Nifty was in a consolidation mode for the day but closed in a positive note again for the sixth day. Asian markets also ended higher. 1642 shares advanced when 1464 declined and 206 shares remained unchanged on BSE.
Reliance shares were the most active in the market. The other active shares were Tata Steel, Sterlite Industries and Tata Motors. M&M was up by 3.5 percent.
MTNL, Bajaj Electrical, Gammon Infra, Honeywell Automation and Gammon Infra among the midcap space gained 6 to 10 percent. The losers were Kwality Diary, Sadbhav Engg, Syndicate Bank, Dena Bank and IFCI, which lost 2.7 to 6 percent.
Sensex wavy; M&M, Rel Cap, Tata Motors gains
At 2:20 pm, BSE Sensex was 17,482.07 up 69.24 points and NSE Nifty was 5235.40 up 13.05 points. Sensex remained wavy and Nifty was trading with positive bias.
Around 1735 shares advanced where as 1189 declined and 387 remained unchanged. BSE Midcap and Smallcap index were up by 0.6 to 0.8 percent, respectively.
Auto, IT, metal and telecom stocks witnessed buying where as oil & gas and FMCG stocks marked selling pressure.
Reliance traded down by 0.46 percent. Infosys also was down by 1.05 percent from its previous close. HPCL was trading 1.54 percent down.
The other losers were ITC which was 0.07 percent down and Hindustan Lever, 1.35 percent down.
The winners were M&M, Chairn India, Rel Capital, Tata Motors and Sterlite Industries, which surged by 2 to 3 percent.
Nifty continues in green; realty, auto, metal up
At 12:20 hrs, BSE Sensex was 17,486.81 up 73.98 points and NSE Nifty was 5239.95 up 17.60 points.
Nifty continued to trade higher. Technology, realty, metal, auto, private banking and select pharma companies shares witnessed buying.
Oil and gas, capital goods and select telecom companies' shares went down. The other losers in trade were Axis Bank, HUL, Sun Pharma, Hero Honda, SBI, Tata Power, PNB and Reliance Power.
The shares of Reliance Capital, Sesa Goa, Reliance Infrastructure, Sterlite Industries and Tata Motors were very active on the exchanges. Aviva Industries, Bajaj Hindustan Sugar, TT, TTK Prestige, McDowell Holding, IFB Agro and IFB Industries were up by 13 to 20 percent. Suven Life Science also went up by 5 percent.
Nifty opens in green; markets volatile
At 9:55 hrs, BSE Sensex was 17,486.50 up 73.67 points and NSE Nifty was 5239.30 up 16.95 points.
Benchmarks Nifty and Sensex started the day on positive note. CNX Midcap went up 25 points and BSE Smallcap went up 35 points. Around 540 shares advanced while 170 shares declined on NSE.
DLF, Cipla, Tata Motors, Cairn, Sterlite Industries, TCS, Infosys, Suzlon Energy, Wipro and Bharti witnessed buying interest.Tata Motors was up by 1.5 percent. Cipla surged by one percent.
Tata Power, Sun Pharma and BPCl were on the losing side.
Among the broader indices, Aban Offshore went up five percent. RNRL, Lanco Infratech, Karuturi Global and RCF witnessed buying of 2 percent each. Others who went up by 1.2 percent include TTML, Punj Lloyd and Appolo Tyres. Syndicate Bank plunged down by 3.5 percent.