It was a strong seesion for markets and they closed near the highest point of the day. Sensex ended with gains of around 200 points above 14,200 and the Nifty was up over 55 points above 4,150 levels.
The gain was inline with global markets. Asia ended strong most of the Asia ended up 1% and even Europe opened strong. Buying was seen in scrips across sectors. The midcaps and the smallcap outperformed the frontline indices. Nifty discount futures had widened at around 14 points. The market breadth was positive but the volume was relatively low.
There was lot of stock specific action. Nicholas Piramal ended up 6% on the back of news that it is examining possibility of hiving off R&D biz
HDFC, Tata Steel, Bharti Airtel, ACC, SAIL and Siemens are among the top gainers.
In the midcap space Aarti Ind up 20%, Mic Electronics up 15%, Hilton Metal up 13%, ICRA 11%.
Infosys, Reliance, Icra, Time Techno, Sun Pharma and Unitech are among the most active stocks on indices.
9.9 lakh TVS Motor shares change hands on NSE at Rs 65/share and the stock is up 4%.
DLF IPO has closed and it was subscribed 2.57 times till now, 87% bids at Rs 550/sh.
Sensex was up 200.69 points or 1.43% at 14203.72, and the Nifty up 56.95 points or 1.38% at 4170.
About 1662 shares have advanced, 763 shares declined, and 88 shares are unchanged.
The BSE Midcap Index ended at 6,161.61 up 96 points or 1.6%.
The BSE Smallcap Index ended at 7,320.91 up 97 points or 1.34%.
The BSE Bankex was up 0.7% at 7,417.66. Andhra Bank, Bank of Baroda, Bank of India, Federal Bank moved upwards.
The BSE Capital Goods Index was up 2.3% at 10,972.02.Alstom Projects, Astra Microwave, AIA Engineering, Siemens, Areva T&D, L&T closed higher.
The BSE Health Care Index was up 1.2% at 3,793.43. Nicholas Piramal, Aurobindo Pharm, Biocon, Ranbaxy Labs, Novartis India, Cadila Health closed higher.
The BSE Auto Index closed at 4,667.35 up 0.8%. TVS Motor, Ashok Leyland, Escorts, MICO, Amtek Auto surged.
The BSE Metal Index closed at 10,567.54 up 2.8%. JSW Steel, SAIL, Sesa Goa, Mah Seamless, Tata Steel advanced higher.
The BSE FMCG Index gained 0.4% at 1,780.67. United Brewerie, United Spirits, Bata India, Colgate, Tata Tea closed higher.
BSE Oil and Gas Index closed higher at 7,492.62 up 1.3%. Petronet LNG, Reliance Natura, ONGC, Reliance Petro ended in green.
The BSE IT Index gained 1.4% at 5,033.76. Patni Computer, I-Flex Solution, Infosys, Mphasis closed higher.
The NSE cash turnover was at Rs 8370.04 crore and the NSE F&O turnover was at Rs 28760.54 crore. The BSE cash turnover was Rs 4407.78 crore. Total market wide turnover was at Rs 41538.36 crore.
The gain was inline with global markets. Asia ended strong most of the Asia ended up 1% and even Europe opened strong. Buying was seen in scrips across sectors. The midcaps and the smallcap outperformed the frontline indices. Nifty discount futures had widened at around 14 points. The market breadth was positive but the volume was relatively low.
There was lot of stock specific action. Nicholas Piramal ended up 6% on the back of news that it is examining possibility of hiving off R&D biz
HDFC, Tata Steel, Bharti Airtel, ACC, SAIL and Siemens are among the top gainers.
In the midcap space Aarti Ind up 20%, Mic Electronics up 15%, Hilton Metal up 13%, ICRA 11%.
Infosys, Reliance, Icra, Time Techno, Sun Pharma and Unitech are among the most active stocks on indices.
9.9 lakh TVS Motor shares change hands on NSE at Rs 65/share and the stock is up 4%.
DLF IPO has closed and it was subscribed 2.57 times till now, 87% bids at Rs 550/sh.
Sensex was up 200.69 points or 1.43% at 14203.72, and the Nifty up 56.95 points or 1.38% at 4170.
About 1662 shares have advanced, 763 shares declined, and 88 shares are unchanged.
The BSE Midcap Index ended at 6,161.61 up 96 points or 1.6%.
The BSE Smallcap Index ended at 7,320.91 up 97 points or 1.34%.
The BSE Bankex was up 0.7% at 7,417.66. Andhra Bank, Bank of Baroda, Bank of India, Federal Bank moved upwards.
The BSE Capital Goods Index was up 2.3% at 10,972.02.Alstom Projects, Astra Microwave, AIA Engineering, Siemens, Areva T&D, L&T closed higher.
The BSE Health Care Index was up 1.2% at 3,793.43. Nicholas Piramal, Aurobindo Pharm, Biocon, Ranbaxy Labs, Novartis India, Cadila Health closed higher.
The BSE Auto Index closed at 4,667.35 up 0.8%. TVS Motor, Ashok Leyland, Escorts, MICO, Amtek Auto surged.
The BSE Metal Index closed at 10,567.54 up 2.8%. JSW Steel, SAIL, Sesa Goa, Mah Seamless, Tata Steel advanced higher.
The BSE FMCG Index gained 0.4% at 1,780.67. United Brewerie, United Spirits, Bata India, Colgate, Tata Tea closed higher.
BSE Oil and Gas Index closed higher at 7,492.62 up 1.3%. Petronet LNG, Reliance Natura, ONGC, Reliance Petro ended in green.
The BSE IT Index gained 1.4% at 5,033.76. Patni Computer, I-Flex Solution, Infosys, Mphasis closed higher.
The NSE cash turnover was at Rs 8370.04 crore and the NSE F&O turnover was at Rs 28760.54 crore. The BSE cash turnover was Rs 4407.78 crore. Total market wide turnover was at Rs 41538.36 crore.
Source: moneycontrol.com
