Tue, Mar 05, 2013 at 18:00 PM
Markets closed higher, amid Fed optimism.
Markets closed higher amid speculation that the US Fedral Reserve will continue its accommodative monetary policy stance in the wake of sluggish growth. Sensex closed up by 265.21 or 1.40% at 19,143.17 after opening up by 65.66 points or 0.35% at 18,943.62 and touching high of 19,164.04 and low of 18,943.62, while Nifty ended up by 86.05 points or 1.51% at 5,784.25 after opening up by 24.25 points or 0.43% at 5,722.45 and clocked a high of 5,790.10 and a low of 5,722.40 in the day.
Sectoral wise, all indices ended positive. Leading the list was Real-Estate closed up by 3.13%, Metal gaining by 2.65%, Bank, Auto, Oil & Gas, IT, Capital Goods, Healthcare and PSU gained between 2-1% respectively, Power gaining up by 0.82%, FMCG up by 0.56% and Consumer Durables up by 0.22%. In broader market, Mid-cap surged up by 1.66% and Small-cap gaining by 1.11%.
Major stock movers were, Sterlite Industries and Hindalco Industries spurted up by 4.47% and 4.29%, Tata Motors, ICICI Bank and Wipro Limited surged up by 3.73%, 3.36% and 3.30%, Cipla Limited, Maruti Suzuki, Jindal Steel & Power Limited, Tata Steel, Larsen & Tourbo ans Bharti Airtel gaining up between 3-2% each, Tata Consultancy Limited, Hindustan Unilever, Gail (India), Reliance Industries Limited, State Bank of India, Dr. Reddys Laboratories, Tata Power, Mahindra & Mahindra and ONGC gaining up between 2-1% respectively, HDFC Bank up by 0.81%, Coal India Limited up by 0.75%, Infosys gained up by 0.62%, Hero Motocorp gained by 0.39, while HDFC and Sun Phamaceticals tad up by 0.06-0.03% each.
Major stock losers were, Bajaj Auto declining by 0.64%, BHEL fell by 0.63%, ITC down by 0.26% and NTPC tad down by 0.10%.
Alembic Pharmaceuticals surged up by over 15%, after the company reported that it has received USFDA approval for its NDA Desvenlafaxine base extended release tablets.
Tata Motors edged higher by 3.73% on reports that the company has cut the price of its Manza and Indica passenger car range by up-to Rs. 50,000/- in order to increase its sluggish sales for the recent month.
Steel Strips Wheels spurted up by 11%, after the company reported a 63% year-on-year growth in export sales of steel wheel rims for the month of February 2013 as compared to the same month for the previous year.
Overall market breadth was firm positive with 1,679 shares advancing compared to 1,142 shares declining, while 112 shares remained unchanged.
Markets closed higher, amid Fed optimism.
Markets closed higher amid speculation that the US Fedral Reserve will continue its accommodative monetary policy stance in the wake of sluggish growth. Sensex closed up by 265.21 or 1.40% at 19,143.17 after opening up by 65.66 points or 0.35% at 18,943.62 and touching high of 19,164.04 and low of 18,943.62, while Nifty ended up by 86.05 points or 1.51% at 5,784.25 after opening up by 24.25 points or 0.43% at 5,722.45 and clocked a high of 5,790.10 and a low of 5,722.40 in the day.
Sectoral wise, all indices ended positive. Leading the list was Real-Estate closed up by 3.13%, Metal gaining by 2.65%, Bank, Auto, Oil & Gas, IT, Capital Goods, Healthcare and PSU gained between 2-1% respectively, Power gaining up by 0.82%, FMCG up by 0.56% and Consumer Durables up by 0.22%. In broader market, Mid-cap surged up by 1.66% and Small-cap gaining by 1.11%.
Major stock movers were, Sterlite Industries and Hindalco Industries spurted up by 4.47% and 4.29%, Tata Motors, ICICI Bank and Wipro Limited surged up by 3.73%, 3.36% and 3.30%, Cipla Limited, Maruti Suzuki, Jindal Steel & Power Limited, Tata Steel, Larsen & Tourbo ans Bharti Airtel gaining up between 3-2% each, Tata Consultancy Limited, Hindustan Unilever, Gail (India), Reliance Industries Limited, State Bank of India, Dr. Reddys Laboratories, Tata Power, Mahindra & Mahindra and ONGC gaining up between 2-1% respectively, HDFC Bank up by 0.81%, Coal India Limited up by 0.75%, Infosys gained up by 0.62%, Hero Motocorp gained by 0.39, while HDFC and Sun Phamaceticals tad up by 0.06-0.03% each.
Major stock losers were, Bajaj Auto declining by 0.64%, BHEL fell by 0.63%, ITC down by 0.26% and NTPC tad down by 0.10%.
Alembic Pharmaceuticals surged up by over 15%, after the company reported that it has received USFDA approval for its NDA Desvenlafaxine base extended release tablets.
Tata Motors edged higher by 3.73% on reports that the company has cut the price of its Manza and Indica passenger car range by up-to Rs. 50,000/- in order to increase its sluggish sales for the recent month.
Steel Strips Wheels spurted up by 11%, after the company reported a 63% year-on-year growth in export sales of steel wheel rims for the month of February 2013 as compared to the same month for the previous year.
Overall market breadth was firm positive with 1,679 shares advancing compared to 1,142 shares declining, while 112 shares remained unchanged.
Tue, Mar 05, 2013 at 13:00 PM
Markets extended gains.
Markets extended the gains amid buying in Bank, Auto and Metal sectors due to positive global cues. Sensex is up by 194.04 points or 1.03% at 19,072, while Nifty gaining up by 58.80 points or 1.03% at 5,757.
Sectoral wise, Metal and Auto indices gaining up by 2%, Real-Estate, Oil & Gas, IT, Healthcare and Bank too were trading positive up by 1% each, while Consumer Durable and FMCG were trading negative. In broader market Mid-cap gaining by 1.03%, while Small-cap gained up by 0.44%.
Major stock movers were, Reliance Industries Limited, ICICI Bank, Tata Motors, Jindal Steel & Power Limited, Sterlite Industries and Maruti Suzuki surging up between 2-4% respectively, while Bharti Airtel, ITC, NTPC and Bajaj Auto declined between 0.50-1% respectively.
Balrampur Chini Mills surging up by 5.40%, Shree Renuka Sugar rallied up by 4.40% and Bajaj Hindustan Gaining up by 3.20%, on reports that the government might consider easing curbs on sugar sectors on higher production expectation.
Overall market breadth remains positive with 1,430 shares advancing compared to 1,113 shares declining.
Markets extended gains.
Markets extended the gains amid buying in Bank, Auto and Metal sectors due to positive global cues. Sensex is up by 194.04 points or 1.03% at 19,072, while Nifty gaining up by 58.80 points or 1.03% at 5,757.
Sectoral wise, Metal and Auto indices gaining up by 2%, Real-Estate, Oil & Gas, IT, Healthcare and Bank too were trading positive up by 1% each, while Consumer Durable and FMCG were trading negative. In broader market Mid-cap gaining by 1.03%, while Small-cap gained up by 0.44%.
Major stock movers were, Reliance Industries Limited, ICICI Bank, Tata Motors, Jindal Steel & Power Limited, Sterlite Industries and Maruti Suzuki surging up between 2-4% respectively, while Bharti Airtel, ITC, NTPC and Bajaj Auto declined between 0.50-1% respectively.
Balrampur Chini Mills surging up by 5.40%, Shree Renuka Sugar rallied up by 4.40% and Bajaj Hindustan Gaining up by 3.20%, on reports that the government might consider easing curbs on sugar sectors on higher production expectation.
Overall market breadth remains positive with 1,430 shares advancing compared to 1,113 shares declining.
Tue, Mar 05, 2013 at 09:30 AM
Markets opened positive.
Markets opened higher amid positive cues from Global markets. Sensex opened up by 65.66 points or 0.35% at 18,943.62 is current at 19,011 up by 133.04 points or 0.70%, while Nifty opened up by 24.25 points or 0.43% at 5,722.45 is current at 5,735 up by 36.80 points or 0.65%.
Sector wise, Real-Estate gaining up by almost 2%, followed by indices Auto, Metal, Oil & Gas, Bank, IT and Power all edgeing higher by 1% respectively.
Major stock movers were, Wipro Limited, ICICI Bank, Hindalco Industries, Reliance Industries Limited, Tata Motors and Jindal Steel & Power Limited gaining between 1-3%, while Bharti Airtel, ONGC, Bajaj Auto, HDFC Bank and Dr. Reddys Laboratories declining between 0.10-1.0% respectively.
Natco Pharma rallied by almost 6%, after company won cancer drug cast against Bayer Corporation.
Essar Oil surged up by 5%, after the company got clearance from the ministry of environment and forests for phase-III Raniganj block in West Bengal, allowing it to increase drilling to 650 wells.
Tata Motors surging up by neraly 3%, as company slashed the price of its hatchbacks and sedans by up-to Rs. 50,000/- to increase its sagging sales.
GMR Infra gaining up by 3%, on planning of selling 70% stake in GMR Energy to FPM power for $533.50 million.
Overall market breadth is positive with 1,022 shares advancing, while 498 shares declining.
Markets opened positive.
Markets opened higher amid positive cues from Global markets. Sensex opened up by 65.66 points or 0.35% at 18,943.62 is current at 19,011 up by 133.04 points or 0.70%, while Nifty opened up by 24.25 points or 0.43% at 5,722.45 is current at 5,735 up by 36.80 points or 0.65%.
Sector wise, Real-Estate gaining up by almost 2%, followed by indices Auto, Metal, Oil & Gas, Bank, IT and Power all edgeing higher by 1% respectively.
Major stock movers were, Wipro Limited, ICICI Bank, Hindalco Industries, Reliance Industries Limited, Tata Motors and Jindal Steel & Power Limited gaining between 1-3%, while Bharti Airtel, ONGC, Bajaj Auto, HDFC Bank and Dr. Reddys Laboratories declining between 0.10-1.0% respectively.
Natco Pharma rallied by almost 6%, after company won cancer drug cast against Bayer Corporation.
Essar Oil surged up by 5%, after the company got clearance from the ministry of environment and forests for phase-III Raniganj block in West Bengal, allowing it to increase drilling to 650 wells.
Tata Motors surging up by neraly 3%, as company slashed the price of its hatchbacks and sedans by up-to Rs. 50,000/- to increase its sagging sales.
GMR Infra gaining up by 3%, on planning of selling 70% stake in GMR Energy to FPM power for $533.50 million.
Overall market breadth is positive with 1,022 shares advancing, while 498 shares declining.
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