Sensex, Nifty end at record high on FII inflows - The New Indian Express

Sensex, Nifty end at record high on FII inflows

Published: 07th March 2014 04:18 PM

Last Updated: 07th March 2014 04:18 PM

Indian markets ended on a buoyant note with Sensex and Nifty at theirrecord highson Friday supported by heavy foreign capital inflows, tracking positive domestic and global cues. Realty, banking and capital goods stocksgained the most.

At the close, the benchmark 30-share index, BSE Sensex added 405.92 points or 1.89% at 21,919.79 with 21 components posting rise. Meanwhile, the broad based NSE Nifty climbed by 125.50 points or 1.96% at 6,526.65 with 38 components posting rise.

Sensex Movers

H D F C Bank contributed rise of 91.79 points in the Sensex. It was followed by Larsen & Toubro (53.53 points), State Bank Of India (38.24 points), Bharti Airtel (29.31 points) and Housing Development Finance Corporation (23.12 points).

However, Infosys contributed fall of 37.36 points in the Sensex. It was followed by Wipro (9.97 points), Tata Consultancy Services (8.24 points), Sun Pharmaceutical Industries (7.31 points) and NTPC (1.56 points).

Major gainers in the 30-share index were Bharat Heavy Electricals (6.31%), I C I C I Bank (5.97%), Reliance Industries (5.72%), Bharti Airtel (5.46%), H D F C Bank (5.31%), and Maruti Suzuki India (5.21%).

On the other hand, Dr Reddy's Laboratories (3.59%), Wipro (3.25%), Infosys (2.47%), Sun Pharmaceutical Industries (1.43%), Tata Consultancy Services (0.72%), and Hero Motocorp (0.42%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps underperformed their larger counterparts declining -0.22% and -0.21% respectively.The major losers in the BSE Midcap were Allcargo Logistics (4.61%), Amara Raja Batteries (3.47%), Alstom India (2.7%), Aban Offshore (2.18%) and CORE Education and Technologies (1.66%).The major losers in the BSE Smallcap were Aegis Logistics (5.1%), Styrolution ABS (India) (4.78%), Aarti Industries (2.59%), Genesys International Corporation (1.89%) and Advanta (1.06%).

Sectors in Limelight

The Realty index was at 1,359.57, up by 69.64 points or by 5.40%. The major gainers were D L F (9.87%), Housing Development and Infrastructure (5.96%), Indiabulls Real Estate (4.52%), Phoenix Mills (1.32%) and Oberoi Realty (0.76%).

The Bankex index was at 13,567.23, up by 689.10 points or by 5.35%. The major gainers were Bank Of Baroda(5.58%), H D F C Bank (5.31%), Federal Bank (4.02%), Bank Of India (3.75%) and Canara Bank (1.99%).

The Capital Goods index was at 11,220.79, up by 437.14 points or by 4.05%. The major gainers were Bharat Heavy Electricals (6.31%), BEML (5.44%), Crompton Greaves (4.31%), A B B India (3.17%) and A I A Engineering (0.71%).

Market Breadth

Market breadth was negative with 1,401 advances against 1,499 declines.

Value and Volume Toppers

Tata Consultancy Services topped the value chart on the BSE with a turnover of Rs. 1,181.45 million. It was followed by Yes Bank (Rs. 1,145.78 million), Larsen & Toubro (Rs. 983.40 million) and I C I C I Bank (Rs. 897.02 million).

The volume chart was led by Media Matrix Worldwide with trades of over 14.00 million shares. It was followed by Jaiprakash Associates (8.57 million), Unitech (7.83 million) and Housing Development and Infrastructure (4.31 million).

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