Nifty ends above 5250; Hero Honda up 4 pc
Mumbai, Mar 25: The benchmark Nifty closed above the 5250 on last day of Mar series.
The 30-share BSE Sensex closed at 17,558.85, up 107.83 points or 0.62 pc and the 50-share NSE Nifty rose 0.67 pc or 35.10 points to settle at 5,260.40.
Banking, FMCG, capital goods, realty, select technology and telecom companies' shares witnessed buying interest.
Infosys and Bharti remained leader since beginning of trade today while Hero Honda, Hindalco, Sun Pharma and Reliance Power rose 3.5-4.6 pc.
However,
ONGC,
NTPC,
HDFC,
Tata
Motors,
Maruti,
ACC,
Reliance
Communications,
BPCL,
ABB,
Tata
Power,
Ranbaxy,
Grasim
and
Suzlon
Energy
saw
selling
pressure.
Heavyweight
Reliance
Industries
was
flat.
4:11
PM
Nifty
trades
in
narrow
range;
metal,
banks
dip
At
12:12
pm,
the
50-share
NSE
Nifty
continued
to
see
marginal
selling
pressure
amid
volatility.
The Sensex was trading at 17402.92, down 48.10 points and the Nifty was at 5210.30, down 15 points.
The broader indices were flat and the market breadth was mixed. About 1404 shares advanced while 1484 shares declined on the BSE. Nearly 334 shares were unchanged.
On the one side, shares of cement, capital goods, power, oil & gas, auto, metal and select banking & financial companies were trading weak.
However, Infosys, Bharti Airtel, HDFC Bank, Reliance Power, Cairn, HUL, ITC, Jindal Steel, PNB, Jaiprakash Associates, Idea Cellular, Sun Pharma, Siemens, Hindalco, Hero Honda, DLF, Cipla and Reliance Infrastructure were seeing buying interest.
Top losers were Tata Motors slipped 2 pc and ACC was down 2 pc. HDFC, Maruti Suzuki, Tata Steel and GAIL were down 1.3-1.7 pc.
Top
percentage
gainers
were
Panacea
Biotec
and
Choice
Financial
shot
up
20
pc
each.
Bajaj
Steel,
Ajanta
Pharma,
Natco
Pharma,
Cholamandalam
and
Hb
Stockholding
were
up
15-17.5
pc.
1:21
PM
Sensex trading lower; RIL, ONGC, SBI dip
At 10:41 am, the 30-share BSE Sensex was trading marginally lower amid volatility.
The Sensex was trading at 17407, up 43 points and the Nifty was at 5211, up 14 points.
The market breadth was mixed; about 1451 shares advanced while 1401 shares declined on the BSE. Nearly 370 shares were unchanged.
Oil & gas exploration, capital goods, banking (except HDFC Bank), cement, metal, auto and select power companies' shares were witnessing selling pressure.
However, buying in FMCG, pharma and select telecom companies' shares along with Infosys, Reliance Power, HDFC Bank, Cairn, Jindal Steel, Hero Honda, Jaiprakash Associates, Hindalco and DLF capped the losses to some extent.
Major
Asian
markets
were
also
under
pressure.
Hang
Seng
and
Shanghai
slipped
1.2
pc
each.
However,
Nikkei,
Straits
Times,
Kospi
and
Taiwan
were
marginally
in
the
green.
11:21
AM
Nifty volatile in trade; HDFC, SBI, RIL dip
The benchmark Nifty was volatile in opening trade and was hovering around its previous closing value.
At 9:02 am, the Sensex was trading at 17,446, down 5 points and the Nifty was at 5220, down 5 points.
However, the BSE Smallcap Index was up 14 points to 8461 and Smallcap up 17 points to 7605. About 406 shares advanced while 293 shares declined on the NSE.
Among the frontliners, HDFC, ICICI Bank, SBI, Axis Bank, Tata Motors, PNB, NTPC, Suzlon Energy, Reliance Industries and Cipla were losers.
Reliance Power, Cairn India, Tata Power, Reliance Infrastructure and Siemens were gainers.
Asian
markets
were
trading
mixed.
Hang
Seng
was
down
1.34
pc,
Shanghai
down
0.89
pc,
Taiwan
down
0.7
pc
and
Straits
Times
down
0.2
pc.
However,
Jakarta
fell
1
pc.
Nikkei
and
Kospi
were
flat.
9:48
AM
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