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.
4:30
PM
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.
2:33
PM
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.
12:40
PM
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.
10:28
AM
OneIndia News