Mkts crossed turnover of Rs 1 Lakh Crore
Mumbai, Apr 15: The Sensex closed above 11,000 mark while the Nifty was close to 3500 mark. Nifty crossed 200 DMA (Daily Moving Average) of 3,437 due to the Huge buying in rate sensitives, infrastructure, pharma, cement, metal and select oil & gas stocks. Broader indices outperformed the benchmark indices
The 30-share BSE Sensex has touched today's high of 11,337.75.
The day also saw huge trading interest in midcap and smallcap stocks. BSE Midcap Index went up 136.97 points or 3.95%, to end at 3,601.89 and Small cap Index concluded at 4,123.45, up 5.32% or 208.29 points
Today, the markets crossed a turnover of Rs 1 lakh crore mark. The day's market turnover was highest for non-expiry day since January 2008.
Reliance
Industries,
BHEL,
SBI,
NTPC,
Bharti
Airtel,
DLF,
L&T,
ICICI
Bank,
HDFC,
Reliance
Communication,
SBI
and
Tata
Motors
were
leaders
in
today's
trade.
4:30PM
Mkts
in
Volatility,
BSE
Mid
cap
index
up
3pc
At
12:04
PM
the
Sensex
was
trading
at
10,987,
up
20
points
and
the
Nifty
was
up
11
points,
to
3,394,
and
the
markets
were
experiencing
volatility.
Broader
indices
-
the
BSE
Midcap
Index
was
up
3%
and
the
Small
cap
Index
gained
4%.
Stocks like HDFC Bank, Sterlite, NTPC and HDFC saw selling pressure. Capital goods, telecom, cement, realty, auto, FMCG, select metal stocks a;ong with the stocks like Reliance Industries and SBI saw buying interest.
Tata Motors went up 12.41%, Ranbaxy Labs, M&M, ACC, BHEL and Ambuja Cements were up 4-7%.However, Infosys, Sterlite, TCS, HDFC Bank and Wipro lost 3-5%.
Lanco Infratech, Nirma, Deccan Chronicle, Rolta and IVRCL Infrastructure were the ones that gained 11-20 per cent in the mid cap arena. In the small caps, CMC surged 39.65%. Consolidated Construction, Dredging Corp, Kalindee Rail and STC India went up 20% each.
Reliance Industries, Rolta, ICICI Bank, SAIL, SBI, Infosys and Reliance Capital were most active shares in the market.
BSE
Realty,
Auto
and
Capital
Goods
indices
gained
3-3.8
per
cent.
Healthcare,
Power,
Metal
and
FMCG
indices
went
up
1-2%.
1:10
PM
Mkts
recover,
Infosys
falls
4
per
cent
At
11:01
AM
Sensex
was
trading
at
11,003,
down
36
points
and
the
Nifty
was
trading
at
3,398,
down
15
points.
The
benchmark
indices
have
recovered
from
the
low
it
saw
in
the
morning
and
have
started
trading
positive.
Markets were backed by the buying in capital goods, cement, realty, telecom, auto, FMCG, power, select metal stocks and in stocks like SBI and Reliance Industries were supporting the markets.
The shares of technology companies as well as HDFC Bank, HDFC, Sterlite were under pressure.
Broader indices continue to putperform. BSE Midcap and Small cap indices rose up by 2.6-3per cent.
In the midcap stocks, Lanco Infratech jumped 21.69%. Nirma, Rolta, IVRCL Infrastructure and Jai Corp were up 10-16%. And in the small caps area CMC shot up 37.54%, after Q4 numbers. Aegis Logistics, Swaraj Mazda, Consolidated Construction and Kewal Kiran gained 15-20%.
Capital Goods, Realty, Auto, Power, Healthcare and FMCG sectors saw the indices gain 1-1.9 per cent. However, the BSE IT Index was down 3.8 per cent.
After the disappointing guidance for FY10 and Q1, Infosys saw a fall of 4 per cent.
The market breadth is strong.
Asian
Markets
continue
trading
weak.
11:28
AM
Mrkts
open
low
due
to
Infy
Q4
and
global
cues
At
9:56
am,
the
Sensex
was
trading
at
10,738,
down
228
points
and
the
Nifty
was
trading
at
3,316,
down
66
points.
The markets opened lower due to weak global cues and Infosys' forth quarter numbers.
Socks of metal, technology, financial and realty saw pressure.
Among the frontliners ITC, HUL and Sun Pharma gained. And the losers were frontliners, Axis Bank, Tata Steel, DLF, Reliance Capital, Infosys, Tata Motors, ICICI Bank, TCS, Wipro, Sterlite, HCL Tech, HDFC, Reliance Industries, ONGC, SAIL and NALCO
Infosys dipped 7per cent, Q4 FY09 net profit dipped 1.7% at Rs 1,613 crore as opposed to Rs 1,641 crore on quarter-on-quarter (QoQ) basis . Its revenues declined by 2.61% at Rs 5,635 crore as against Rs 5,786 crore QoQ. It also saw a 16% drop in Q1 EPS on QoQ basis at Rs 23.55 a share. The company is seeing an Earning Per Share (EPS) for full year FY10 at Rs 96.65-101.18 a share versus Rs 104.43 in FY09. Its FY10 EPS for ADS is seen down by 11-15%. BSE IT Index fell 6%.
In the Midcap and Small cap arena, Rolta, GMR Infrastructure, Petronet LNG, GSPL, Bajaj Hind, Balrampur Chini, Shree Renuka Sugars, Mcleod Russel and ITI were up 2-7%; while Tech Mahindra and Satyam lost ground.
Asian
markets
are
trading
weak.
10:25
AM
OneIndia News