Nifty ends flat; RIL was the biggest dragger
Mumbai, Sep 17: After hitting the 5k mark, Nifty closed the session on a flat note. While selling was also seen in oil & gas, realty and metal stocks, index heavyweight Reliance Industries proved to be the biggest dragger of the day.
BSE Sensex closed up by 34.07 points or 0.20 per cent at 16711.11, while NSE Nifty shut shop at 4948.60, down by 9.80 points or 0.20 per cent.
Top losers were Reliance down 4.45 per cent, Tata Steel down 1.97 per cent, ITC down 1.02 per cent, NTPC down 0.71 per cent and Hero Honda down 0.65 per cent while the top gainers were ACC up 3.65 per cent, Hindalco up 3.62 per cent, Jaiprakash Asso up 3.28 per cent, Bharti Airtel up 3.13 per cent and Maruti Suzuki up 3.08 per cent.
Sensex volatile; Reliance Infra, Tata Steel lose
At 1: 23 pm, the Sensex was up 18.31 points or 0.11 per cent at 16695.35. The Nifty was up 5.10 points or 0.10 per cent at 4963.50.
Selling was seen in oil & gas, metal and realty stocks while Reliance, ITC, NTPC, Tata Steel and Jindal Steel were negative contributors to the bourses.
Top percentage gainers on the BSE were Bannari A Spg, Jet Airways, Classic Diamond, SpiceJet and Albert David were up 14 to 20 per cent and top gainers on the Sensex were ACC up 3.53 per cent, Bharti Airtel up 3.20 per cent, Wipro up 3.14 per cent, Tata Power up 2.54 per cent and TCS up 2.17 per cent.
Top losers on the Sensex were Reliance down 4.29 per cent, Tata Steel down 1.73 per cent, Reliance Infra down 1.34 per cent, NTPC down 0.81 per cent and Hero Honda at Rs 1,668 down 0.36 per cent.
Top losers on the Nifty were BPCL down 4.75 per cent, Reliance down 4.52 per cent, Unitech down 2.64 per cent, SAIL 2.06 per cent and Suzlon Energy down 2.03 per cent.
Top gainers on the Sensex were ACC at Rs 827 up 3.53%, Bharti Airtel at Rs 433.45 up 3.20%, Wipro at Rs 572.30 up 3.14 per cent, Tata Power at Rs 1,337.95 up 2.54% and TCS at Rs 582.60 up 2.17 per cent.
Nifty hits 5k mark for 1st time since May 2008
Led by buying interest in telecom, technology, banking, capital goods, FMCG, cement, pharma and auto stocks, Nifty has touched the 5000 mark for the first time since May 2008.
At 10:55, NSE Nifty gained 42 points to reach 5,001 and the BSE Sensex was up 140 points at 16,819. The broader indices were following the suit and were up 0.8 per cent each.
However, Reliance Industries continued to dwell in the red zone and was down over 2 per cent while Oil marketing companies like HPCL and BPCL slipped 2.5 per cent, and IOC declined by 1 per cent.
11: 27 AM
Mkts open +ve; metal, banking stocks up
The markets opened the day in the green on the back of positive global cues while Metal, banking, capital goods and cement stocks gained early.
At 9:56 am, the Sensex was up 83 points at 16,762 and the Nifty was up 31 points at 4,989. The CNX Midcap went up 36 points at 6,521.
The gainers among the frontliners were HCL Tech, Ranbaxy, Tata Steel, SAIL, ACC, ICICI Bank, HDFC, ITC, BHEL, L&T and Wipro.
Index heavyweight, Reliance Industries was down over 2 per cent.
Among the midcaps, Bharati Shipyard was up 7 per cent, Great Offshore gained 2 per cent and ABG Shipyard was up 1.5 per cent, Classic Diamonds surged 15 per cent and Arvind Remedies was up 7 per cent and TVS Motor went up by 2.5 per cent.