Market closes in green; ICICI, Suzlon up

Mumbai, Nov 1: Market showed a strong performance on first day of Nov month. Market was lead by banks, telecom, realty and capital goods.

The Sensex closed at 20355, up 323 points and the Nifty was at 6117, up 100 points. The rally was mainly led by financials post strong numbers declared by ICICI Bank and ahead of RBI policy meet on Nov 2.

The Sensex added more than 300 points and the Nifty successfully settled above the 6100 mark.

Top gainers were ICICI Bank up 5.93 percent, Suzlon Energy up 5.41 percent, Mah and Mah up 4.47 percent and Ranbaxy Labs up 3.89 percent.

Top losers were Maruti Suzuki down 2.79 percent, Hero Honda down 1.44 percent, NTPC down 1.08 percent and SAIL down 0.44 percent.
04:20 PM

Nifty continues holding 6100 mark; ICICI up
50-share NSE Nifty was holding the 6100 mark by adding more than 100 points in afternoon trade on Nov 1.

At 2:05 pm, the Nifty was trading at 6119, up 101 points and the Nifty Nov 2010 futures were trading at 30 points premium.

The Sensex stopped trading at 20,368 level, up 336 points.

ICICI Bank, Jaiprakash Associates and HDFC Bank, who among the frontliners were trading at Rs 1,232.50, Rs 125 and Rs 2,345 respectively.

Stating about Sensex, BSE stated, "Due to technical problem faced by members in trade confirmation, it has been decided to close the market till 2.30 PM today. All pending orders would be canceled and returned."
2:39 PM

Sensex gains extra 300 points; ONGC, BHEL up

With the help from buying in heavyweights as well as across sectors, BSE Sensex gained more strength and added more than 300 points.

At 12:14 pm, the Sensex was trading at 20368, up 336 points and the Nifty was at 6114, up 97 points.

ONGC and L&T and BHEL, who among the heavyweights gained 1.5 percent and 0.8 percent up respectively.

Infosys was also leading the markets with 1.9 percent up while Wipro, TCS were also trading on a positive note.

However, following some technical glitches, Bombay Stock Exchange (BSE) has halted trading for 1 hour from 12 noon to 1 pm on Nov 1.
12:46 PM

Markets start on +Ve note; Reliance surges

Following the strong earnings from Reliance Industries and positive Asian cues, NSE Nifty started the day with a one percent gap on Monday, Nov 1.

At 9: 38 am, the 30-share BSE Sensex was trading at 20288, up 256 points and the Nifty was at 6091, up 73.5 points.

Hindalco, Sterlite Industries, Sesa Goa, Bharti Airtel, Tata Steel, DLF, HDFC Bank, Kotak Mahindra Bank and SBI, who among the frontliners were on buyers' radar.

Jaiprakash Associates, ICICI Bank and Sun Pharma were trading at 3.6 percent, 3 percent, 3 percent up respectively.
9:40 AM

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