Markets end higher; Sensex closes above 10K
Mumbai, Mar 26: Indian markets had a stunning performance on the settlement day of Mar series. The BSE Sensex has touched an intraday high of 10,061.36, before closing the day at 10,003.10, up 335.20 points or 3.47 per cent. The 50-share NSE Nifty shut shop at 3082.25, up 3.28 per cent or 97.90 points, after hitting a high of 3103.35. The last time both the indices had touched respective marks on Jan 7, 2009.
Huge buying was seen in ONGC, Bharti Airtel, BHEL, TCS, L&T, Wipro, Sterlite, Maruti and Tata Power stocks which gained 5-6 per cent. Buying in infrastructure, metal, banking, technology, auto, FMCG and oil & gas sectors helped the markets to stay in positive throughout the day.
For
the
third
consecutive
day
markets
reported
a
turnover
of
over
Rs
90,000
crore.
04:30
PM
Indices in green; IT, FMCG, metals up
Continuing the momentum, the benchmark indices are trading higher. Infrastructure, technology, banking, FMCG, metal and auto stocks and ONGC are keeping the markets up. At 1:43 pm, the Sensex was trading at 9,871, up 203 points and the Nifty was trading at 3,039, up 55 points. The Nifty April futures were trading with 15 points premium.
L&T,
TCS,
BHEL,
Hindalco,
ITC,
Tata
Steel,
SBI,
Tata
Motors,
HDFC,
Maruti
Suzuki,
Sun
Pharma,
NTPC,
ONGC
and
Bharti
Airtel
saw
an
upward
trend
while
Power
Grid,
DLF,
Cairn,
GAIL,
Reliance
Power,
Siemens,
Ranbaxy
and
Reliance
Capital
were
down.
02:50
PM
At 11:44 am, the Sensex was trading at 9,796, up 128 points and the Nifty was trading at 3,016, up 31 points. The Nifty April futures were trading with 9 points premium while the March Futures with 2 points discount. Broader indices like BSE Midcap and Small Cap indices were up 0.9 per cent each.
As
March
F&O
contract
expires
on
Thursday,
Mar
26
the
markets
are
trading
volatile.
Top
gainers
were
BHEL,
L&T,
Tata
Motors,
ITC,
ACC
and
ABB.
Sell-off
was
seen
in
Bharti
Airtel,
Cairn,
Ranbaxy,
DLF
and
Siemens.
12:20
PM
Markets slightly volatile; Huge buying seen
At 10:48 am, the Sensex was trading at 9,814, up 146 points and the Nifty was trading at 3,024, up 40 points. The Nifty April Futures were trading with 7 points premium while March futures were in 2 points discount.
Huge
buying
was
witnessed
in
the
oil
&
gas
exploration,
capital
goods,
banking,
FMCG,
technology
and
metal
stocks.
BHEL,
ONGC,
Reliance
Industries,
ITC,
NTPC,
HDFC,
L&T,
Infosys,
HDFC
Bank,
HUL,
SBI,
DLF
and
TCS
were
leading
players
11:00
AM
Markets open green; Nifty above 3000K
Indian markets opened on a positive note and continued Wednesday, Mar 25 rally further. While Bombay Stock Exchange's benchmark index Sensex tested 9,800 level, National Stock Exchange's Nifty was trading above 3,000 mark.
At 9:56 am, the Sensex was trading at 9,798, up 131 points and the Nifty was trading at 3,025, up 40 points. The CNX Midcap 100 was up 1.5 per cent or 53 points, to 3,342.
Stocks
like
metal,
realty,
infrastructure
and
banking
are
supporting
the
markets.
But
Tata
Motors
and
Zee
Entertainment
lost
ground.
10:30
AM
OneIndia News