The markets had a good close much better than most of its Asian peers. It opened weak and traded flat for better part of the day but perked up with buying seen in capital good stocks like BHEL and L&T, followed by Reliance group stocks and pharma stocks like Cipla and Ranbaxy. Midcaps held out their gains giving markets positive breadth. Even the smallcap index closed with gains of over 0.7%. The turnover was high, chunk of it coming from the F&O.
Except for IT and FMCG all the BSE sector indices closed in green. There was lot of action in individual midcaps from metal space like Ispat, real estate stocks like Orbit and brokerage and financial services stock.
L&T came out with fourth quarter results and BHEL which will get ex-bonus shortly were the top gainers.
With F&O expiry coming Nifty rollover was 38%, frontliners like Cipla with 51% rollover and Reliance Communication with 45%. Among the active midcaps with over 50% rollover were RNRL, RPL, IFCI.
Sensex is up 110.32 points or 0.77% at 14508.21, and the Nifty up 36.70 points or 0.86% at 4293.25.
About 1328 shares have advanced, 1194 shares declined, and 102 shares are unchanged.
The BSE Midcap index ended at 6,254.51 up 48 points or 0.8%.
The BSE Smallcap Index ended at 7,388.33 up 54 points or 0.7%.
The BSE Bankex was up 0.5% at 7,600.79. IOB, Centurion BoP, HDFC Bank, UTI Bank, SBI moved upwards.
The BSE Capital Goods Index was up 2.8% at 10,896.14. BHEL, Crompton Greave, Carborundum, HEG, L&T closed higher.
The BSE Health Care Index was up 1.7% at 3,857.53. Novartis India, Orchid Chemical, Cipla, Sterling Bio, Sun Pharma closed higher.
The BSE Metal Index closed at 10,494.25 up 0.4%. Welspun Guj, Jindal Saw, JSW Steel, Tata Steel, Jindal Steel advanced higher.
The BSE FMCG Index down 0.2% at 1,914.25. Tata Tea, GlaxoSmith Con, United Spirits, Nestle closed lower.
BSE Oil and Gas Index closed higher at 7,792.63 up 1.2%. Petronet LNG, Reliance Natura, Reliance, ONGC ended in green.
The BSE IT Index lost 0.1% at 4,908.15. Hexaware Tech, Infosys, HCL Info were among the top losers
The BSE Auto Index closed at 4,957.53 up 0.8%. Mah and Mah, MRF, Sundram, Punj Tractors, Bharat Forge closed higher.
The NSE cash turnover was at Rs 9321.99 crore and the NSE F&O turnover was at Rs 43290.08 crore. The BSE cash turnover was Rs 4576.77 crore. Total market wide turnover was at Rs 57188.84 crore.
Except for IT and FMCG all the BSE sector indices closed in green. There was lot of action in individual midcaps from metal space like Ispat, real estate stocks like Orbit and brokerage and financial services stock.
L&T came out with fourth quarter results and BHEL which will get ex-bonus shortly were the top gainers.
With F&O expiry coming Nifty rollover was 38%, frontliners like Cipla with 51% rollover and Reliance Communication with 45%. Among the active midcaps with over 50% rollover were RNRL, RPL, IFCI.
Sensex is up 110.32 points or 0.77% at 14508.21, and the Nifty up 36.70 points or 0.86% at 4293.25.
About 1328 shares have advanced, 1194 shares declined, and 102 shares are unchanged.
The BSE Midcap index ended at 6,254.51 up 48 points or 0.8%.
The BSE Smallcap Index ended at 7,388.33 up 54 points or 0.7%.
The BSE Bankex was up 0.5% at 7,600.79. IOB, Centurion BoP, HDFC Bank, UTI Bank, SBI moved upwards.
The BSE Capital Goods Index was up 2.8% at 10,896.14. BHEL, Crompton Greave, Carborundum, HEG, L&T closed higher.
The BSE Health Care Index was up 1.7% at 3,857.53. Novartis India, Orchid Chemical, Cipla, Sterling Bio, Sun Pharma closed higher.
The BSE Metal Index closed at 10,494.25 up 0.4%. Welspun Guj, Jindal Saw, JSW Steel, Tata Steel, Jindal Steel advanced higher.
The BSE FMCG Index down 0.2% at 1,914.25. Tata Tea, GlaxoSmith Con, United Spirits, Nestle closed lower.
BSE Oil and Gas Index closed higher at 7,792.63 up 1.2%. Petronet LNG, Reliance Natura, Reliance, ONGC ended in green.
The BSE IT Index lost 0.1% at 4,908.15. Hexaware Tech, Infosys, HCL Info were among the top losers
The BSE Auto Index closed at 4,957.53 up 0.8%. Mah and Mah, MRF, Sundram, Punj Tractors, Bharat Forge closed higher.
The NSE cash turnover was at Rs 9321.99 crore and the NSE F&O turnover was at Rs 43290.08 crore. The BSE cash turnover was Rs 4576.77 crore. Total market wide turnover was at Rs 57188.84 crore.
Source: moneycontrol.com
