Sensex closes 213 points higher
Mumbai, Aug 2: Sensex closed 213 points higher supported by global cues and buying in heavyweights like ICICI Bank.
At 4.25 hrs, BSE Sensex was 18081.21 up 212.92 points and NSE Nifty was 5431.65 up 64.05 points.
The top gainers were PNB up 4.47 percent, ICICI Bank up 3.83 perecent, Bharati Airtel up 3.67 percent and SBI up 3.33 percent.
The
top
losers
were
ABB
down
1.00
percent,
Reliance
Power
down
0.85
percent,
SAIL
down
0.42
percent
and
NTPC
down
0.33
percent.
04:25
PM
Sensex gains 200 pts on buying in rate sensitives
While Sensex was holding on to the 18k mark, Nifty continued above the 5400 mark with a positive bias. Buying in rate sensitives like banks, realty and metal stocks as well as positive cues from European markets have helped the Indian indices sustain their uptrend.
At 2:00 pm, BSE Sensex was at 18,079.15, up 210.86 points and NSE Nifty was at 5430.05, up 62.45 points.
Up 2 to 4 per cent, Bharti Airtel, PNB, ICICI Bank, ONGC and SBI were the largecap gainers while ABB, Reliance Power, SAIL, BPCL and NTPC lost 0.2 to 0.7 per cent.
Among the heavyweights, Reliance was up 0.53 per cent, refinery major HPCL was up 0.42 per cent, Tech major Infosys was trading up 0.29 per cent, Cigarette major ITC was trading up 1.34 per cent and Hindustan Lever was up 1.14 per cent.
Among the midcaps, Manappuram, GSFC, Man Infra, Hind Nat Glass and Shriram City were up while Rei Agro, Infotech Enterprises, Trent, Gujarat Flourochem and KEC International dipped.
The
smallcap
gainers
were
AP
Paper
Mills,
Page
Industries,
Karuturi
Global,
Gemini
Communications
and
Future
Capital.
However,
Nagarjuna
Agrichem,
Voltamp
Transformers,
Nucleus
Software,
Orient
Abrasive
and
Globus
Spirits
slipped.
2:
06
PM
Sensex above 18k mark with 25 shares in green
After opening the day green on Asian cues, the benchmarks continue to trade in the positive terrain with help from financial, capital goods, auto, metal, FMCG, oil & gas exploration and telecom companies' shares.
With support from 25 out of 30 shares, BSE Sensex has surged above the 18k mark and NSE Nifty is trading above 5,400 mark.
At 12 pm, BSE was at 18,041.30, up 173.01 points, and NSE Nifty was at 5421.45, up 53.85 points.
Among
the
top
gainers
were
Bharti
Airtel
up
3.41
per
cent,
ICICI
Bank
up
2.91
per
cent,
PNB
up
2.48
per
cent;
GAIL
up
1.54
per
cent;
Unitech
up
1.54
per
cent;
Maruti
Suzuki
up
1.33
per
cent;
BHEL
up
1.16
per
cent
and
SBI
up
1.13
per
cent.
12:
09
PM
Mkts open positive on supportive Asian cues
Riding on supportive cues from Asian markets, the Indian indices started the week on a positive note. At 9:01 am, BSE Sensex was trading at 18033, up 163 points and NSE Nifty was at 5417, up 49 points.
The CNX Midcap rose 65 points to 8480 on the opening bell.
The early frontline gainers were Bharti Airtel, Tata Motors, IDFC, Sterlite Industries, Hindalco, Sterlite, Tata Steel, Suzlon, Cairn India, DLF and SBI.
On asset quality improvement in Q1FY11, ICICI Bank surged 2.2 per cent.
However,
ABB,
Infosys
and
Idea
were
on
the
losing
side.
9:
23
AM
OneIndia News