Ranbaxy amongst top gainers; Bharti leads top loser charts
Weakness in the markets is pretty evident today, primarily because of pre-budget weakness and the way investors have reacted to the Bharti deal. The actual recovery of the markets is at the last one-hour of trade when almost all sectoral indices have turned positive and the sudden interest that has got built on Ranbaxy.
Nifty closed the day at 4855.75 and is up 1.12%. CNX IT is up 1.38% while CNX Midcap is up 0.52%. Top gainers on the Nifty today include Ranbaxy (up 8.5%), ACC, Ambuja Cements (both up over 2%), Hindalco, Hindustan Unileaver, Tata Motors (all up over 3%), Sterlite, Siemens, BPCL and M&M (all up over 2%). On the losers list are Bharti Airtel (down 4.1%), Axis Bank, Hero Honda, Jindal Steel (all marginally down).
The Sensex managed to open and close the day above 16K levels without dipping below it. The BSE Sensex opened the day at 16,042.18, touched a high of 16,310.39 and a low of 16,021.29 to finally close at 16,226.68 compared to previous closing mark of 16,038.35. The Sensex has gained 188.33 points or 1.17% in todays trade.
All BSE Sectoral Indices closed in the green. Leading the list are Metals, Auto, IT, Realty, Oil & Gas, Bankex, PSU and Capital Goods (all up over 1%) and FMCG, Power and Consumer Durables that are marginally in the green.
Tuesday, February 16, 2010 16:33:12 PM
February 16th, 2010
BSE Sensex down by 114 points
The Indian stock markets closed the trading day today in the red marginally. The Nifty closed the day at 4801.95 barely managing to hold the 4800 mark. Nifty is down by 0.52% in the process. CNX IT is up 0.40%. CNX Midcap is down 0.41%
The BSE Sensex opened the day at 16,186.90, touched an day high of 16,227.04 and a day low of 16,011.82 to close at 16,038.35 compared to the previous 16,152.59 mark. Sensex is down by 114.24 points or 0.71% today.
Amongst the BSE sectorial indices, Health care, IT and Metal managed to close in the green. However, Capital goods, FMCG, Power, Auto, Realty, Bankex, PSU, Oil & Gas and Consumer Durables closed in the red.
Top gainers of the day are HCL Tech (Up 3.3%), Jindal Steel (Up 2.9%), IDFC, Hindalco, Cipla, BHEL and HDFC Bank (all up over 1%), Tata Steel, Hero Honda and M&M (all marginally up). Top losing stocks of the day include Bharti Airtel (down 9.2%), Sterlite, Reliance Communications, Reliance Capital, Tata Power and Reliance Infra (all down over 2%), Power Grid, Ambuja Cement, Hindustan Unileaver and SAIL (all down over 1%).
Monday, February 15, 2010 18:21:40 PM
February 15th, 2010
BSE gains over 200 points
After a series of dull trading days, the markets seems to have set what is considered an essential direction for its movement. The Nifty closed the day 4757.20 points up 1.47%. The CNX 100 is up 1.33%. The CNX 500 is up 1.08%. The CNX Midcap is up 0.69% while the Nifty Midcap 50 is up 1.06%
The BSE Sensex opened the day at 15,928.28, touched an intra-day high of 16,202.87 and an intra-day low of 15,928.28 to finally close above the 16K mark at 16,152.59 compared to previous day closure of 15,922.17. The Sensex has gained 230.42 and is up 1.45%. All BSE Sectoral indices have closed in the green. Oil & Gas, Auto and Reality are up over 2%. Metal, FMCG, Bankex, IT and Consumer Durables are up over 1%. Capital Goods, Power, PSU and Health Care are marginally up.
Top gainers of the day are Unitech, JP Associates, Reliance, M&M and Tata Motors (all up over 3%), ICICI Bank, Ambuja Cement, Jindal Steel & Power, Hero Honda and IDFC (all up 2%). On the loser side are Tata Power, BPCL, Bharti Airtel, Power Grid, HDFC Bank and Grasim.
Thursday, February 11, 2010 15:55:53 PM
February 11th, 2010
Realty and Consumer Durables shine
Indian stock markets had a positive opening in the morning but soon lost the speed before the end of the first hour of trade. Surprisingly the markets came to the positive line but soon gave up few points. The markets again gained points quickly to reach to the day opening levels but the last hour trade witnessed heavy selling forcing the markets to touch an intra-day low.
CNX Nifty ended the day at 4754.70 down by 0.79%. The CNX IT closed the day at 5606.30 down 0.75%. Bank Nifty is down 8392.45 and is down by 1.20%. Top Nifty gainers include BPCL (up about 2.8%), JP Associates, Unitech, HDFC Bank, Hindalco, Bharti Airtel, Hero Honda, Grasim (all up over 1%), Sterlite Industries and ABB (both marginally in the green). Top Nifty losers include Cipla, SAIL, M&M, Punjab National Bank, Tata Steel, Tata Power, Sun Pharma, NTPC, SBI and L&T.
The Bombay Stock Exchange opened the day at 16,042.18, touched an intra-day high of 16,141.13 and an intra-day low of 15,892.01 to close at 15,900.82 as against to the previous day close of 16,042.18. The Sensex has effectively slipped 141.36 points (or 0.88%) in today’s trade.
Wednesday, February 10, 2010 15:47:24 PM IST
February 10th, 2010
IT, PSU stocks shine
The Indian stock markets had a flat trading day today. The Nifty opened the day on a little downside, inched to the day low in less than an hour of trade and ever since then moved towards the positive and kept holding it albeit with little gains.
Nifty which closed at 4760.40 closed today at 4786.45 gaining 0.55%. The CNX IT closed up 2.18%. CNX Midcap closed 0.85% while Nifty Midcap 50 closed up by 1.11%.
Top Nifty gainers of the day include Grasim (up over 4%), Cairn, ACC, Ambuja Cement (all up over 3%), Wipro, Infosys, Hero Honda (all up over 2%), Sun Pharma, Idea and Siemens (all up over 1%).
On the losers side BPCL (down 2.5%), Suzlon, Hindustan Unileaver, DLF, Hindalco, ONGC, ITC, Jindal Steel (all down over 1%), M&M and IDFC (both marginally down).
The BSE Sensex opened the day at 15,940.73, touched an intra-day high of 16,094.13 and intra-day low of 15,862.90 and closed the day at 16,029.95 having gained 94.34 points today. IT and PSU sectoral indices have done well while Oil & Gas and Realty stocks took the beating.
Tuesday, February 09, 2010 15:49:28 PM
February 9th, 2010
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