Market Pulse - 25 Nov, 2013

Market Pulse - 25 Nov, 2013

Markets snapping its three day losing streak closed towards at day's high, amid easing of global crude oil prices as Iran and worlds powers struck a landmark deal which would help India reduce its current account deficit and contain inflationary pressures. The S&P BSE Sensex closed up by 387.69 points or 1.92% to 20,605.08. It touched a high of 20,626.15 and a low of 20,326.66 intraday. The CNX Nifty also rose up by 119.90 points or 2% to 6,115.35. It touched a high of 6,123.50 and a low of 6,035.95 in the intraday today.

Among the sectoral indices barring the IT index which closed almost flat negative by 0.05% all the other sectoral indices closed with gains. Capital Goods and Bankex leading the gaining list by 3.82% and 3.63% followed by Realty, PSU, FMCG, Auto, Power, Oil & Gas and Metal indices gaining between 3-1% each. Consumer Durables and Healthcare index were the other sectoral indices gaining. Even the broader markets today surged with Mid-cap index rising by 1.13% and Small-cap index gaining by 0.97% respectively.

Among the index gainers, BHEL and ICICI Bank surged themost by 5.22% and 5.07%, followed by L&T, ONGC, SBI, Tata Motors, HDFC, Maruti Suzuki, HDFC Bank, ITC, Hero MotoCorp and Bajaj Auto all gaining between 4-2% each. Hindustan Unilever, Tata Power, Tata Steel, Mahindra & Mahindra, Coal India were some of the other index gainers.

Infosys, NTPC and Dr Reddys Lab were the only index losers.

The overall market breadth was firm positive with 1,435 shares advancing as compared to 1,015 shares declining while 166 shares remained unchanged.

Tags - Market Pulse, Stock Market Pulse