Markets trade higher
The market surged in opening trade but it pared gains later.The market recovered from its lows in early afternoon trade.Reliance Industries edged higher. Consumer durable, auto, realty and metal stocks moved higher. Shares of top private sector baking stocks slipped even as a host of PSU bank stocks rallies. BSE Mid-Cap and Small-Cap indices outperformed Sensex.
At 12.16 hrs IST, the Sensex is up 124.06 points or 0.63% at 19822.42, and the Nifty up 60.55 points or 1.03% at 5967.40.About 2372 shares have advanced, 639 shares declined, and 54 shares are unchanged.
Gainers in the midcap space are Exide Industrie, Nirma, FDC, Sun Pharma Adv, Vijaya Bank, Centurion Bank, Alok Industries, Blue Dart, UB Holdings.Midcap banking space is also very active and is trading with good gains.Among the frontliners Bajaj Auto, ONGC, Cipla, Siemens, Suzlon Energy are the top gainers.
Auto stocks were in demand. Tata Motors (up 2.06% to Rs 712.50), Mahindra & Mahindra (up 2.22% to Rs 749.25), Hero Honda Motors (up 0.59% to Rs 698.50), Bajaj Auto (up 4.42% to Rs 2,452) and Maruti Suzuki India (up 0.53% to Rs 1,055) edged higher.
Metal stocks were in demand. Tata Steel (up 1.42% to Rs 856),Sterlite Industries (up 0.58% to Rs 1,025.55) , Steel Authority of India (up1.03% to Rs 265) and Hindalco Industries (up 1.96% to Rs 208.05) edged higher.
Index heavyweight and India’s largest private sector firm by market capitalisation Reliance Industries rose 0.17% to Rs 2,882.
ONGC (up 4.02% to Rs 1,295.70), Cipla (up 3.24% to Rs 186.50) and ACC (up 3.47% to Rs 1,075.75) edged higher.Satyam Computer services (down 0.62% to Rs 425.90) and ITC (down 1.1% to Rs 202.90) edged lower.
Consumer durables stocks surged. Videocon Industries (up 5.06% to Rs 422.45), Titan Industries (up 1.46% to Rs 1,539.40), Rajesh Exports (up 1.26% to Rs 865.80) and Gitanjali Gems (up 2.72% to Rs 385.50) edged higher.
Realty stocks gained. India's largest real estate firm by market capitalisation DLF rose 2.35% to Rs 958.60. It replaced Dr. Reddy’s Laboratories in Sensex today. Indiabulls Real Estate rose 5.52% to Rs 673.
At 12.16 hrs IST, the Sensex is up 124.06 points or 0.63% at 19822.42, and the Nifty up 60.55 points or 1.03% at 5967.40.About 2372 shares have advanced, 639 shares declined, and 54 shares are unchanged.
Gainers in the midcap space are Exide Industrie, Nirma, FDC, Sun Pharma Adv, Vijaya Bank, Centurion Bank, Alok Industries, Blue Dart, UB Holdings.Midcap banking space is also very active and is trading with good gains.Among the frontliners Bajaj Auto, ONGC, Cipla, Siemens, Suzlon Energy are the top gainers.
Auto stocks were in demand. Tata Motors (up 2.06% to Rs 712.50), Mahindra & Mahindra (up 2.22% to Rs 749.25), Hero Honda Motors (up 0.59% to Rs 698.50), Bajaj Auto (up 4.42% to Rs 2,452) and Maruti Suzuki India (up 0.53% to Rs 1,055) edged higher.
Metal stocks were in demand. Tata Steel (up 1.42% to Rs 856),Sterlite Industries (up 0.58% to Rs 1,025.55) , Steel Authority of India (up1.03% to Rs 265) and Hindalco Industries (up 1.96% to Rs 208.05) edged higher.
Index heavyweight and India’s largest private sector firm by market capitalisation Reliance Industries rose 0.17% to Rs 2,882.
ONGC (up 4.02% to Rs 1,295.70), Cipla (up 3.24% to Rs 186.50) and ACC (up 3.47% to Rs 1,075.75) edged higher.Satyam Computer services (down 0.62% to Rs 425.90) and ITC (down 1.1% to Rs 202.90) edged lower.
Consumer durables stocks surged. Videocon Industries (up 5.06% to Rs 422.45), Titan Industries (up 1.46% to Rs 1,539.40), Rajesh Exports (up 1.26% to Rs 865.80) and Gitanjali Gems (up 2.72% to Rs 385.50) edged higher.
Realty stocks gained. India's largest real estate firm by market capitalisation DLF rose 2.35% to Rs 958.60. It replaced Dr. Reddy’s Laboratories in Sensex today. Indiabulls Real Estate rose 5.52% to Rs 673.
Labels: Nifty.Sensex
posted by SY at 12:57 PM
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