Thu, Mar 28, 2013 at 17:30 PM
Markets closed firm positive.
Markets closed higher amid buying spree in banking and metal sectors. Sensex closed up by 131.24 points or 0.70% at 18,835.77 after opening almost flat down by 2.07 points or 0.01% at 18,702.46 and touched a high of 18,882.54 and a low of 18,568.43, while Nifty ended up by 40.95 points or 0.73% at 5,682.55 after opening flat up by 6.15 points or 0.11% at 5,647.75 and touching a high of 5,692.95 and a low of 5,604.85 in the day.
Sector wise, barring Auto sector which ended down by 0.76% all other indices closed positive with Metal index leading the list closed up by 2.69% and Capital Goods surged up by 2.17%, Consumer Durables, PSU, Bankex, IT, Realty and Power advanced up between 2%-1%, Healthcare gained up by 0.86%, Oil & Gas up by 0.45% and FMCG up by 0.41%. In broader markets, Mid-cap and Small-cap surged up by 1.46% and 1.32% respectively.
Major stock gainers were, Gail (India) spurted up by 5.02%, Hindalco Industries surged up by 3.98%, ONGC gained up by 2.92%, Sterlite Industries up by 2.91%, HDFC Bank Limited up by 2.70%, Coal India Limited gained up by 2.62%, ICICI Bank Limited advanced by 2.37%, Larsen & Toubro gained up by 2.09%, Tata Steel Limited up by 1.99%, Tata Power Company up by 1.74%, Infosys gained up by 1.25%, State Bank of India up by 1.04%, ITC up by 0.98%, Tata Consultancy Services gained by 0.93%, Dr Reddys Laboratories up by 0.61%, HDFC, BHEL and Wipro Limited inched up between 0.38%-0.31% while Cipla Limited tad up by 0.01%.
Major stock losers were, Tata Motors slumped by 2.16%, Hero MotoCorp dropped by 1.95%, Bharti Airtel declined by 1.77%, Jindal Steel & Power Limited declined by 1.35%, Hindustan Unilever slipped by 1.34%, Reliance Industries Limited down by 1.24%, Maruti Suzuki fell by 1.04%, Sun Pharmaceuticals down by 0.46%, NTPC declined by 0.35%, Mahindra & Mahindra fell by 0.24% and Bajaj Auto tad down by 0.02%.
NTPC slipped by 0.30%, after the company announced that power projects in Sri Lanka, Bangladesh are on track, remaining undeterred by current political developments in these places.
Aurobindo Pharma Ltd spurted up by 11.67%, after the company stated that the US Food and Drug Administration’s (USFDA) has lifted the import alert for non-sterile products manufactured in its UNIT-VI cephalosporin facility based in Hyderabad.
Novartis India Ltd gained up by 3.75%, after the company stated that to meet the SEBI guidelines on the minimum public shareholding in the listed companies it's Swiss-promoter Novartis AG intends to reduce its stake in the Indian entity.
Overall market breadth was firm positive with 1,625 shares advanced compared to 1,149 shares declined while 124 shares remained unchanged.
Markets closed firm positive.
Markets closed higher amid buying spree in banking and metal sectors. Sensex closed up by 131.24 points or 0.70% at 18,835.77 after opening almost flat down by 2.07 points or 0.01% at 18,702.46 and touched a high of 18,882.54 and a low of 18,568.43, while Nifty ended up by 40.95 points or 0.73% at 5,682.55 after opening flat up by 6.15 points or 0.11% at 5,647.75 and touching a high of 5,692.95 and a low of 5,604.85 in the day.
Sector wise, barring Auto sector which ended down by 0.76% all other indices closed positive with Metal index leading the list closed up by 2.69% and Capital Goods surged up by 2.17%, Consumer Durables, PSU, Bankex, IT, Realty and Power advanced up between 2%-1%, Healthcare gained up by 0.86%, Oil & Gas up by 0.45% and FMCG up by 0.41%. In broader markets, Mid-cap and Small-cap surged up by 1.46% and 1.32% respectively.
Major stock gainers were, Gail (India) spurted up by 5.02%, Hindalco Industries surged up by 3.98%, ONGC gained up by 2.92%, Sterlite Industries up by 2.91%, HDFC Bank Limited up by 2.70%, Coal India Limited gained up by 2.62%, ICICI Bank Limited advanced by 2.37%, Larsen & Toubro gained up by 2.09%, Tata Steel Limited up by 1.99%, Tata Power Company up by 1.74%, Infosys gained up by 1.25%, State Bank of India up by 1.04%, ITC up by 0.98%, Tata Consultancy Services gained by 0.93%, Dr Reddys Laboratories up by 0.61%, HDFC, BHEL and Wipro Limited inched up between 0.38%-0.31% while Cipla Limited tad up by 0.01%.
Major stock losers were, Tata Motors slumped by 2.16%, Hero MotoCorp dropped by 1.95%, Bharti Airtel declined by 1.77%, Jindal Steel & Power Limited declined by 1.35%, Hindustan Unilever slipped by 1.34%, Reliance Industries Limited down by 1.24%, Maruti Suzuki fell by 1.04%, Sun Pharmaceuticals down by 0.46%, NTPC declined by 0.35%, Mahindra & Mahindra fell by 0.24% and Bajaj Auto tad down by 0.02%.
NTPC slipped by 0.30%, after the company announced that power projects in Sri Lanka, Bangladesh are on track, remaining undeterred by current political developments in these places.
Aurobindo Pharma Ltd spurted up by 11.67%, after the company stated that the US Food and Drug Administration’s (USFDA) has lifted the import alert for non-sterile products manufactured in its UNIT-VI cephalosporin facility based in Hyderabad.
Novartis India Ltd gained up by 3.75%, after the company stated that to meet the SEBI guidelines on the minimum public shareholding in the listed companies it's Swiss-promoter Novartis AG intends to reduce its stake in the Indian entity.
Overall market breadth was firm positive with 1,625 shares advanced compared to 1,149 shares declined while 124 shares remained unchanged.
