Mkts end higher on buying in RIL, TCS, Wipro, ITC
Mumbai, Mar 11: The indices which saw a dull trading session throughout the session, suddenly shot up just minutes ahead of the closing time. While Nifty gained about 30 points, Sensex shot up about 100 points.
BSE Sensex ended the day at 17,167.96 while NSE Nifty shut shop at 5133.40.
The
markets
gained
strength
from
the
buying
seen
in
heavyweights
Reliance
Industries,
TCS,
Bharti,
Wipro,
NTPC,
Infosys,
ITC
along
with
banking
and
pharma
stocks.
4:21
PM
Benchmarks marginally up, broader indices slip
The markets continue quiet in trade. While IT, consumer durables and banks were witnessing buying interest, selling continued in auto, FMCG, metals and capital goods stocks.
At 2: 28 pm, BSE Sensex was up 22.81 points or 0.13 per cent at 17121.14, and NSE Nifty up 8.70 points or 0.17 per cent at 5124.95. The broader indices had slipped to red.
Bharti Airtel was the top largecap gainer, while Sun Pharma, Sterlite Industries, TCS and NTPC rose 1 per cent each. Index heavyweight Reliance was trading up by 0.59 per cent. IT giant Infosys was up 0.77 per cent.
The losers were HUL down close to 4 per cent, Hindustan Lever down 3.96 per cent, cigarette major ITC down 0.04 per cent, and Hindalco, Hero Honda, Maruti Suzuki and Reliance Communications down 1 to 2 per cent.
Gammon Infra, Core Projects, CMC, Torrent Pharma and Pidilite Industries gained among the midcaps. The midcap losers were Sterlite Technologies, Shree Renuka, REI Six Ten, Balrampur Chini and MVL.
CenturyPlyboard,
Take
Solutions,
MSP
Steel,
Elantas
Beck
and
Aarti
Industries
were
up
in
the
smallcap
space.
However,
OM
Metals
Infra,
Atco
Corp,
Dhampur
Sugar,
Dalmia
Cement
and
Gee
Kay
Finance
lost.
2:
47
PM
Mkts gain marginally amid choppy trade
The Indices are witnessing choppy trade. However, the benchmarks gained marginally. At 12: 10 pm, BSE Sensex was trading at 17,109.12, up 10.79 while NSE Nifty was at 5120.00, up 3.75 points. The broder indices were trading flat.
The markets were gaining support from heavyweights like Bharti Airtel, NTPC, TCS, Reliance Industries, Infosys and ICICI Bank. Buying interest was also seen in Pharma and technology sectors.
However, capital goods, FMCG and auto stocks. ONGC, Power Grid, BPCL, SBI, PNB, HDFC continued to reel under selling. The other losers were ACC and Reliance Communications.
Gammon Infra, CMC, LIC Housing Finance, Thermax and Blue Star were midcap gainers while Sterlite Tech, KS Oils, REI Six Ten, National Fertiliser and Balrampur Chini declined.
In
the
smallcap
arena,
Century
Plyboard,
MSP
Steel,
Aditya
Birla,
Aarti
Industries
and
Dewan
Housing
gained
while
Man
Industries,
Gee
Kay
Finance,
Prraneta
Industries,
Kwality
Dairy
and
OM
Metals
Infra
lost.
12:
29
PM
Benchmarks open lower; Tata Steel, HUL dip
With no support from the global cues, the Indian markets opened the day on a quiet note. At 9:02 am, NSE Nifty was trading at 5114, down 1.5 points while BSE Sensex was at 17100, up 2 points.
However, the CNX Midcap was up 5 points to 7528.
The fronline losers were HUL down 1.5 per cent, and Tata Steel down 0.9 per cent, HDFC, Jaiprakash Associates, HCL Tech, ACC, Hero Honda and ITC also dipped.
The gainers were Ranbaxy Labs, Sulzon Energy, Wipro, Reliance Capital, SAIL, Bharti, TCS and Grasim.
Man Infraconstruction was up 46.7 per cent over its issue price of Rs 252 per share. It was trading at Rs 370.
In the midcap and smallcap arena, Texmo Pipes surged 4 per cent, GVK Power and Gammon Infra rose 1.5 per cent each, and Triveni Engg gained 0.5 per cent.
However,
Bajaj
Hindusthan,
Balrampur
Chini
and
Dhampur
Sugar
dipped
3
per
cent
each,
and
NMDC
was
down
3.6
per
cent.
9:
32
AM
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