Markets close on positve note; FIIs support
FIIs were net buyers to the tune of more than Rs 27,500 crore since Sep 6, 2010. On the flip side, Hero Honda, Bharti and Reliance Communications were the only losers.
The
upsurge
in
markets
has
created
vigour
among
investors
abroad.
The
Sensex
closed
at
20445.04,
up
375.92
points
and
the
Nifty
was
at
6143.40,
up
113.45
points.
4:40
pm
Trading continues in green; Nifty 100 pts up
At 2: 47 hrs the Sensex was trading at 20415.83, up 346.71 points and the Nifty was at 6135.40, up 105.45 points.
SAIL was trading at Rs 221.05, up 7.78 percent; Bajaj Bajaj Auto was at Rs 1,547, up 5.25 percent; Sesa Goa was at Rs 341.75, up 4.13 percent; Sterlite Industries was at Rs 173.25, up 3.80 percent.
Where as, Kotak Mahindra Bank was at Rs 494, up 3.72 percent; Tata Motors was at Rs 1,139.30, up 3.83 percent; Hindalco was at Rs 203.40, up 3.38 percent; DLF was at Rs 389.05, up 3.11 percent and Jindal Steel was at Rs 729.10, up 3.07 percent.
Orchid
Chemical,
IFCI,
Tata
Motors,
Unitech,
Tata
Steel,
Unitech
and
SBI
were
the
most
active
shares
on
exchanges.
2:50
PM
Trading continues on green; SAIL up
At 12:15 hrs BSE Sensex was trading at 20321.96, up 252.84 points and the NSE Nifty was at 6103.05, up 73.10 points.
SAIL was the top gainer on Nifty; rallied 6 percent. Where as other metal companies like Jindal Steel, Tata Steel, Sterlite Industries, Hindalco and Sesa Goa were up 1-2.3 percent.
Oil & gas space, Reliance Industries, Cairn and GAIL gained 1 percent each; BPCL was up 0.75 percent.
Where
as
Tata
Motors
surged
3.5
percent;
Bajaj
Auto,
M&M
and
Maruti
gained
3
percent
each,
and
Hero
Honda
fell
1
percent.
12:20
PM
Nifty opens on positive note
At 9:30 am, the Sensex was trading at 20195.50, up 126.38 points and the Nifty was at 6063.80, up 33.85 points.
M&M, Maruti, Suzlon Energy, Reliance Industries, SAIL, Tata Steel, Ranbaxy Labs, Sun Pharma, Kotak Mahindra Bank, ICICI Bank, PNB and IDFC were witnessing buying interest.
However, ABB, Hero Honda, Infosys, TCS and SBI were on sellers' radar.
TVS
Motor,
Ashok
Leyland
and
Hindustan
Motor
gained
2-4
percent.
Shree
Renuka
was
up
1.6
percent.
Delta
Corp,
Sesa
Goa
and
Ispat
moved
up
1.2
percent
each.
However,
Mahindra
Satyam
was
down
1
percent.
9:35
AM
OneIndia News