Weak European cues dip Sensex
Mumbai, Sep1:At 4.29 pm, weak European cues contributed to the downtrend of the Sensex although autos outplayed.
Selling was seen in capital goods, power, oil & gas exploration, realty, metal, pharma and banking company shares.
The
Sensex
ends
at
15,551.19
down
115.45
points
while
the
Nifty
ends
at
4625.35
down
36.75
points.
4:42PM
Realty, banking maintain Nifty at 4700 level
At 13:25 pm, realty, banking, metal, auto, oil and gas and cement stocks continued maintaining Nifty at 4700 level.
However, selling of BHEL, Idea, HCL Tech, Sun Pharma and Tata Power at higher levels deterred the gain.
The Nifty went up 56 points while the Sensex rose to 200 points.
The
BSE
Midcap
index
rose
by
1.1
per
cent
while
the
smallcap
index
went
up
by
1.6
per
cent.
2:01
PM
Nifty leaps to 4700 level recovering Aug 31 losses
At 10:56 am, Nifty rose above 4700 level and recovered the losses incurred on Monday, Aug 31, by buying in telecom, banking, FMCG, auto, realty, power, select capital goods and technology stocks.
The BSE Auto and Realty indices gained 2.2 to 2.5 per cent. TECk, IT, FMCG, Capital Goods, Oil & Gas and Metal indices rose from 1 to 1.6 per cent.
Maruti Suzuki, Hero Honda, Reliance Communication, Jaiprakash Associates, Tata Motors, Suzlon Energy and Reliance Capital were the top gainers.
NHPC,
Mahindra
Satyam,
Suzlon
Energy,
Unitech,
Reliance
Capital
and
Aban
Offshore
were
active
on
bourses.
12:16
PM
Positive Asian cue raises sensex
At 9:56 am, a positive Asian cue raised the Sensex to 126 points while Capital Goods, FMCG, realty, select telecom and banking stocks were drawing buying interest.
Bharti, ITC, DLF, Wipro, HCL Tech, L&T, Reliance Capital, Jindal Steel & Power and Tata Steel gained.
NHPC was trading above the issue price at Rs 36.9.
Midcap space:
Midcaps
like
like
Dhampur
Sugar,
Balrampur
Chini
and
Bajaj
Hindusthan
were
up
2%
each.
and
Matyas
Infra
locked
at
5%
upper
circuit
while
HOEC
gained
nearly
4%.
10:48
AM
OneIndia News