Trading ends with a bang
The market, which picked up steam in the early-afternoon session of trades, held firm during the later part of the day, as buying continued at the higher levels.
The 30-share BSE Sensex jumped 166.07 points, at 12,621.44, as per a provisional closing.Nifty closed 57 points up at 3690.65.
PSU power equipment major Bhel spurted 4.85% to Rs 2258, after its net profit rose 42% in FY 2007, to Rs 2385 crore from Rs 1679 crore in FY 2006, as per provisional figures. The provisional turnover rose 28.7% in FY-2007 to Rs 18702 crore from Rs 14525 crore than a year ago. Bhel was the top-gainer.
NTPC advanced 4.41% to Rs 153.80.Hero Honda advanced 3.39% to Rs 661.
Wipro advanced 3.42% to Rs 536, after investing Rs 375 crore at the Pune facility, ramping up capacity from 6,300 to 17,000 seats. The facility focusses on developing solutions for banking, insurance, and telecom industries.
Infosys Technologies advanced 2.33% to Rs 1966, while TCS rose 1.28% to Rs 1204 and Satyam Computers moved 2.62% higher, at Rs 458.
Tata Steel rose 1.16% to Rs 429, after completing its £6.2 billion (US$12 billion) acquisition of Corus Group. Tata Steel paid 608 pence per ordinary share in cash.
Index heavyweight Reliance Industries (RIL) gained 1.90% to Rs 1338.50, on a volume of 8.41 lakh shares. It had advanced from a low of Rs 1309.55, to a high of Rs 1346.
The 30-share BSE Sensex jumped 166.07 points, at 12,621.44, as per a provisional closing.Nifty closed 57 points up at 3690.65.
PSU power equipment major Bhel spurted 4.85% to Rs 2258, after its net profit rose 42% in FY 2007, to Rs 2385 crore from Rs 1679 crore in FY 2006, as per provisional figures. The provisional turnover rose 28.7% in FY-2007 to Rs 18702 crore from Rs 14525 crore than a year ago. Bhel was the top-gainer.
NTPC advanced 4.41% to Rs 153.80.Hero Honda advanced 3.39% to Rs 661.
Wipro advanced 3.42% to Rs 536, after investing Rs 375 crore at the Pune facility, ramping up capacity from 6,300 to 17,000 seats. The facility focusses on developing solutions for banking, insurance, and telecom industries.
Infosys Technologies advanced 2.33% to Rs 1966, while TCS rose 1.28% to Rs 1204 and Satyam Computers moved 2.62% higher, at Rs 458.
Tata Steel rose 1.16% to Rs 429, after completing its £6.2 billion (US$12 billion) acquisition of Corus Group. Tata Steel paid 608 pence per ordinary share in cash.
Index heavyweight Reliance Industries (RIL) gained 1.90% to Rs 1338.50, on a volume of 8.41 lakh shares. It had advanced from a low of Rs 1309.55, to a high of Rs 1346.
Labels: Nifty.Sensex
posted by SY at 3:55 PM
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