Nifty ends in green, oil and gas up
Mumbai, Jul 8:At 4:45 pm, BSE Sensex was 17651.73 up 180.70 points and NSE Nifty was 5296.85 up 55.75 points. Nifty closed the day above 5200 points. Short covering as well as positive global cues helped the markets to stay strong for the whole day.
PSU oil & gas companies' shares witnessed huge buying interest.
Top gainers were BPCL up 6 percent, HPCL was up 3.5 percent, GAIL was up 2 percent, IOC was up 2.2 percent, ONGC was up 1.6 percent, Cairn India was up 1.6 percent and Reliance Industries was up 0.34 percent.
Top gainers in financial space was SBI up 2.3 percent, ICICI Bank was up 1.9 percent, Kotak Mahindra Bank and IDFC were up 1 percent each.
Top
losers
were
ACC
lose
by
1.32
percent,
Sun
Pharma
lose
by
1.05
percent,
Power
Grid
Corp
lose
by
0.68
percent
and
Reliance
Infra
lose
by
0.56
percent.
4:45
PM
Sensex
gains
200
pts,
realty,
metal,
IT
gain
At 2:10 Hrs BSE sensex was trading with positive bias with 218.14 points surge and the NSE Nifty was up 67.35 points.
Realty, metal, IT, oil&gas and banking stocks were enjoying buying interest.
However, BPCL, Sterlite Industries, Unitech, SBI and Larsen, HUL, Tata Power, Sun Pharma and NTPC were top losers in Nifty.
Blue Dart, Bharat Forge, Akzo Nobel, Godrej Industries and Sadbhav Engineering were up by 5-6.5 percent on BSE Midcap.
Where
as
TV
18,
Bajaj
Holdings,
Gee
Kay
Finance
and
AstraZeneca
were
down
2.5-11.5
percent
on
BSE
Midcap.
2:40
PM
Sensex soars up above 250 points
The Sensex soared up more than 250 points with the support from all the sectors.
Realty, metal, financials, technology, capital goods and oil & gas were the leading sectors.
Uptrends and shortcovering in US market were helpling the market on Wednesday, Jul 7.
Wall Street gained 3 percent led by financials, where world's second-largest custody bank, State Street gave an upbeat outlook & talks that European stress tests may assume a 17 percent loss on Greek bonds.
12: 09 pm, the Sensex was trading at 17718, up 247 points and the Nifty was at 5314, up 73 points. About 1096 shares advanced while 141 shares declined on NSE.
Sterlite Industries, Tata Steel, ICICI Bank, SBI were among the top gainers trading at Rs 164.40, Rs 485.75, Rs 864, Rs 2,352.30 repectively.
REI Six Ten, Prakash Inds, GTL were the gainers among the midcap space.
English
India,
Thinksoft,
Koutons
Retail
were
the
gainers
among
the
smallcap
space.
However,
Aegis
Logistics,
Forbes
Gokak,
TCI
Industries,
Nalwa
Sons
and
Modern
India
fell
1.7-3
percent.
12:15PM
Global
cues
take
Nifty
above
5300
mark
After weak trading in the previous session due to selling, the benchmarks have opened the day on a strong note on good global cues.
At 9:01 am, the Nifty was trading at 5302, up 61 points and the Sensex was at 17677, up 206 points.
This is the first time the Nifty shot up above the 5300 mark, after consolidating around 5200-5300 for three weeks.
Hindalco, Tata Steel, Tata Motors, Wipro, Sterlite Industries, Cairn, SAIL, Unitech, DLF, Infosys, TCS, ICICI Bank, Kotak Mahindra Bank, ONGC and SBI were the frontline gainers.
Reliance Industries gained 1.2 per cent.
PNB
and
HUL
were
the
early
losers.
9:
27
AM
OneIndia News