Mkts remain positive, close on a high
Mumbai , June 4 : At 16:30 hrs The Sensex closed 17117, up 95 points and the Nifty rose 25 points to 5135. The benchmark Nifty closed higher for third consecutive day on positive European cues.
The indices were consolidated in the first half of trade due to lack of global cues while in the second half of trade, the markets strengthen on the back of strong global cues.
Financial (barring HDFC Bank), telecom , FMCG, auto and select technology companies' shares helped the Nifty to stay above 5100 and Sensex above 17100 levels. However, selling in metal companies' shares along with ONGC, HDFC Bank, BHEL, Ambuja Cements, Kotak Mahindra Bank, Tata Power and Unitech capped the Nifty to surpass 5150 level today.
16:30
PM
Mkts open in red; Nifty wavery
Mumbai, Jun 4: At 9:50 hrs, BSE Sensex was 16,980, down 41.78 points and NSE Nifty was 5097.60, down 12.90 points.
Benchmark Nifty began the day, hovering. Sensex was down 20 points and Nifty was down by 8.75 points, when the markets opened.
Markets were consolidating as the CNX Midcap went on red by 6 points where as BSE Smallcap Index went on green by 7 points.
349 shares advanced where as 305 declined on NSE.
HUL revived 3 percent among the frontliners. BPCL, ONGC, Cairn and GAIL went high by 1 percent. Oil India went up by 2 percent.
Reliance Communication, Hindalco, Tata Steel, Sterlite India, Bharti Airtel, Jindal Steel and Power, Idea Cellular, Suzlon Energy and Sterlite Industries witnessed pressure.
Among
the
broader
indices,
Shree
Renuka
was
up
by
1
percent
and
Rana
Sugars
was
up
by
3
percent.
Lakshmi
Vilas
Bank
and
UCO
Bank
were
also
in
green.
Sesa
Goa,
Gujarat
NRE
Coke,
Havells
and
Godrej
Consumer
plunged.
10:20
AM
OneIndia News