Mkts end higher; Sensex shuts shop above 15k
Mumbai, Aug 20: The indian markets ended the day higher on back of positive global cues. The BSE Sensex shut shop at 15,012.32, up 202.68 and NSE Nifty ended at 4453.45, up 59.35 points.
However, profit booking did weigh on the markets during the trade. Reliance Industries and L&T were 1.4 per cent and 2.4 per cent off from their highs. Bharti Airtel fell 1.34 per cent. Tata Motors, TCS, HUL, ACC, Hindalco were other stocks that dragged on the markets and closed flat.
China's Shanghai closed 4.52 per cent higher at 2,911.582 and other Asian markets were up 1.5 to 2 per cent except Taiwan.
European
markets
were
trading
1.5
perr
cent
higher
while
US
index
futures
up
0.5
per
cent
each.
4:
32PM
Global
cues
help
mkts;
all
sectoral
indices
green
At 2:13 pm, the BSE Sensex was trading at 15,080 up by 272 points, and the NSE Nifty was at 4,473 went up 79 points. The broader indices also went up 1.3 per cent each.
The indian markets continue to trade positive on back of strong global cues.
Shanghai jumped 4.5 per cent and other Asian markets jumped 1.5 to 2 per cent expect Taiwan; European markets also up 1 to 1.5 per cent and US index futures up 0.4 to 0.5 per cent. With all these indices trading in green, Indian equities are on their way to recover from the Wednesday, Aug 19 losses.
All
the
sectoral
indices
were
in
green.
The
BSE
Auto,
Metal,
Bank,
Realty
and
Capital
Goods
indices
gained
2
to
3
per
cent.
Power,
Oil
&
Gas,
IT
and
TECk
indices
were
up
by
1
to
1.8
per
cent.
2:34
PM
Mkts +ve; benchamarks and broader indices up
At 11 am, Sensex was up 239 points, to 15,048 and the Nifty rose 67 points, to 4,460. The broader indices gained over 1 per cent.
Buying across the secors is supporting Nifty. Oil & gas exploration, metal, capital goods, banking and power stocks were trading higher.
The new entrant, Adani Power was trading at Rs 99 per share.
All sectoral indices were in the green. Auto, Metal, Capital Goods, Oil & Gas, Realty, Bank, Power and IT indices were up 1.5 to 2 per cent.
Among
the
50
stocks
on
the
Nifty,
BPCL
was
the
only
one
trading
down.
12:
18
AM
Mkts open green; buying in banks, real estate
The Indian markets bounced back on back of positive global cues and buying interest in banks, real estate, oil & gas exploration companies.
At 10:01 am, the Nifty was up 83 points, to 4,477 and the Sensex gained 287 points, to 15,096. The broader indices were up 1 per cent each.
The gainers among the frontliners are Sterlite Industries, Cairn India, SBI, Tata Steel, SAIL, Hindalco, Unitech, Grasim, DLF, Sun Pharma, Hero Honda, Reliance Infrastructure, ONGC, Infosys, M&M and Cipla.
Among the midcaps, KPIT Commins, Sasken Comm, Firstsource and HOEC gained. Puravankara Projects surged 10 per cent. However, Mphasis down 1 per cent post numbers and Glenmark down 2 per cent were the losers.
Shanghai
which
caused
the
Indian
markets
to
slump
on
Monday,
Aug
17
and
Wednesday,
Aug
19
jumped
2
per
cent
in
the
current
session.
10:21
AM
OneIndia News