Sensex within striking distance of all-time high
The market surged in early trade on strong cues from global markets ahead of US Federal Reserve's meeting today to decide the Fed rate cuts. The S&P CNX Nifty crossed 6,000 mark.The market remained stable at higher levels in afternoon trade. The S&P CNX Nifty hit fresh all-time high in afternoon trade. The market tracked firm global markets.
At 13:20 IST, the 30-share BSE Sensex was up 266.17 points or 1.34% to 20,198.15.The broader S&P CNX Nifty was up 105.85 points or 1.78% at 6,066.45.
Reliance Industries rose 1.74% to Rs 2,871.50. As per reports, Reliance Industries (RIL), has struck a deal to explore uranium in Australia, as soaring demand and prices turn the heavy radioactive metal into a lucrative commodity. RIL, through its subsidiary RIL (Australia), has signed an agreement with Uranium Exploration Australia (UXA) to buy 49% in eight exploration blocks owned by the company in South Australia and Northern Territory, reports suggest.
Auto stocks inched up. Tata Motors (up 0.69% to Rs 771.50), Maruti suzuki India (up 1.01% to Rs 1,056), Hero Honda Motors (up 2.08% to Rs 701.50) and Bajaj Auto (up 2.19% to Rs 2,772) edged higher.
Realty stocks jumped further in afternoon trade. Ansal Propertes (up 10.02% to Rs 320.05), Unitech (up 6.6% to Rs 471.05), Indiabulls Real Estate (up 2.54% to Rs 732) and DLF (up 0.5% to Rs 1,031), edged higher.
Banking stocks rose. ICICI Bank (up 1.9% to Rs 1,297.90), HDFC Bank (up 2.77% to Rs 1,740) and State Bank of India (up 1.24% to Rs 2,454.55) edged higher.
Metal stocks advanced further. Tata Steel (up 1.28% to Rs 844), Sterlite Industries (up 2.18% to Rs 1,098), Steel Authority of India (up 2.71% to Rs 278.50) and Hindalco Industries (up 1.84% to Rs 196.50),Jindal Steel (up 5.54% to Rs 15,650) and Shri Precoated Steel (up 9.38% to Rs 379.20) edged higher.
HDFC (up 2.83% to Rs 2,953.40), Bharti Airtel (up 2.74% to Rs 997.05), NTPC (up 2.25% to Rs 247.25) and ONGC (up 3.89% to Rs 1,241) edged higher.Ambuja Cements declined 0.23% to Rs 150.55. Infosys declined 0.89% to Rs 1,731.
At 13:20 IST, the 30-share BSE Sensex was up 266.17 points or 1.34% to 20,198.15.The broader S&P CNX Nifty was up 105.85 points or 1.78% at 6,066.45.
Reliance Industries rose 1.74% to Rs 2,871.50. As per reports, Reliance Industries (RIL), has struck a deal to explore uranium in Australia, as soaring demand and prices turn the heavy radioactive metal into a lucrative commodity. RIL, through its subsidiary RIL (Australia), has signed an agreement with Uranium Exploration Australia (UXA) to buy 49% in eight exploration blocks owned by the company in South Australia and Northern Territory, reports suggest.
Auto stocks inched up. Tata Motors (up 0.69% to Rs 771.50), Maruti suzuki India (up 1.01% to Rs 1,056), Hero Honda Motors (up 2.08% to Rs 701.50) and Bajaj Auto (up 2.19% to Rs 2,772) edged higher.
Realty stocks jumped further in afternoon trade. Ansal Propertes (up 10.02% to Rs 320.05), Unitech (up 6.6% to Rs 471.05), Indiabulls Real Estate (up 2.54% to Rs 732) and DLF (up 0.5% to Rs 1,031), edged higher.
Banking stocks rose. ICICI Bank (up 1.9% to Rs 1,297.90), HDFC Bank (up 2.77% to Rs 1,740) and State Bank of India (up 1.24% to Rs 2,454.55) edged higher.
Metal stocks advanced further. Tata Steel (up 1.28% to Rs 844), Sterlite Industries (up 2.18% to Rs 1,098), Steel Authority of India (up 2.71% to Rs 278.50) and Hindalco Industries (up 1.84% to Rs 196.50),Jindal Steel (up 5.54% to Rs 15,650) and Shri Precoated Steel (up 9.38% to Rs 379.20) edged higher.
HDFC (up 2.83% to Rs 2,953.40), Bharti Airtel (up 2.74% to Rs 997.05), NTPC (up 2.25% to Rs 247.25) and ONGC (up 3.89% to Rs 1,241) edged higher.Ambuja Cements declined 0.23% to Rs 150.55. Infosys declined 0.89% to Rs 1,731.
Labels: Nifty.Sensex
posted by SY at 1:50 PM
0 Comments:
Post a Comment
<< Home