Mkts end on positive note; support SBI, Metal, DLF

Posted By: Samyuktha
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Mumbai, Oct 11: The benchmark Nifty closed the day on positive note and maintaining to 6100 supported by led by metal, healthcare, auto, SBI, Reliance,ICICI Bank and DLF.

The index bounced back with one percent gap up but the sell-off in technology, cement and FMCG companies' shares along with Bharti, ONGC, NTPC, HDFC Bank, BHEL and HDFC than 50 points from day's high of 6187.75 on Nifty during the day.

The 30-share BSE Sensex closed at 20,339.89, up 89.63 points and the 50-share NSE Nifty rose 32.40 points or to settle at 6,135.85.

The BSE Midcap Index was up 0.79pc and Smallcap up 1.3pc.
4:27 pm

Mkts positive amid volatility

At 2 pm, BSE Sensex was at 20,321.94, up 71.68 points and NSE was at 6125.65, up 22.20 points. The indices are trading amid volatility.

Metal, auto, oil& gas and realty stocks continued to be on the buyer's radar. However, profit booking was proving to be negative force on the markets.

Among the largecap gainers were Tata Motors, Kotak Mahindra Bank, Sterlite Industries, Ranbaxy Labs and Suzlon Energy while Bharti Airtel, TCS, HCL Tech, NTPC and HDFC Bank lost.
2:32 PM

Mkts continue green; auto, FMGC, metals gain

The markets continue to trade in the green. At 12: 10 pm, BSE Sensex was trading at 20,339.35, up 89.09 points and NSE Nifty was at 6134.90, up 31.45 points.

The indices gained support from sectors like oil & gas, metal, select financial along with auto, FMCG, healthcare and select power companies' shares despite volatility.

However selling in Bharti, TCS, NTPC, HDFC Bank, HDFC, BHEL and Tata Power capped the gains while some stocks slipped on profit booking.
12:16 PM

Mkts open strong on +ve cues; SBI, TCS, Infy up

The Indian benchmarks opened the day green riding on back of positive global cues. While Sensex opened 150 points up, Nifty was back above the 6150 level.

At 9:01 am, BSE Sensex was trading at 20419, up 168 points and NSE Nifty was at 6156, up 53 points.
Buying was seen in metal, realty, technology, financial and auto stocks.

The early frontline gainers were Tata Steel, SBI, Maruti, Wipro, Infosys, TCS, Suzlon Energy, ICICI Bank, Reliance Industries, DLF, Power Grid, Sterlite Industries, Tata Motors, Jaiprakash Associates, Sesa Goa, M&M and SAIL.

However Bharti Airtel was down 3 per cent. Reliance Communications was the other early loser on selling.

The CNX Midcap rose 98 points to 9502; about 777 shares advanced while 111 shares declined on NSE.

Nirma shot up 13 per cent to Rs 253 as against offer price of Rs 235/share; board decided to de-list company at Rs 235/share.

Early midcap and smallcap gainers were Hindustan Motors up 5 per cent, Kinetic Motor up 7 per cent, Binani Industries up 10 per cent, Fortis Healthcare up 2.3 per cent, Ashok Leyland up 2 per cent, Gujarat NRRE Coke up 2.5 per cent and Electrosteel Steels up 1.3 per cent.

Among the losers were Sujana Tower down 2 per cent, VIP Industries down 2.4 per cent, Career Point down 2 per cent and Koutons slipped 10 per cent.

Newly listed, Gallantt Ispat was trading at Rs 61, 22 per cent over issue price of Rs 50 share.
9:35 AM

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