index
touched
an
intra-day
high
of
3006.80
and
a
low
of
2963.30.
Bombay
Stock
Exchange"s
Sensex
was
at
9860.08,
up
27.69
points
or
0.28
per
cent.
The
index
touched
a
high
of
9879.42
and
a
low
of
9790.31.
12:00
PM
Mixed cues: Quiet opening for Markets
Markets had a quiet opening on Tuesday, Dec 16 follwoing mixed cues from Asian markets. At 9:56 am, the Sensex rose just 6.92 points to 9,839 and the Nifty gained 0.5 points at 2,981. However midcap and small cap stocks have continued their uptrend. The CNX Midcap 100 went up 0.82 pc to 3,656.
Major gainers in the opening trade are ONGC, NTPC, SBI, TCS, Infosys, L&T, HCL Technologies, ACC, Unitech, Satyam and Hindalco. But Bharti Airtel, Reliance Industries, Sterlite Industries, Reliance Communication, SAIL, HDFC, DLF, Reliance Infrastructure and HDFC Bank lost ground.
HCL Technologies surged nearly 8.5 per cent, as the company completed its Axon acquisition at USD 651 million versus USD 785 million, which was the beginning valuation .
Asian
markets
are
trading
mixed.
Shanghai,
Nikkei,
Taiwan
and
Jakarta
fell
0.6-1.8
pc.
However,
Hang
Seng
and
Kospi
gained
0.2-0.8
pc.
10:00
AM
OneIndia News (With input from Agencies)