Mkts end on positive note; support SBI, Metal, DLF
The index bounced back with one percent gap up but the sell-off in technology, cement and FMCG companies' shares along with Bharti, ONGC, NTPC, HDFC Bank, BHEL and HDFC than 50 points from day's high of 6187.75 on Nifty during the day.
The 30-share BSE Sensex closed at 20,339.89, up 89.63 points and the 50-share NSE Nifty rose 32.40 points or to settle at 6,135.85.
The
BSE
Midcap
Index
was
up
0.79pc
and
Smallcap
up
1.3pc.
4:27
pm
Mkts positive amid volatility
At 2 pm, BSE Sensex was at 20,321.94, up 71.68 points and NSE was at 6125.65, up 22.20 points. The indices are trading amid volatility.
Metal, auto, oil& gas and realty stocks continued to be on the buyer's radar. However, profit booking was proving to be negative force on the markets.
Among
the
largecap
gainers
were
Tata
Motors,
Kotak
Mahindra
Bank,
Sterlite
Industries,
Ranbaxy
Labs
and
Suzlon
Energy
while
Bharti
Airtel,
TCS,
HCL
Tech,
NTPC
and
HDFC
Bank
lost.
2:32
PM
Mkts continue green; auto, FMGC, metals gain
The markets continue to trade in the green. At 12: 10 pm, BSE Sensex was trading at 20,339.35, up 89.09 points and NSE Nifty was at 6134.90, up 31.45 points.
The indices gained support from sectors like oil & gas, metal, select financial along with auto, FMCG, healthcare and select power companies' shares despite volatility.
However
selling
in
Bharti,
TCS,
NTPC,
HDFC
Bank,
HDFC,
BHEL
and
Tata
Power
capped
the
gains
while
some
stocks
slipped
on
profit
booking.
12:16
PM
Mkts open strong on +ve cues; SBI, TCS, Infy up
The Indian benchmarks opened the day green riding on back of positive global cues. While Sensex opened 150 points up, Nifty was back above the 6150 level.
At
9:01
am,
BSE
Sensex
was
trading
at
20419,
up
168
points
and
NSE
Nifty
was
at
6156,
up
53
points.
Buying
was
seen
in
metal,
realty,
technology,
financial
and
auto
stocks.
The early frontline gainers were Tata Steel, SBI, Maruti, Wipro, Infosys, TCS, Suzlon Energy, ICICI Bank, Reliance Industries, DLF, Power Grid, Sterlite Industries, Tata Motors, Jaiprakash Associates, Sesa Goa, M&M and SAIL.
However Bharti Airtel was down 3 per cent. Reliance Communications was the other early loser on selling.
The CNX Midcap rose 98 points to 9502; about 777 shares advanced while 111 shares declined on NSE.
Nirma shot up 13 per cent to Rs 253 as against offer price of Rs 235/share; board decided to de-list company at Rs 235/share.
Early midcap and smallcap gainers were Hindustan Motors up 5 per cent, Kinetic Motor up 7 per cent, Binani Industries up 10 per cent, Fortis Healthcare up 2.3 per cent, Ashok Leyland up 2 per cent, Gujarat NRRE Coke up 2.5 per cent and Electrosteel Steels up 1.3 per cent.
Among the losers were Sujana Tower down 2 per cent, VIP Industries down 2.4 per cent, Career Point down 2 per cent and Koutons slipped 10 per cent.
Newly
listed,
Gallantt
Ispat
was
trading
at
Rs
61,
22
per
cent
over
issue
price
of
Rs
50
share.
9:35
AM
OneIndia News