The markets closed in the positive terrain on the triple witching day on high turnover. It was trading flat for major part of the day but gained some strength in the last leg. In terms of cues Asia ended strong and Europe was trading with good gains.
Cement stocks were the star performers in today's trading session. Power, banking and telecom stocks ended higher. However select auto, metal, and heavyweight ONGC ended weak. Nifty June series ended flat. Broader markets were trading strong and held out their gains.
New listing Meghmani Organics ended up 39% at Rs 26.40 versus issue price of Rs 19.
Sensex was up 73.51 points or 0.51% at 14504.57, and the Nifty up 18.05 points or 0.42% at 4282.
About 1406 shares have advanced, 1125 shares declined, and 73 shares are unchanged.
Major gainers in the midcap space were Kesoram up 8.95%, JK Cement up 8.26%, India Cements up 7.83%, Hind Constr up 7.59%, Alembic up 6.72%, Alstom Projects up 6.23%, IndusInd Bank up 5.52%.
Cement stocks saw good rollover, aggregate of around 75%. Kesoram saw rollover of 80%, followed by India Cement and Ambuja Cement.
Top gainers on the Sensex were ACC up 8.7%, Ambuja Cements up 8% and HDFC up 5.4%.
The BSE Midcap Index ended at 6,458.00 up 33 points or 0.53%.
The BSE Smallcap Index ended at 7,662.10 up 48.26 points or 0.6%.
The BSE Bankex was up 0.4% at 7,786.72. Canara Bank, Bank of India, Centurion BoP, SBI, Kotak Mahindra moved upwards.
The BSE Capital Goods Index was up 0.7% at 12,071.55. ABB, Alstom Projects, Areva T&D, AIA Engineering, Kirloskar Oil closed higher.
The BSE Health Care Index was down 0.4% at 3,765.87.Sterling Bio, Novartis India, Divis Labs, Cadila Health, Wockhardt, Nicholas Pirama closed lower.
The BSE Auto Index closed at 4,714.18 down 0.7%. Punj Tractors, Hind Motors, Escorts, Mah and Mah, Bajaj Auto declined.
The BSE Metal Index closed at 10,634.50 down 0.5%. Shree Precoated, Jindal Steel, JindalStainless, Sterlite Ind advanced lower.
The BSE FMCG Index gained 0.35% at 1,822.70. Godrej Consumer, Tata Tea, Dabur India, ITC closed higher.
BSE Oil and Gas Index closed lower at 7,599.15 down 0.2%. ONGC, Essar Oil, Petronet LNG, Reliance ended in red.
The BSE IT Index closed flat at 4,841.62. I-Flex Solution, Infosys, Tech Mahindra closed lower.
The NSE cash turnover was at Rs 12159.15 crore and the NSE F&O turnover was at Rs 60499.6 crore. The BSE cash turnover was Rs 4818.73 crore. Total market wide turnover was at Rs 77477.48 crore.
Source: moneycontrol.com
Cement stocks were the star performers in today's trading session. Power, banking and telecom stocks ended higher. However select auto, metal, and heavyweight ONGC ended weak. Nifty June series ended flat. Broader markets were trading strong and held out their gains.
New listing Meghmani Organics ended up 39% at Rs 26.40 versus issue price of Rs 19.
Sensex was up 73.51 points or 0.51% at 14504.57, and the Nifty up 18.05 points or 0.42% at 4282.
About 1406 shares have advanced, 1125 shares declined, and 73 shares are unchanged.
Major gainers in the midcap space were Kesoram up 8.95%, JK Cement up 8.26%, India Cements up 7.83%, Hind Constr up 7.59%, Alembic up 6.72%, Alstom Projects up 6.23%, IndusInd Bank up 5.52%.
Cement stocks saw good rollover, aggregate of around 75%. Kesoram saw rollover of 80%, followed by India Cement and Ambuja Cement.
Top gainers on the Sensex were ACC up 8.7%, Ambuja Cements up 8% and HDFC up 5.4%.
The BSE Midcap Index ended at 6,458.00 up 33 points or 0.53%.
The BSE Smallcap Index ended at 7,662.10 up 48.26 points or 0.6%.
The BSE Bankex was up 0.4% at 7,786.72. Canara Bank, Bank of India, Centurion BoP, SBI, Kotak Mahindra moved upwards.
The BSE Capital Goods Index was up 0.7% at 12,071.55. ABB, Alstom Projects, Areva T&D, AIA Engineering, Kirloskar Oil closed higher.
The BSE Health Care Index was down 0.4% at 3,765.87.Sterling Bio, Novartis India, Divis Labs, Cadila Health, Wockhardt, Nicholas Pirama closed lower.
The BSE Auto Index closed at 4,714.18 down 0.7%. Punj Tractors, Hind Motors, Escorts, Mah and Mah, Bajaj Auto declined.
The BSE Metal Index closed at 10,634.50 down 0.5%. Shree Precoated, Jindal Steel, JindalStainless, Sterlite Ind advanced lower.
The BSE FMCG Index gained 0.35% at 1,822.70. Godrej Consumer, Tata Tea, Dabur India, ITC closed higher.
BSE Oil and Gas Index closed lower at 7,599.15 down 0.2%. ONGC, Essar Oil, Petronet LNG, Reliance ended in red.
The BSE IT Index closed flat at 4,841.62. I-Flex Solution, Infosys, Tech Mahindra closed lower.
The NSE cash turnover was at Rs 12159.15 crore and the NSE F&O turnover was at Rs 60499.6 crore. The BSE cash turnover was Rs 4818.73 crore. Total market wide turnover was at Rs 77477.48 crore.
Source: moneycontrol.com
