Indian Markets end higher amid volatility
Mumbai, Dec 19: Amid volatility Indian markets ended high for the day. Telecom, realty, auto, capital, goods, power and metal shares supported the markets. It was the Reliance Industries which played a key role on Friday, Dec 19. NSE's 50 share Nifty touched 3100 mark during the day. Meanwhile 30-share BSE Sensex went up just 23.48 points or 0.23 per cent to 10,099.91, after hitting a high/low of 10,188.54 and 9,987.42, respectively.
Banking
stocks
were
also
up
during
the
day,
but
in
last
couple
of
hours,
they
turned
into
red
due
to
profit
booking.
04:00
PM
Market breathes positive amidst volatility
The markets are trading higher with some volatility. Buying is seen in metal, realty, auto, capital goods, power stocks as well as in Bharti Airtel, Reliance Communication and Reliance Industries. However, selling continues in ONGC, Satyam, TCS, Infosys, Ambuja Cements, SBI, ICICI Bank, HDFC Bank, HDFC and ACC.
The Sensex rose 97 points to 10,174 and the Nifty gained 44 points to 3,104 at 2:36 hours IST. BSE Midcap Index surged 2 per cent and Small Cap index went up 0.9 per cent.
Market
breadth
is
positive:
about
1,636
shares
have
advanced
while
1,135
shares
have
declined.
Nearly
430
shares
are
unchanged.
2:55
PM
Indian Markets trade higher; Telecom, infra gain
India's benchmark indices are trading higher amid some volatility. The Sensex gained 83 points and is at 10,159 and the Nifty went up 25 points to 3,086, at 11:00 hours IST. BSE Midcap and Small Cap indices rose 1-1.5 per cent. The leaders are Bharti Airtel, DLF, SBI, L&T, Wipro, Reliance Communication, Tata Steel, HDFC Bank, Sterlite Inds, Maruti, Unitech and BHEL
Telecom,
realty,
banking,
auto,
capital
goods,
pharma
and
power
stocks
are
on
buyers'
radar.
As
the
news
of
a
new
rate
cut
by
the
Reserve
Bank
of
India
is
spreading
rate
senstives
and
infrastructure
stocks
are
doing
high.
However
the
oil
stocks
like
Cairn
India
and
ONGC
continue
to
trail.
11:40
AM
Markets open volatile; Oil stocks dip
Indian markets opened marginally weak as the energy shares led by the crude slipped to $36 per barrel on the Nymex. At 9:57 am, the Bombay Stock Exchange's benchmark index Sensex went down 32 points to 10,043 and the National Stock Exchange's Nifty fell 5.45 points to 3,055.
Few
telecoms,
technology,
FMCG,
realty
stocks
are
supporting
markers,
while
oil
shares
are
dragging.
Meanwhile
Asian
markets
at
15,255.96
and
Jakarta
Composite
down
16.21
points
or
1.20
are
trading
mixed.
Hang
Seng
lost
241.85
points
or
1.56
pcpc
to
1,335.553.
Nikkei
fell
46.02
points
or
0.53
pc
to
8,621.21
and
Taiwan
Weighted
tumbled
27.07
points
or
0.58
pc
to
4,667.74.
Nymex
January
crude
declined
10
pc
on
Thursday,
Dec
18
and
down
22
pc
in
current
week.
10:05
AM
OneIndia News (With inputs from Agencies)