Market turns positive; Sensex climbs 150 points - The New Indian Express

Market turns positive; Sensex climbs 150 points

Published: 11th October 2012 03:18 PM

Last Updated: 11th October 2012 03:18 PM

Indian equities bounced back sharply in afternoon trade on Thursday. At 2.15 pm, the Sensex was trading up 149.78 points or 0.80% at 18,780.88 with 25 components gaining. Meanwhile, the Nifty was trading higher by 51.45 points or 0.91% at 5,703.60 with 42 components gaining.

The 30-share benchmark index, BSE Sensex opened flat with a decline of 3.73 points or 0.02% at 18,627.37, while the broad based NSE Nifty started with a rise of 11.35 points or 0.20%, at 5,663.50.

Sensex Movers

Infosys contributed rise of 23.31 points in the Sensex. It was followed by Larsen & Toubro (15.85 points), Housing Development Finance Corporation (12.63 points), H D F C Bank (12.27 points) and I C I C I Bank (12.04 points).

However, Mahindra & Mahindra contributed fall of 3.07 points in the Sensex. It was followed by Maruti Suzuki India (2.14 points), Hero Motocorp (1.15 points), Wipro (0.23 points) and Sun Pharmaceutical Industries (0.09 points).

Major gainers in the 30-share index were Bharti Airtel (2.25%), Bharat Heavy Electricals (1.86%), Tata Motors (1.85%), Tata Steel (1.57%), Infosys (1.56%), and Larsen & Toubro (1.53%).

On the other hand, Maruti Suzuki India (0.96%), Mahindra & Mahindra (0.70%), G A I L (India) (0.53%), Hero Motocorp (0.51%), and Wipro (0.08%) were the major losers in the Sensex.

Sectors in Limelight

The Realty index was at 1,865.51, up by 62.34 points or by 3.46%. The major gainers were Indiabulls Real Estate (4.12%), Housing Development and Infrastructure (3.42%), D L F (2.42%), Anant Raj Industries (1.84%) and Godrej Properties (0.22%).

The Capital Goods index was at 11,149.98, up by 150.02 points or by 1.36%. The major gainers were Bharat Heavy Electricals (1.86%), Alstom India (1.09%), A B B (0.68%), BEML (0.44%) and Bharat Electronics (0.22%).

The IT index was at 5,917.51, up by 73.38 points or by 1.26%. The major gainers were H C L Technologies (1.86%), Infosys (1.56%), Tech Mahindra (1.19%), Mphasis (0.9%) and Oracle Financial Services Software (0.84%).

The TECk index was at 3,404.26, up by 41.40 points or by 1.23%. The major gainers were Bharti Airtel (2.25%), Reliance MediaWorks (1.6%), Mphasis (0.9%), Oracle Financial Services Software (0.84%) and Idea Cellular (0.63%).

Market Breadth

Market breadth was positive with 1,551 advances against 1,181 declines.

Value and Volume Toppers

State Bank Of India topped the value chart on the BSE with a turnover of Rs. 1,061.87 million. It was followed by Yes Bank (Rs. 794.82 million), United Spirits (Rs. 568.86 million) and Reliance Capital (Rs. 462.89 million).

The volume chart was led by Unitech with trades of over 9.52 million shares. It was followed by Cals Refineries (7.34 million), Lanco Infratech (5.82 million) and Firstsource Solutions (5.35 million).

Disclaimer: We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the NIE editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.


Recent Activity

Pinterest Google Plus Twitter Facebook tumblr RSS Mobile Site apple Newshunt