Broad-based buying interest drives Indian stock markets upwards

June 24th, 2011

The Indian Stock Markets that had a positive close yesterday continued had a spectacular run today with buying interest seen in almost all popular counters. Buyers are seen both in large-cap and well as mid-and-small cap stocks.

The CNX Nifty gained 151.25 odd points today to close at 5471.25 and thereby gaining 2.84%. The CNX Midcap too added 156.35 points to close at 7799.10 points. The CNX IT is up 3.19%

Top Nifty gainers of the day include Sesa Goa (up over 6%), SBI, Hero Honda, Ranbaxy (all up over 5%), HDFC, HCL Technologies, JP Associates, L&T, Tata Steel (all up over 4%) and Hindalco (up 3%)

Amongst the top decliners are Reliance Infra and Reliance Industries which are actually marginally down by closing time.

The Sensex added 513.19 points to close the day comfortable over the 18k mark – at 18240.68 points. The BSE Midcap index gained 147.49 points and BSE Small Cap Index is up 140.44 points.

Entry Filed under: Equity Markets, BSE, NSE, Closing Bell

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