Mkts end strong, highest since May 19
Mkts end strong, highest since May 19
The markets closed second time above some important levels, which they were struggling with a couple of days back.

Mumbai: Supported by extremely positive breadth and the volumes picking up, the Sensex and Nifty closed a high for the second day running on Wednesday.

In what came as the highest close for Sensex, Nifty since May 18, not only the frontliners participated but even the midcaps were roaring.

The Sensex closed with gains of 130.21 points or 1.2 per cent at 11,145.18. The Nifty gained 42 points to close at 3,255.

The BSE Small Cap Index closed at 5,387.20 up 88 points or 1.66 per cent. The BSE Midcap Index ended at 4,497.74, up 88 points or 2 per cent.

The rally was seen in indices across sectors. All the BSE sectoral indices closed in the green. Consumer Durables, FMCG and metal stocks led the rally followed by capital goods and auto stocks.

The BSE Consumer Durables Index gained 3.7 per cent at 2,860.40. The BSE FMCG Index was up 2.2 per cent at 1,934.67. Shaw Wallace, Britannia, ITC, Tata Tea and Nirma closed in green.

The BSE Metal Index advanced by 2.05 per cent at 8,055.31. Jindal Steel, Sesa Goa, NALCO, SAIL and Hindalco witnessed buying interest.

The BSE Auto Index added 1.9 per cent at 4,689.03. MRF, Tube Investment, Tata Motors, Apollo Tyres and M&M closed in positive terrain.

The BSE Capital Goods Index was up 1.8 per cent at 7,402.25. Gammon India, Alstom Projects, Carborundum, Praj Industries and KEC Infrastructure closed higher.

The BSE IT Index was up by 1.4 per centat 4,072.99 moved up. Satyam, HCL Tech, Moser Baer and TCS jumped up.

The BSE Health Care Index was up by 1.3 per cent at 3,341.27. Aventis Pharma, Divis Labs, Orchid Chemical, GlaxoSmithKline and Wockhardt were among the major gainers.

The BSE Oil and Gas Index rose 1 per cent at 5,097.81. HPCL, Chennai Petro, ONGC, BPCL and Reliance advanced higher.

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The BSE Bankex was up 0.8 per cent at 5,056.99. Bank of India, Centurion BoP, Union Bank, SBI and Oriental Bank were among the gainers.

The NSE cash turnover was at Rs 6288.96 crore and the NSE F&O turnover was at Rs 22387.41 crore. The BSE cash turnover was Rs 2889.41 crore. Total market wide turnover was at Rs 31565.78 crore.

Markets Today

  • Sensex up 1.18 per cent or 130.21 points at 11,145.18
  • Nifty up 1.31 per cent or 42.20 points at 3,254.60
  • All BSE Sectoral Indices in the green
  • BSE FMCG Index up 2.24 per cent; ITC up 3.68 per cent, HLL firm
  • BSE Metal Index up 2 per cent; Nalco up 3.75 per cent, SAIL up 3.18 per cent
  • BSE Auto Index up 1.92 per cent; Tata Motors up 3.65 per cent, M&M up 2.2 per cent
  • SBI hogs the limelight; up 4 per cent at Rs 865
  • CNX Midcap Index up 1.75 per cent led by sugar stocks
  • Balrampur Chini up 9.82 per cent, Bajaj Hind up 6.4 per cent
  • BSE Small Cap Index; K M Sugar up 18.2 per cent
  • NSE Advance Decline ratio at 10:3
  • Total market turnover at Rs 31565.78 cr vs Rs 21575.01 cr on Tuesday
  • What's your reaction?

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