Mkts end +ve; broader indices outperform
Mumbai, Jun 24: The 30-share Sensex was up 98.72 points or 0.69 per cent, to end at 14,422.73. The 50-share NSE Nifty closed at 4292.95, up 1.08 per cent or 45.95 points.
The benchmarks shut shop on a positive note due to buying in infrastructure (capital goods + power), telecom, cement, realty, technology and select pharma stocks and ONGC. Positive global cues too helped the markets.
However, the gains were capped by gains due to sell off in Reliance Industries, HDFC, HDFC Bank, ICICI Bank, Sterlite, Nalco and PNB.
The
broder
indices
outperformed,
BSE
Midcap
Index
was
up
117.50
points
or
2.38
per
cent,
to
5,059.84
and
the
Smallcap
Index
closed
at
5,719.03,
up
2.26
per
cent
or
126.63
points.
4:30
PM
Mkts +ve; TCS, Wipro, Reliance Infra gain
At
1:49
pm,
Sensex
was
up
105.83
points
or
0.74
per
cent
at
14429.84,
and
the
Nifty
was
up
45.75
points
or
1.08
per
cent
at
4292.75.
Mkts
The
markets
recovered
and
were
trading
with
good
gains.
Realty,
power,
capital
goods,
pharma
and
IT
stocks
saw
buying
and
stocks
like
Infosys,
L&T,
Bharti
Airtel,
ITC
and
SBI
were
positive
contributors
to
the
Sensex.
TCS at Rs 384.50 up 5 per cent, Jaiprakash Asso at Rs 209.40 up 4.02 per cent, Wipro at Rs 391.40 up 3.93 per cent, Reliance Infra at Rs 1,263.85 up 3.30 per cent were the top gainers on Sensex.
Sterlite Ind at Rs 564.60 down 2.18 per cent, ICICI Bank at Rs 687.50 down 1.43 per cent, HDFC at Rs 2,331 dwon 1.04 per cent, HDFC Bank at Rs 1,474.35 down 0.75 per cent, M&M at Rs 703.50 down 0.06 per cent proved to be the top losers on the Sensex.
Sun
Pharma
was
up
3.08
per
cent
and
was
trading
at
Rs
1,320.50.
2:07
PM
Benchmarks rangebound; HDFC, ICICI, Tata Steel dip
The markets that opened positive lost some of its gains. However, positive global cues are supporting the markets and capping the losses.
At 11:20 am, BSE Sensex was at 14263.72, down 60.29 points or 0.42 per cent and NSE Nifty was at 4242.95, down 4.05 points or 0.10 per cent. BSE Midcap Index was up 0.80 per cent and BSE Smallcap Index moved up 0.82 per cent.
The gainers on the Sensex were Tata Power, Sun Pharmaceuticals, Tata Motors, Reliance Communications and Hindalco while Sterlite Industries, HDFC, ICICI Bank, Tata Steel and Maruti Suzuki lost.
Among
the
sectors,
BSE
Capital
Goods
Index
was
up
1.03
per
cent,
BSE
Healthcare
Index
moved
0.95
per
cent
higher
and
BSE
Power
Index
gained
0.67
per
cent.
However,
BSE
Metal
Index
was
down
0.80
per
cent
and
BSE
Bankex
declined
0.72
per
cent.
12:43
PM
Mkts
open
positive;
buying
in
Metal,
Infra
stocks
The markets opened the day on a positive note. It is trading higher amid volatility. At 9:56 am, the Nifty was up 20 points at 4,267 and the Sensex rose 47 points, to 14,371. The CNX Midcap 100 gained 42 points at 5,344 and the Nifty Junior was up 70 points, to 7,670.
Markets open green on back of buying in metal and some infrastructure stocks. However, selling was seen in private banking and FMGC stocks.
The gainers among the frontliners were Hindalco, BHEL, Bharti Airtel, DLF, Axis Bank, Ambuja Cements, Reliance Communication, Suzlon, Nalco, L&T, Reliance Power, SAIL and Tata Motors. The losers were HDFC Bank, ICICI Bank, Maruti Suzuki, ITC, Infosys, HDFC and HUL.
Among the midcap space, IndusInd Bank, Yes Bank and IDBI Bank were witnessing pressure. Grreat Offshore went up by 2 per cent. Ahead of Railway budget, Texmaco, Kalindee Rail and BEML saw buying interest.
Punj
Lloyd
surged
1
per
cent,
RNRL
went
up
0.5
per
cent
while
Religare
Enterprises
fell
1.3
per
cent.
10:26
AM
OneIndia News