Mkts end on +ve note; Nifty ends above 4,500
Mumbai, Jul 23: Markets ended the day on a positive note after seeing two days of fall. The 30-share BSE Sensex shot up 387.92 points or 2.61 per cent, to shut shop at 15,231.04 and the 50-share NSE Nifty ended at 4523.75, up 2.84 per cent or 124.85 points.
Largecaps like Maruti Suzuki, Mahindra Satyam, ITC and ACC were positive contributers. Volumes remained above the Rs 1 lakh crore mark; total traded turnover was at Rs 1,01,981.66 crore as against Rs 1,19,647.60 crore.
The
market
breadth
was
in
favour
of
advances.
About
1864
shares
advanced
while
903
shares
declined
on
the
BSE
and
nearly
398
shares
remained
unchanged.
4:36
PM
Mkts
extend
rally;
Reliance,
Infy,
ICICI
up
The markets extend the positive rally on back of the buying seen across the sectors. At 1: 19 pm, Sensex was up 258.53 points or 1.74 per cent at 15101.65, and the Nifty was up 77.50 points or 1.76 per cent at 4476.40.
The broader indices were up 1.5 per cent each.
Sensex was gaining support from Reliance, Infosys, ICICI Bank, L&T and HDFC. Only three stocks were trading in negative, which were Bharti Airtel, Sun Pharma and ONGC.
The top gainers were Hindalco up 5.44 per cent, Sterlite Ind up 5.27 per cent, ITC up 4.45 per cent, Tata Motors up 3.91 per cent and DLF up 3.84 per cent.
The
gainers
among
Midcap
United
Breweries,
OnMobile
Global,
Blue
Star,
HT
Media
and
Birla
Corp
while
KRBL,
Eveready
Ind,
Jindal
Drilling,
Elantas
Beck
and
Hexaware
Tech
gained
on
the
Smallcaps.
2:18
PM
Mkts
continue
+ve;
broader
indices
gain
1.7pc
each
At 12:10 pm, the BSE Sensex was trading at 15,062.00, up 218.88 and NSE Nifty was at 4471.60, up 72.70. The markets were gaining support from upside in rate sensitive, infrastructure, metal, FMCG and technology stocks.
The braoder indices gained 1.7 per cent each and all the sectoral indices were in green.
Among the banking stocks, Kotak Mahindra, Axis Bank, ICICI Bank, Bank of Baroda, SBI and PNB were up 1.8 to 3.4 per cent. Union Bank and HDFC Bank were up 0.6 per cent each.
In Realty, stocks like Orbit Corporation, DLF, Indiabulls Real, HDIL and Unitech went up 2.7 to 4.5 per cent. Auto stocks like Tata Motors, M&M, Maruti Suzuki, Hero Honda, Bharat Forge, Bajaj Auto and Ashok Leyland were up 1 to 2.8 per cent.
In metals, Sterlite Industries, Hindalco, Tata Steel, JSW Steel, Jindal Saw, SAIL, Jindal Steel, Sesa Goa and Hindustan Zinc gained 2.2 to 4.8 per cent.
TCS, HCL Tech, Patni Computer, Infosys and Wipro went up 1.5 to 3 per cent in Technology stocks.
In
the
midcap
arena,
OnMobile
Global,
Blue
Star,
Opto
Circuits,
Era
Infra
Engg
and
United
Breweries
were
the
gainers,
while
Jindal
Drilling,
Swan
Mills,
Manappuram,
Elantas
Beck
and
Kesoram
gained
among
the
small
caps.
12:20
PM
Mkts
open
+ve;
SBI,
TCS,
Infy
gain
Markets have opened the day in green on back of positive asian cues, and buying in banking, telecom, realty and metal stocks. At 9: 57 am, the the BSE Sensex was up 229 points at 15,073, and the NSE Nifty was was up 69 points, to 4,468. The CNX Midcap and BSE Smallcap indices were up 1 per cent each, to 5,658 and 5,889, respectively.
The gainers were Suzlon Energy, Reliance Infrastructure, Reliance Communication, Tata Steel, Sterlite, DLF, Unitech, ICICI Bank, Reliance Capital, Hindalco, SBI, TCS, Infosys.
Bharti Airtel was up 3.5 per cent, Reliance Communication rose 3.5 per cent and Idea gained 3 per cent. However, Sun Pharma lost 7 per cent.
Among
the
midcaps,
IFCI
was
up
3
per
cent,
Mahindra
Satyam
rose
3.3
per
cent,
and
Biocon
surged
2.3
per
cent.
Indiabulls
Securities
and
Moser
Baer
went
up
3.5
per
cent
each.
WWIL
gained
1
per
cent
and
Jindal
Drilling
gained
7.5
per
cent.
The
looser
were
Deccan
Chronicle
lost
2
per
cent
and
Tech
Mahindra
fell
1
per
cent.
10:35
PM
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