November 27, 2012

Market Pulse - Nov 27, 2012

Tue, Nov 27, 2012 at 15:00PM
Market firm in late noon trades.

Markets continue to trade on a firm note in the late noon deals on the back of buying visible across the board. The Sensex is up 253 points at 18,789 and the Nifty is up 74 points at 5,710.

Tue, Nov 27, 2012 at 10:30AM
Market extends gain.
Markets have extended gains in the morning deals on the back of buying visible across the board. The Sensex has jumped 224 points to 18,760 and the Nifty is up 66 points at 5,701.
Meanwhile, HDFC is the top Sensex gainer, up nearly 3% at Rs 796. HDFC Bank, Bajaj Auto, Jindalso Steel, Sterlite Industries, ONGC, GAIL India, BHEL, Infosys, ITC and Hindalco are also trading higher by 1.2-2.5% each. On the sectoral front, the BSE realty index is the top gainer. The index has advanced nearly 2% to 1,908. Bankex, FMCG, consumer durables, capital goods and oill & gas indices are also up 1-1.4% each. Among the individual stocks, Hindustan Copper has dipped almost 10% at Rs 153.45 in opening deals, falling below its average offer for sale (OFS) price of Rs 156.56 per share on the Bombay Stock Exchange (BSE). IndusInd Bank is trading higher by 3% at Rs 397, also its record high on the BSE, after the private sector lender said that it has opened the issue for qualified institutional placement (QIP) on November 26.

Tue, Nov 27, 2012 at 09:45AM
Market opens higher on global cues.
Sensex, which spurted to 18,650.91, is now up nearly 100 points or 0.52% at 18,637. Nifty is up 31 points or 0.55% at 5666.90.
Markets have opened on a positive note in trades today tracking firm global cues. It's a firm start for stocks on the Indian bourses this morning with positive cues from global markets and a stable outlook rating for the country by Moody's aiding sentiment. Metal, capital goods, FMCG and bank stocks are among the top gainers in opening trades. Realty, pharma, oil and automobile stocks are also edging higher. Select IT and power stocks are up as well.

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