Sensex ends in positive; banks, metal gain
Mumbai, Nov 20: The Nifty strengthened in the second half of trade and recovered all previous day's losses. It closed above the 5,050 level while the Sensex above the psychological 17,000 mark.
Oil & gas, banking, metal, technology and cement were the major gainers.
The 30-share BSE Sensex closed at 17,032, gained 246 points and the Nifty rose 71 points to 5,059, as per provisional data.
Stocks
like
Bharti
Airtel,
Reliance
Power,
Suzlon
and
Reliance
Capital
fell
1.5-3
pc.
Maruti,
Reliance
Infrastructure,
Unitech
and
HCL
Tech
declined
around
0.5
pc.
4:00
PM
Nifty trading in the red; RIL, ICICI decline
At 12.06 am, the Nifty was trading marginally in the red. The markets were struggling to find direction on the either side. The Nifty was hovering around 4970.
The Sensex was down 26.50 points at 16759.15, and the Nifty was down 11.50 points at 4977.50. About 1443 shares have advanced, 1366 shares declined, and 621 shares were unchanged.
In the largecaps, top gainers on the Sensex were ACC up 2.2 pc; HDFC up 1.5 pc; Hero Honda up 0.91 pc, NTPC up 0.75 pc & Reliance Communication up 0.67 pc.
On
the
losing
side,
Reliance
Infra
was
down
1.83
pc;
ICICI
Bank
was
down
1.55
pc;
Wipro
was
down
1.36
pc;
Maruti
Suzuki
was
down
1.32
pc
&
Hindalco
Inds
was
down
1.16
pc.
1:26
PM
Nifty volatile; Wipro, ICICI Bank dip
At 11:03 am, the Nifty was witnessing volatility and trading in a narrow range with negative bias. Selling continued in technology, realty and select banking was keeping the markets lower.
The Sensex declined 54 points to 16,731 and the Nifty slipped 19 points to 4,969. The Nifty Nov future was trading with 4 points premium.
The market breadth was marginally positive; about 1,461 shares advanced while 1,330 shares declined on the BSE. Nearly 639 shares were unchanged. The broader indices were modestly higher.
In the largecaps, ACC, Hero Honda, HDFC, NTPC, Reliance Communications, Power Grid Corp and BPCL were up 0.8-1.9 pc.
However, Reliance Infrastructure, Wipro, ICICI Bank, Hindalco, Tata Steel, Reliance Capital, Unitech, Suzlon Energy and HCL Tech fell 1.3-2.7 pc.
In the midcap space, Monnet Ispat, Havells India, Jaiprakash Hydro, Atlas Copco and Thermax were up 3-5.6 pc while KGN Industries, Welspun Gujarat, Hindustan Oil Exploration, United Phosphorous and Patni Computer fell 2-4.6 pc.
In
the
smallcap
space,
Bliss
GVS,
Lakshmi
Energy
and
NDTV
went
up
7-11
pc
while
Sahara
One,
Kanani
Industries,
Rollatainers,
Resurgere
Mines
and
Oscar
Investment
lost
3-6
pc.
11:49
AM
Sensex choppy with negative bias; SBI, DLF dip
The Sensex started the day with a negative bias amid volatility following weak global cues. Realty, select infrastructure, metal, banking, auto and technology stocks were under pressure.
At 9:56 am, the Sensex was down 49 points at 16,736 and the Nifty fell 15 points at 4,974. The CNX Midcap declined 19 points to 7,063. About 225 shares advanced while 449 shares declined on the NSE.
Among the frontliners, ICICI Bank, SBI, M&M, Ambuja Cements, DLF, Unitech, Hindalco, Tata Steel, Sterlite Industries, Maruti, Cairn, Infosys and Jaiprakash Associates were the losers.
However, Suzlon Energy, Power Grid, SAIL, Cipla, ONGC, NTPC, Jindal Steel and HDFC were the other gainers.
Asian
markets
were
marginally
mixed.
Nikkei
and
Taiwan
Weighted
were
down
1
pc.
Shanghai
and
Hang
Seng
fell
0.4-0.65
pc.
However,
Jakarta
and
Straits
Times
gained
0.2-0.4
pc.
10:27
AM
OneIndia News