Markets buoyant
The market opened on a buoyant note as buying momentum continued for the fourth straight day.At 11.55 am IST, the Sensex is up 126.43 points at 15437.65, and the Nifty up 36.30 points at 4548.45.
Index heavyweight Reliance Industries rallied to an all-time high of Rs 1,812 on reports it had made a gas discovery in the Cauvery basin. The size of the discovery will be known after appraisals. The company, which had acquired the block under the third round of exploration bidding, has sent the discovery notice on the find to the directorate general of hydrocarbons (DGH). It was up 1.78% to Rs 1,808.15.
Software major Tata Consultancy Services (TCS) rose 2.81% to Rs 1,159.65. After market hours on Monday, 16 July 2007, TCS posted a 36% jump in net profit to Rs 1,202.93 crore in the first quarter ended June 2007 compared to Rs 882.66 crore in Q1 June 2006. Total income rose 27% at Rs 5,364.67 crore (Rs 4,225.62 crore). Growth in revenues and profit was 0.8% and 0.7%, respectively, compared to the fourth quarter ended March 2007. TCS does not make sales and profit forecasts.
Top gainers on the Sensex are Ambuja Cements at Rs 137.20 up 2.93%, TCS at Rs 1,160 up 2.85% and Satyam at Rs 491 up 1.86%.
Top losers on the Sensex are HDFC Bank at Rs 1,201.25 down 1.17%, Bajaj Auto at Rs 2,236 down 0.86% and HDFC at Rs 1,982.50 down 0.61%.
Most active shares on BSE are Indiabulls at Rs 656.50 with 16,58,395 shares, Zee Entertain at Rs 341 with 13,31,130 shares and GMR Infra at Rs 899.70 with 3,96,234 shares.
Index heavyweight Reliance Industries rallied to an all-time high of Rs 1,812 on reports it had made a gas discovery in the Cauvery basin. The size of the discovery will be known after appraisals. The company, which had acquired the block under the third round of exploration bidding, has sent the discovery notice on the find to the directorate general of hydrocarbons (DGH). It was up 1.78% to Rs 1,808.15.
Software major Tata Consultancy Services (TCS) rose 2.81% to Rs 1,159.65. After market hours on Monday, 16 July 2007, TCS posted a 36% jump in net profit to Rs 1,202.93 crore in the first quarter ended June 2007 compared to Rs 882.66 crore in Q1 June 2006. Total income rose 27% at Rs 5,364.67 crore (Rs 4,225.62 crore). Growth in revenues and profit was 0.8% and 0.7%, respectively, compared to the fourth quarter ended March 2007. TCS does not make sales and profit forecasts.
Top gainers on the Sensex are Ambuja Cements at Rs 137.20 up 2.93%, TCS at Rs 1,160 up 2.85% and Satyam at Rs 491 up 1.86%.
Top losers on the Sensex are HDFC Bank at Rs 1,201.25 down 1.17%, Bajaj Auto at Rs 2,236 down 0.86% and HDFC at Rs 1,982.50 down 0.61%.
Most active shares on BSE are Indiabulls at Rs 656.50 with 16,58,395 shares, Zee Entertain at Rs 341 with 13,31,130 shares and GMR Infra at Rs 899.70 with 3,96,234 shares.
Labels: Nifty.Sensex
posted by SY at 11:48 AM
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