Markets closed positive.
Markets ended notably higher for a second successive session, with investors picking up stocks as worries about U.S. fiscal cliff waned. Sensex, which rose to 19,756.68, ended at 19,705.19 (provisional) with a gain of around 125 points or 0.6%, while Nifty closed up 41 points or 0.69% at 5991.85, a few points off the day's high of 6006.05.
Sector wise, Capital goods, Consumer Durables, Oil & Gas, Bank and Automobile stocks moved higher, Power and Metal stocks too had a fairly good session, while Healthcare and Realty stocks failed to retain early gains and IT and FMCG stocks were subdued. Several mid-cap and small-cap stocks moved up sharply.
The overall market breadth was positive.
Sector wise, Capital goods, Consumer Durables, Oil & Gas, Bank and Automobile stocks moved higher, Power and Metal stocks too had a fairly good session, while Healthcare and Realty stocks failed to retain early gains and IT and FMCG stocks were subdued. Several mid-cap and small-cap stocks moved up sharply.
The overall market breadth was positive.
Wed, Jan 02, 2013 at 14:30 PM
Markets regains in noon deals.
Markets continued to trade near the highs of the day on broad based buying after the US House of Representatives approved a rare tax increase, averting the fiscal cliff. Sensex was up by 144 points at 19,725, while Nifty advanced 45 points at 5,996 in noon deals.
Sectoral wise, Small-cap index outperformed with nearly 1% gain as compared to the midcap index up 0.6% and Sensex up 0.7% respectively. Other sectors indices, except FMCG index all the other were in the green with Consumer Durables, Capital Goods, Oil & Gas, Metal and Bankex indices gaining up by 1% each. FMCG index slipped into red as index heavyweights ITC and Hindustan Unilever slipped by 0.5% and 0.3% respectively.
Banking shares gained as hopes of a January rate cut resurfaced, with SBI, ICICI Bank, Axis Bank, Yes Bank, Indusind Bank and Bank of Baroda gaining between 1-2%. Metals shares continued to shine with Sterlite, Hindalco, Sesa Goa, Jindal Steel and SAIL leading gains, up by 1-3%. Oil & Gas advanced as index heavyweight Reliance Industries, advanced nearly by 1% followed by gains in Gail India ,ONGC, BPCL and HPCL adding 2% each.
The other notable gainers include Bajaj Auto gaining nearly 3% after the company announced said its total sales in December increased by 13% year-on-year to 343,946 units, due to higher demand for motorcycles and rise in exports. Bharat Heavy Electrical Limited was trading higher by 3% as the government has imposed 35% safeguard duty on electrical insulators imported from China. Maruti Suzuki, L&T, HDFC, NTPC and Cipla up 1-2% were the other prominent names in the green.
Among other stocks, KEC International moved higher by over 7% after the company announcing of securing new orders worth of Rs 1,511 crore in its transmission, power systems and cable business from India, Oman, Nepal and Americas. PC Jeweller has surged 7% to Rs 176, extending its previous day’s over 10% rally on the Bombay Stock Exchange. The stock opened at Rs 166 and has seen a combined 9.93 million shares changing hands on the counter till noon deals on both the exchanges.
The overall market breadth is very positive as 1792 stocks advancing compared to 1056 stocks declining.
Sectoral wise, Small-cap index outperformed with nearly 1% gain as compared to the midcap index up 0.6% and Sensex up 0.7% respectively. Other sectors indices, except FMCG index all the other were in the green with Consumer Durables, Capital Goods, Oil & Gas, Metal and Bankex indices gaining up by 1% each. FMCG index slipped into red as index heavyweights ITC and Hindustan Unilever slipped by 0.5% and 0.3% respectively.
Banking shares gained as hopes of a January rate cut resurfaced, with SBI, ICICI Bank, Axis Bank, Yes Bank, Indusind Bank and Bank of Baroda gaining between 1-2%. Metals shares continued to shine with Sterlite, Hindalco, Sesa Goa, Jindal Steel and SAIL leading gains, up by 1-3%. Oil & Gas advanced as index heavyweight Reliance Industries, advanced nearly by 1% followed by gains in Gail India ,ONGC, BPCL and HPCL adding 2% each.
The other notable gainers include Bajaj Auto gaining nearly 3% after the company announced said its total sales in December increased by 13% year-on-year to 343,946 units, due to higher demand for motorcycles and rise in exports. Bharat Heavy Electrical Limited was trading higher by 3% as the government has imposed 35% safeguard duty on electrical insulators imported from China. Maruti Suzuki, L&T, HDFC, NTPC and Cipla up 1-2% were the other prominent names in the green.
Among other stocks, KEC International moved higher by over 7% after the company announcing of securing new orders worth of Rs 1,511 crore in its transmission, power systems and cable business from India, Oman, Nepal and Americas. PC Jeweller has surged 7% to Rs 176, extending its previous day’s over 10% rally on the Bombay Stock Exchange. The stock opened at Rs 166 and has seen a combined 9.93 million shares changing hands on the counter till noon deals on both the exchanges.
The overall market breadth is very positive as 1792 stocks advancing compared to 1056 stocks declining.
Wed, Jan 02, 2013 at 13:00 PM
Markets remain firm.
Markets continue to maintain positive trend led by Capital Goods, Oil & Gas, Banking shares, amid optimism generated by the US fiscal cliff deal. Sensex surged by 141 points at 19,721, while Nifty gaining by 45 points at 5,996.
Sector wise, Capital Goods, Oil & Gas, Consumer Durable, Banks, PSU, Metal, Power and Auto indices have surged by 1% each. FMCG is the only sector trading in red.
Gainers on the current session are GAIL, BHEL, HDFC, Bajaj Auto, Sterlite, L&T, Maruti Suzuki, ONGC, Hindalco and Cipla, all spurting between 1-2%. Among other shares, PC Jeweller has surged 7%, extending its previous day’s rally over 10%.
Overall market breadth is positive with 1,724 shares advancing and 996 shares declining.
Sector wise, Capital Goods, Oil & Gas, Consumer Durable, Banks, PSU, Metal, Power and Auto indices have surged by 1% each. FMCG is the only sector trading in red.
Gainers on the current session are GAIL, BHEL, HDFC, Bajaj Auto, Sterlite, L&T, Maruti Suzuki, ONGC, Hindalco and Cipla, all spurting between 1-2%. Among other shares, PC Jeweller has surged 7%, extending its previous day’s rally over 10%.
Overall market breadth is positive with 1,724 shares advancing and 996 shares declining.
Wed, Jan 02, 2013 at 11:45 AM
Markets holding its ground.
Markets continued to trade higher on the back of the optimism generated by the US fiscal cliff deal. Sensex gained by 169 points at 19,750, while Nifty has gained by 53 points at 6,004.
All sectors are trading positive. Consumer Durables index added 1.5%, Metal, Capital Goods and Oil & Gas indices are up 1% each.
Some of Key stocks are, BHEL gaining up by 2.4%, Sterlite, Jindal Steel and Hindalco, Maruti Suzuki, HDFC and Cipla are up around by 1-1.5% each. Market heavyweight Reliance Industries is up by 1.5%.
The overall market breadth is positive with 1686 stocks advancing compared to 833 stocks declining.
All sectors are trading positive. Consumer Durables index added 1.5%, Metal, Capital Goods and Oil & Gas indices are up 1% each.
Some of Key stocks are, BHEL gaining up by 2.4%, Sterlite, Jindal Steel and Hindalco, Maruti Suzuki, HDFC and Cipla are up around by 1-1.5% each. Market heavyweight Reliance Industries is up by 1.5%.
The overall market breadth is positive with 1686 stocks advancing compared to 833 stocks declining.
Wed, Jan 02, 2013 at 10:00 AM
Markets extends gain.
Markets extended its gain, after opening firm amid US House of Representative passing bill, which aims to avoid US cliff. Sensex is up by 128.49 points or 0.66% at 19,709.54, while Nifty is up by 40.05 points or 0.65% at 5,990.
All sectors are trading positive. Metal, Real-Esate, Power, Capital Goods, Autos, PSU leading gains. Mid-caps and Small-caps trading firm by gaining 0.6-0.8%.
Among key stocks, Hero MotoCorp rising 1.6%, Maruti Suzuki up by 1.2%, Sterlite and Hindalco gaining by 1.4%, Tata Steel rising by 1%.BHEL and Larsen & Toubro gaining by 2.2% and 1% while SBI and ICICI up by 1%. The other notable movers include, Tata Motors which is trading higher by 1.6% at Rs 321, also its 52-week high, after reporting total sales of commercial and passenger vehicles at 65,582 units (including exports) during December.
Glenmark Pharmaceuticals is trading higher by 1.4% at Rs 546, extending its Tuesday’s 2.2% gain after the company announced the USFDA approval to Salix Pharmaceuticals for marketing anti-diarrheal drug Crofelemer.
Overall market breadth is strong as 1,349 stocks gained compared to 479 declines on.
Among key stocks, Hero MotoCorp rising 1.6%, Maruti Suzuki up by 1.2%, Sterlite and Hindalco gaining by 1.4%, Tata Steel rising by 1%.BHEL and Larsen & Toubro gaining by 2.2% and 1% while SBI and ICICI up by 1%. The other notable movers include, Tata Motors which is trading higher by 1.6% at Rs 321, also its 52-week high, after reporting total sales of commercial and passenger vehicles at 65,582 units (including exports) during December.
Glenmark Pharmaceuticals is trading higher by 1.4% at Rs 546, extending its Tuesday’s 2.2% gain after the company announced the USFDA approval to Salix Pharmaceuticals for marketing anti-diarrheal drug Crofelemer.
Overall market breadth is strong as 1,349 stocks gained compared to 479 declines on.
Wed, Jan 02, 2013 at 09:30 AM
Markets open positive.
Markets opened positive, after US Senate passed a bill, which aims to avoid the US cliffs automatic implementation of $600 billion in spending cuts and tax increase. Sensex spurted to 111.73 points, opening at 19,692.54, while Nifty opened 31.75 points up at 5,982.60.
Sector wise, all sectors are trading positive. Metals, Real-esate, Power, Capital Goods, Autos, PSU lending gains. Mid-caps and Small-caps outperformed the benchmark indices by gaining 0.60% each.
Among key, in Automobile sector Hero MotoCorp rose 1.4%, in Metal sector, Sterlite and Hindalco gaining 1% and 1.2% while Tata Steel rose 1.2%. In Infrastructure sector, BEHL and Larsen & Toubro gained 2% and 1% while SBI and ICICI rose 1% on BSE.
The overall market breadth is strong as 796 stocks gained compared to 146 declines.
Sector wise, all sectors are trading positive. Metals, Real-esate, Power, Capital Goods, Autos, PSU lending gains. Mid-caps and Small-caps outperformed the benchmark indices by gaining 0.60% each.
Among key, in Automobile sector Hero MotoCorp rose 1.4%, in Metal sector, Sterlite and Hindalco gaining 1% and 1.2% while Tata Steel rose 1.2%. In Infrastructure sector, BEHL and Larsen & Toubro gained 2% and 1% while SBI and ICICI rose 1% on BSE.
The overall market breadth is strong as 796 stocks gained compared to 146 declines.
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