Mkts end marginally high; ICICI, Reliance Infra up
Mumbai, Aug 5: After a volatile session, the 30-share BSE Sensex closed at 15,903.83, up 0.46 per cent or 72.85 points, and the 50-share NSE Nifty shut shop 13.65 points or 0.29 per cent higher, at 4,694.15.
Markets gained support from the shares of oil and gas, cement and technology companies. ICICI Bank, Reliance Infrastructure, Tata Power, Sterlite, Sun Pharma and Tata Motors were the other gainers.
Selling
continued
in
capital
goods,
realty,
metal,
FMCG,
banking,
select
telecom
and
auto
stocks,
which
capped
the
gains.
4:30
PM
Sell off puts pressure on Nifty; Metal, realty dip
Selling in FMCG, metal, banking, telecom, realty and capital goods continued to weigh on the markets. The markets are volatile. And buying was seen in buying support was seen from ONGC, Infosys, Reliance Infrastructure, ACC, BPCL and Sun Pharma.
At 2:30 pm, BSE Sensex was at 15,833.21, up 2.23 and NSE Nifty was at 4671.05, down 9.45 .
Among the sectors, the BSE Realty Index fell over 2 per cent. FMCG, Capital Goods, Metal and Auto indices slipped 1 per cent each. Bank and Power indices fell half a percent. However, Oil & Gas and IT indices gained 1 per cent each.
Among the midcaps, Great Offshore, Dishman Pharma, AstraZeneca, Thomas Cook and Bombay Rayon were gainers while JM Financial, Indiabulls Real, United Phosphorous, Exide Industries and Patni Computer lost.
In
the
smallcap
arena,
Agro
Tech
Foods,
India
Glycols,
PVR,
Ganesh
Housing
and
JB
Chemicals
gained
while
Swan
Mills,
Marathon
Nextgen,
Money
Matters,
Shree
Ram
Urban
and
Hexaware
Tech
dipped.
2:51
PM
Mkts
volatile;
FMGC,
telecom,
metal
under
pressure
Profit booking is back to haunt the markets which are trading amid volatility. The telecom, metal, FMCG, capital goods, banking, realty and power stocks were putting pressure on the markets.
At 11:34 am, Nifty was down 35 points, to 4,645 and the Sensex declined 85 points, to 15,745.
However, buying continued in Infosys, ONGC, Reliance Infrastructure, BPCL, Wipro and ACC.
The
top
losers
were
HDFC
Bank
down
2.06
per
cent;
DLF
down
1.97
per
cent;
ITC
down
1.89
per
cent;
Tata
Steel
down
1.86
per
cent;
Sterlite
Industries
down
1.84
per
cent;
Axis
Bank
down
4.48
per
cent,
ABB
down
3.08
per
cent;
NALCO
down
2.77
per
cent;
Siemens
down
2.74
per
cent
and
Ambuja
Cements
down
2.43
per
cent.
12:08
PM
Mkts
bounce
back;
TCS,
ICICI,
Wipro
gain
The markets have opened the day in green after seeing a marginally fall in the previous session. The markets are currently volatile. At 9:56 am, the NSE Nifty was up 17 points, at 4,697 and the BSE Sensex gained 68 points at 15,899.
The CNX Midcap rose 33 points, to 6,061 and the BSE Smallcap Index gained 42 points, to 6,376.
Technology and select metal stocks were witnessing buying interest and were supporting the markets. However FMGC was under pressure
The gainers among the frontliners were Infosys, Reliance Infrastructure, Ambuja Cements, Wipro, Sterlite Industries, TCS, ICICI Bank and ACC.
The losers were Axis Bank, HDFC, ITC, Siemens, HUL, Grasim, Idea Cellular, Tata Power and ONGC were the other losers.
The gainers among the midcaps were, ABG Shipyard up 5 per cent, Bharti Shipyard up 2 per cent, PVR up 6.5 per cent, Bank of Rajasthan up 2.8 per cent, Glenmark Pharma up 3.5 per cent, WWIL up 2.2 per cent and Mahindra Satyam up 2.5 per cent.
Ashok
Leyland
and
Essar
Oil
were
the
losers.
10:20
AM
OneIndia News