Sensex ends flat; RIL, DLF, SBI dip
Mumbai, Sep 10: The Sensex ended the session flat but remained on the positive side for the fifth consecutive day. The Nifty also closed above the 4800 mark for third day in a row.
Heavyweights like Bharti Airtel, Infosys, ICICI Bank, BHEL and ITC supported the markets while selling in Reliance Industries, DLF, HDFC, SBI, HUL and Hero Honda capped the gains.
The 30-share BSE Sensex shed 218 points from an intraday high of 16,434.77 and closed 33.31 points higher at 16,216.86.
Volumes were very high, more than Rs 1 lakh crore. Total traded turnover was at Rs 1,01,849.49 crore as against Rs 78,551.9 crore on Wednesday.
The Nifty ended with just 5.15 points gain at 4,819.40, after shedding 69.65 points from day's high of 4889.05, which was its 52-week high as well as new 2009 high.
The
market
breadth
was
negative;
about
1,144
shares
advanced
while
1,760
shares
declined
on
the
BSE.
Nearly
293
shares
remained
unchanged.
4:22
PM
Sensex trading positive; RIL Infy, ICICI gain
At 01:10 pm, the Sensex was trading positive but off from its day's high of 16,434. Buying interest was seen in banks, pharma, metals and IT stocks.
However, some selling was seen in realty and auto stocks. Reliance, Infosys, ICICI Bank, ITC and Bharti Airtel were the positive contributors to the Sensex.
The
Sensex
was
up
76.12
points
or
0.47
pc
at
16259.67,
and
the
Nifty
was
up
19.90
points
or
0.41
pc
at
4834.15.
About
1303
shares
advanced,
1552
shares
declined,
and
340
shares
were
unchanged.
Top gainers on the Sensex were ICICI Bank at Rs 820.05 up 3.69 pc, Sterlite Ind at Rs 764.70 up 2.24 pc, Tata Motors at Rs 569.30 up 2.22 pc, Reliance Comm at Rs 304.25 up 1.60 pc and Tata Steel at Rs 466.05 up 1.34 pc.
However,
top
losers
on
the
Sensex
were
Hero
Honda
at
Rs
1,576.25
down
3.17
pc,
Jaiprakash
Asso
at
Rs
233.95
down
1.68
pc,
TCS
at
Rs
552.80
down
1.37
pc,
M&M
at
Rs
825.45
down
1.3
pc
and
Tata
Power
at
Rs
1,279.50
down
1.01
pc.
1:36
PM
Nifty trading strong; ICICI, Infy gain
At 11:04 am, the Nifty was trading strong and was holding above the 4850 level. Asia was also trading higher; Hang Seng, Nikkei, Straits Times and Kospi advanced 2 pc each.
Jakarta and Taiwan Weighted gained 1 pc each. Shanghai was trading with marginal gain.
Buying was seen in banking, technology, oil & gas, telecom, metal and capital goods stocks. However, selling in select stocks like Cairn, GAIL, Hero Honda, Grasim, ACC, Idea, Cipla and Tata Power capped the gains.
The
Sensex
was
up
129
points,
to
16,313
and
the
Nifty
up
34
points,
to
4,849.
The
broader
indices
were
up
0.5%
each.
The
market
breadth
was
marginally
positive;
about
1538
shares
advanced
while
1300
shares
declined
on
the
BSE.
Nearly
357
shares
were
unchanged.
12:15
PM
Mkts open positve; Sensex up by 222 pts
The Nifty opened strong following positive global cues and touched a new 2009 high as well as 52-week high of 4889.05.
Financial, real estate, telecom and metal stocks were witnessing buying interest. Big Heavyweight Reliance Industries was up 2 pc.
At 9:56 am, the Sensex was up 222 points, to 16,406 and the Nifty gained 67 points, to 4,880. The CNX Midcap was up 71 points, to 6,287 and the BSE Smallcap up 92 points, to 7,275.
Among the frontliners, ICICI Bank, Reliance Capital, Unitech, DLF, Bharti Airtel, Reliance Communication, Tata Steel, Sterlite Industries, HDFC, Tata Motors, Maruti Suzuki, Reliance Industries, Infosys and SBI were the leading counters.
However, Grasim and ITC were under selling pressure.
In Midcap Space HDIL and Indiabulls Real were up 2 pc. Sobha Developers shot up 7.5 pc, HCC, GMR Infra and GVK Power were up 2-3 pc. GIC Housing Finance was up 6 pc.
Assam
Company
rose
4.5
pc,
Chola
DBS
up
5
pc
and
Usha
Martin
up
2
pc.
However,
Jet
Airways
was
down
1.5
pc.
10:19
AM
OneIndia News