Sensex above 12k, highest since Oct '08
Mumbai, May 4:In the first session of the May series, the Sensex closed above the 12,000 mark closing at 12,134.75, up 6.41 per cent or 731.50 points while the Nifty settled above the 3650 level at 3,654 going up 5.18% or 180.05 points .
Broader
indices
were
also
positive
The
markets
were
led
in
this
positive
bait
by
by
metal,
technology,
banking,
capital
goods,
FMCG
and
auto
stocks.
The
biggest
contributors
were
Reliance
Industries,
Infosys,
HDFC,
ITC,
ICICI
Bank,
ONGC,
SBI,
Wipro,
L&T,
HDFC
Bank,
TCS
and
SAIL
gaining
3
to
10.5
per
cent.
For
the
first
time
since
Oct
2008,
Sensex
went
beyond
the
12k
mark
and
outperformed
the
Asian
and
European
Markets.
4:23
PM
BSE
Sensex
continues
above
12,000
mark
The
Sensex
was
trading
at
12,121,
up
718
points
and
the
Nifty
surged
183
points,
to
3,657,
at
2:34
PM.
The
Sensex
and
Nifty
were
holding
on
levels
of
12,000
and
3600
respectively.
And
all
the
secoral
indices
were
positive.
The markets are supported by buying in technology, metal, banking, realty, FMCG, capital goods and auto. The contributers were Reliance Industries, Infosys, ITC, ICICI Bank, HDFC, L&T, HDFC Bank, SBI, Sterlite, TCS, Tata Steel, ONGC, Reliance Communication and Reliance Infrastructure.
BSE Midcap and Smallcap indices gained 3.5 per cent each.
The
BSE
Metal
Index
shot
up
8
per
cent
and
the
IT
Index
gained
7.6
per
cent.
The
BSE
Bankex
surged
6.75
per
cent.
Realty,
FMCG,
Capital
Goods
and
Auto
indices
went
up
over
5
per
cent.
Power
and
Oil
&
Gas
indices
rose
over
3.5
per
cent.
3:02
PM
BSE
Sensex
touches
12,000
mark
At
12:23
hours
IST,
the
30-share
BSE
Sensex
touched
the
12,000
mark
for
the
first
since
Oct
7,
2008.
The
Sensex
was
trading
at
12001,
up
598
points
and
the
Nifty
shot
up
154
points,
to
3,628,
at
12:23
hours
IST.
Broader
indices
-
BSE
Midcap
and
Smallcap
indices
gained
3-3.6%.
Buying interest is seen in metal, realty, technology, banking, capital goods and FMCG. Midcaps and smallcap also surged but the benchmark indices outperformed the broader indices.
IT,
Bank,
Realty
and
Capital
Goods
indices
went
up
over
5
per
cent.
01:10
PM
Indices
open
positive;
Nifty
hits
3,600
The
benchmark
indices
opened
higher
taking
cues
from
the
positive
Asian
markets.
National
Stock
Exchange's
(NSE)
Nifty
tested
the
3,600
mark
for
the
first
time
since
Oct
14,
2008,
while
Bombay
Stock
Exchange's
(BSE)
Sensex
was
trading
closer
to
the
12000
mark.
At
9:57
am,
the
Sensex
was
trading
at
11,917,
up
514
points
and
the
Nifty
surged
137
points,
to
3,610.
The
CNX
Midcap
went
up
2.5
pc
or
97
points,
to
3,957.
ICICI
Bank,
Tata
Steel,
Siemens,
ONGC,
SBI,
Reliance
Capital,
SAIL,
L&T,
Bharti,
HDFC,
Reliance
Communication,
Sterlite,
Axis
Bank,
HDFC
Bank
and
DLF
were
the
gainers
in
the
opening
trade.
10:20
AM
OneIndia News