Update 1
Buying continues unabated
The BSE Sensex remained firm after striking an all-time high of 13,724.12 in opening trade, as buying continued.
At 11:25 IST the Sensex was up 69.74 points, at 13,686.51. It had opened with an upward gap, at 13,625.09, backed by firm Asian markets. The premiex index had also dipped to an intra-day low of 13,625.09.
The market-breadth was strong. For 1,311 shares that rose on BSE, 834 declined. A total of 69 shares did not change.The total turnover on BSE amounted to Rs 1,581 crore.Among the Sensex pack, 22 advanced while the rest declined.
Hindustan Zinc off to a glittering start
Top zinc major Hindustan Zinc surged 3.4% to Rs 900.25, on the back of a rise in zinc prices on the LME for the second day in a row.The stock had risen 3%, on Tuesday (21 November) to Rs 869.90. The stock also got listed on NSE.
Sensex hits 13,700
The market surged in opening trade with the barometer index, the BSE Sensex, striking a new high above 13,700. Firm Asian markets aided the surge in opening trade.
The market shrugged off Sebi’s interim order directing two depositories and eight depository participants to pay about Rs 116 crore, as compensation to retail investors who suffered opportunity loss in the IPO scam that came to light last year.
The market-breadth was strong. For 1,182 shares that rose on BSE, 400 declined. Just 52 shares were unchanged. Gainers outpaced losers by a ratio of 2.9:1.At 10:22 IST the Sensex was up 85 points, at 13,701. The Sensex hit a life high of 13,704.19.
The BSE Sensex remained firm after striking an all-time high of 13,724.12 in opening trade, as buying continued.
At 11:25 IST the Sensex was up 69.74 points, at 13,686.51. It had opened with an upward gap, at 13,625.09, backed by firm Asian markets. The premiex index had also dipped to an intra-day low of 13,625.09.
The market-breadth was strong. For 1,311 shares that rose on BSE, 834 declined. A total of 69 shares did not change.The total turnover on BSE amounted to Rs 1,581 crore.Among the Sensex pack, 22 advanced while the rest declined.
Hindustan Zinc off to a glittering start
Top zinc major Hindustan Zinc surged 3.4% to Rs 900.25, on the back of a rise in zinc prices on the LME for the second day in a row.The stock had risen 3%, on Tuesday (21 November) to Rs 869.90. The stock also got listed on NSE.
Sensex hits 13,700
The market surged in opening trade with the barometer index, the BSE Sensex, striking a new high above 13,700. Firm Asian markets aided the surge in opening trade.
The market shrugged off Sebi’s interim order directing two depositories and eight depository participants to pay about Rs 116 crore, as compensation to retail investors who suffered opportunity loss in the IPO scam that came to light last year.
The market-breadth was strong. For 1,182 shares that rose on BSE, 400 declined. Just 52 shares were unchanged. Gainers outpaced losers by a ratio of 2.9:1.At 10:22 IST the Sensex was up 85 points, at 13,701. The Sensex hit a life high of 13,704.19.
posted by SY at 12:21 PM
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