Sensex up 63 pts, heavy buying in Small and Midcaps

Mumbai, July 31: The BSE sensitive index (Sensex) today fell from a high of 10,853 reached in the mid-day trade, to close at 10743.88, which is 63 points more than the previous close.

The high reached during the day's trade was the result of strong buying noticed in the midcap and the smallcap sectors today, largely on account of steady to firm Asian markets.

The Sensex earlier opened positive at 10759.19 points tracking greener stocks in the South-East Asian markets, which in turn were influenced by the US Federal Reserve's announcement of no hike in the Fed rates in the month of August.

Similarly, the S&P CNX Nifty rose 12.40 points or 0.40 per cent, to close at 3143.20.

All the indices on the BSE today closed in the green, led by capital goods up 1.53 per cent at 7010.79 points, and followed by IT up by 1.40 per cent at 3951.13, Smallcap up by 1.31 per cent at 5131.48 and the Auto sector up by 1.29 per cent at 4476.87 points.

Major gainers on the index were BHEL up 3.94 per cent at Rs 2045.10, Satyam Computers up by 2.46 per cent at Rs 755.25, Maruti Udyog up by 2.36 per cent at Rs 786.50, ICICI was up by 2.08 per cent at Rs 554.05, Wipro was up by 1.87 per cent at Rs 491.30, SBI up by 1.68 per cent at Rs 810.05, Tata Motors up by 1.66 per cent at Rs 739.75, Reliance Communications was up by 1.60 at Rs 262.75, Cipla was up by 1.59 per cent at Rs 236.00 and Infosys was up by 1.52 per cent at Rs 1653.90.

Major losers on the index were HLL down by 4.13 per cent at Rs 232.25, Grasim down by 1.93 per cent at Rs 2076.55, Hindalco down by 0.90 per cent at Rs 161.15, HDFC down by 0.68 per cent at Rs 1174.80, ACC down by 0.67 per cent at Rs 842.90, Bharti Airtel down by 0.51 per cent at Rs 382.85, ONGC down by 0.45 per cent at Rs 1175.75, Dr Reddy's Lab down by 0.38 per cent at Rs 1396.95, Gujarat Ambuja Cement down by 0.24 per cent at Rs 104.70 and Tata Steel down by 0.19 per cent at Rs 496.80.

The breadth in the broader market was in favour of 1519 advances as against 922 declines, out of total 2514 scrips traded on the BSE.

UNI

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