Mkts end in green; Nifty above 4700 mark
Mumbai, Nov 4: The Sensex rallied over 500 points while the Nifty jumped nearly 150 points to close above the 4,700 mark.
The Sensex closed at 15,928, up 523 points and the Nifty was at 4,716, up 152 points, as per provisional data. The broader indices were up 2.4-4 pc.
Heavyweight Reliance Industries surged 5.5 pc. All the sectoral indices ended in the green.
The
BSE
Realty
Index
outperformed
other
indices,
jumped
over
10
pc.
Metal
Index
rose
5.5
pc.
IT,
Oil
&
Gas,
Bank,
Auto,
Healthcare,
FMCG
and
Power
indices
gained
2-4
pc.
4:17
PM
Sensex trading higher; Nifty up by 105 pts
At 01:16 pm, consistent buying in technology, realty, FMCG, oil & gas exploration, private banking and metal stocks helped the Sensex to extend gain.
The Sensex was trading at 15,781, up 376 points and the Nifty was at 4,669, up 105 points. The benchmark indices were underperforming the broader indices, which were up just 1-2 pc.
Reliance Industries, Infosys, ICICI Bank and DLF gained 4-6 pc. Jaiprakash Associates, Unitech, Hindalco, Ranbaxy Labs, Tata Steel and Sterlite Industries were up 4-7 pc.
Asian
markets
moved
up
further.
Hang
Seng,
Kospi
and
Taiwan
Weighted
were
up
2
pc
each.
Jakarta
rose
1
pc
and
Straits
Times
gained
0.9
pc.
Shanghai
and
Nikkei
were
up
over
0.4
pc.
1:58
PM
Mkts continue positive; realty, banks gain
At 10:58 am, the Sensex strengthened further. Positive Asian markets were supportive while buying in technology, banking, realty, FMCG, oil & gas exploration, cement and select auto stocks was helping as well.
The Sensex rose 287 points to 15,692 and the Nifty gained 82 points at 4,646. Among the broader indices, the BSE Midcap Index rose 1.6 pc and the Smallcap Index up 0.7 pc, as about 750 shares advanced while 429 shares declined on the NSE.
In the midcap space, Indiabulls Real, Amtek Auto, United Breweries, HDIL and Torrent Power surged 5.5-7.5 pc while KGN Industries, Hindustan Oil Exploration, Andrew Yule, Maharashtra Seamless and Spice Communication fell 2.5-4.5 pc.
In
the
smallcap
space,
Agro
Tech
Foods,
SREI
Infra,
Indiabulls
Securities,
Bliss
GVS
and
Bilcare
went
up
6-8
pc
while
Shree
Ram
Urban,
Webel
SL
Energy,
Prime
Securities,
Gayatri
Project
and
Panacea
Biotec
declined
5-10
pc
12:15
PM
Mkts open positive; Sensex up by 169 pts
The Sensex bounced back after six days of losses on the back of positive Asian cues. Buying was seen in high beta stocks. Telecom, realty, banking, select metal and technology stocks were the gainers in the early trade.
At 9:56 am, the Sensex rose 169 points to 15,574 and the Nifty went up 51 points ot 4,614. The CNX Midcap gained 105 points at 6,490. About 666 shares advanced while 148 shares declined on the NSE.
Among the frontliners, Hindalco, Unitech, Suzlon Energy, Jaiprakash Associates, Sterlite, DLF, ICICI Bank, Axis Bank, IDFC, Reliance Industries, M&M, Bharti Airtel, Idea, Reliance Communications, HCL Technologies and Infosys were the gainers.
However, selling in Hero Honda, ABB (on disappointing quarterly numbers), Tata Power, ITC, HUL, GAIL and Siemens capped the gains to some extent.
Asian
markets
were
trading
higher.
Hang
Seng
rose
1.77
pc
and
Taiwan
Weighted
gained
1.6
pc.
Shanghai,
Straits
Times,
Kospi
and
Jakarta
went
up
0.6-0.8
pc.
Nikkei
was
flat.
SGX
Nifty
rose
over
1
pc.
10:23
AM
OneIndia News