Markets closes high; Sensex gains most in 3 week up by 85 points
over 85 points or 0.42% to 20,448.49. After opening up by over 86 points, it touched a high of 20,517. Before settling at 20449.49 it touched a low of 20,427. The CNX Nifty ended the day at 6,084 up by 21.30 points or 0.35%. After opening up nearly by 23 points it touched a high of 6,107 and a low of 6,077 intraday.
Among the sectoral indices, Metal index dropped by 1.33%. FMGC index fell by 0.85%. Realty and Healthcare index also declined by 0.4-0.2%. and Power index down marginally by 0.11%. Whereas sectoral indices lending to Sensex gains were, Capital Goods surging by 1.51% and Oil & Gas index gained by 1.27%. Bankex index also rose nearly by 1%. Auto and IT index were the other sectoral indices closing with gain. However the broader markets today ended flat. Mid-cap index closed flat while Small-cap index too ended almost flat with positive bias.
Sensex gains
was led by ICICI Bank surging over 3%. Gain (India) and ONGC both followed the trend by rising nearly 2.6% each. L&T, Reliance Industries, BHEL, HDFC and Hidustan Unilever also gained between 2-1%. SBI also advanced nearly by 1%. Hero MotoCorp, Tata Motors, Sun Pharma, TCS, Infosys, HDFC Bank and Cipla were some of the other index gainers.Among the index losers, Tata Steel dropped over 4%. Maruti Suzuki, Dr Reddys Lab, ITC, NTPC and Hindalco Industries fell between 2-1%. Tata Power and Sesa Sterlite also declined by 0.9-0.7%. Bajaj Auto, Axis Bank, Wipro, Coal India and Mahindra & Mahindra too were the other index losers.
The overall market breadth was weak. Of the 2762 shares traded, 1343 shares declined and 1282 shares advanced. While 137 shares remained unchanged.
Tags - Sensex gains
, Market Pulse, Stock Market PulseSensex gains most in 3 weeks; up by 85 points
http://www.stockmarketpulse.net/2014/02/12/sensex-gains-3-weeks-85-points/
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