Mkts end higher; broader indices outperform
Mumbai, Jul 24: The markets ended the week on a positive note. Markets gained support from auto, realty and metal stocks, power, telecom, technology and capital goods stocks.
The 30-share BSE Sensex closed at 15,378.96, up 147.92 points or 0.97 per cent and the 50-share NSE Nifty went up by 0.99 per cent or 44.80 points, to settle at 4568.55.
The broader indices outperformed the benchmarks. BSE Midcap went up 1.7 per cent and Smallcap Index gained 1.8 per cent.
The gainers were Amtek Auto, Tata Motors, MRF, Ashok Leyland and Exide Industries surged up 6 to 11 per cent. And Hero Honda, M&M, Bosch, Cummins and Bajaj Auto gained 1 to 4 per cent.
Total traded turnover was at Rs 99,910.90 crore as against Rs 1,01,981.66 crore on Thursday, Jul 23.
Mkts bounce back; IT, Auto, Realty up
After seeing consolidation, the markets gained strength. At 1:45 pm, BSE Sensex rose 147 points, to 15,378. and NSE Nifty was trading at 4,569, up 46 points. The broader indices were up by 1.7 per cent.
Among the sectors, Auto, Realty, TECk, IT and Metal indices gained 2 to 3 per cent while Power and Capital Goods indices rose 1.7 per cent.
Among the largecaps, Tata Motors was up 7 per cent, Suzlon up 6 per cent; ONGC, Bharti, Infosys, DLF, BHEL, Maruti, Cairn, Tata Steel, Idea and Hero Honda were up 2 to 4.7 per cent; NTPC and TCS rose 1.5 per cent each.
The losers were, Reliance Industries, HDFC, SAIL, SBI, HDFC Bank, PNB, Ambuja Cements and Sun Pharma.
Benchmarks lose; selling in RCom, RIL, Siemens
At 11: 48 am, Sensex was down 27 points, to 15,203 and the Nifty fell 8 points, to 4,515. After seeing a strong rally on Thursday, Jul 23, the markets were consolidating at the current levels.
Buying interest was seen in Realty, auto, metal and technology stocks along with BHEL, Bharti, Idea, ABB and Ranbaxy Labs. However, FMCG and cement stocks along with Reliance Communication, SAIL, Reliance Industries, ONGC, Cipla and Siemens were witnessing selling.
Satyam, Suzlon Energy, Unitech, DLF, Tata Steel, ICICI Bank and Reliance Industries were the most active shares in the trade.
Surging 11 to 20 per cent, the top gainers were Rico Auto, Wendt, Hyderabad Industries, Shoppers Stop, Munjal Auto, GKW and Bhartiya International.
The top losers were Sarup Tanneries, Alfred Herbert, Sanwaria Agro, Money Matters, Voith Paper, Hitech Plast, Unichem Labs and AI Champdany.
Mkts open +ve; Infy trading above Rs 2000 mark
The Markets have opened in the green on the back of strong global cues especially led by the US markets. At 9:56 am, BSE Sensex was up103 points, at 15,334 and NSE Nifty was up 31 points, to 4,555 The CNX Midcap swent up 61 points, to 5,737 and the Nifty Junior gained 81 points, to 8,196.
The gainers among the frontliners were Suzlon Energy, Idea Cellular, Nalco, Reliance Power, Unitech, Infosys, ICICI Bank, Bharti Airtel, Tata Steel, Cairn, Jindal Steel & Power, L&T and DLF.
And Infosys was trading above Rs 2000 mark.
Ambuja Cements down 3.6 per cent and ONGC was down 1.5 per cent, along with ITC, GAIL and HUL were the losers.
Among the midcaps, Bhart Forge slipped 1.5 per cent, Hexaware Tech was down 2.5 per cent while GSPL surged 4.5 per cent, PNB Gilts gained 8.5 per cent, Alston Projects was up 2.6 per cent, Mahindra Satyam rose 3.8 per cent Aban Offshore went up 2.4 per cent and Maytas Infra shot up 5 per cent.