Indian equities rallied further in the post noon trade on sustained buying seen acrossall counters. Rate sensitives led the rally on rate cut hopes later this month.
At 1.20 pm, the Sensex was trading up 192.96 points or 1.02% at 19,070.92 with 23 components gaining. Meanwhile, the Nifty was trading higher by 60.30 points or 1.06% at 5,758.80 with 39 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 65.66 points or 0.35% at 18,943.62, while the broad based NSE Nifty started with a rise of 23.95 points or 0.42%, at 5,722.45.
Sensex Movers
I C I C I Bank contributed rise of 41.6
points in the Sensex. It was followed by Reliance Industries (33.96
points), Tata Motors (21.93 points), Larsen & Toubro (18.32
points) and Tata Consultancy Services (16.44 points).
However, Tata Steel contributed fall of 8.44 points in the Sensex. It was followed by I T C (6.82 points), NTPC (3.24 points), Bharti Airtel (1.55 points) and Bharat Heavy Electricals (0.61 points).
Major gainers in the 30-share index were Tata Motors (3.38%), Hindalco Industries (3.23%), Sterlite Industries (India) (3.09%), I C I C I Bank (2.88%), Wipro (2.81%), and Maruti Suzuki India (2.53%).
On the other hand, Tata Steel (3.07%), NTPC (1.10%), Bajaj Auto (0.69%), I T C (0.36%), Bharti Airtel (0.32%), and Bharat Heavy Electricals (0.30%) were the biggest losers in the Sensex.
Sectors in Limelight
The Metal index was at 9,055.38, up by 162.29 points or by 1.82%. The major gainers were Hindalco Industries (3.23%), Jindal Steel & Power (2.02%), JSW Steel (1.44%), Bhushan Steel (0.85%) and Coal India (0.62%).
The Realty index was at 1,918.22, up by 30.27 points or by 1.60%. The major gainers were Godrej Properties (3.87%), Indiabulls Real Estate (2.94%), Housing Development and Infrastructure (2.56%), Oberoi Realty (1.8%) and D L F (1.7%).
The Auto index was at 10,695.72, up by 162.75 points or by 1.55%. The major gainers were Ashok Leyland (3.33%), Maruti Suzuki India (2.53%), Bharat Forge (1.66%), Mahindra & Mahindra (0.98%) and Hero Motocorp (0.4%).
On the other hand, the Consumer Durables index was at 7,204.39, down by 38.29 points or by 0.53%. The major losers were Titan Industries (2.15%), Bajaj Electricals (2.04%), Whirlpool Of India (1.31%) and Symphony (1.03%).
Market Breadth
Market breadth was positive with 1,475 advances against 1,162 declines.
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 533.69 million. It was followed by Adani Power (Rs. 353.19 million), NHPC (Rs. 314.22 million) and Mahindra & Mahindra (Rs. 270.25 million).
The volume chart was led by NHPC with trades of over 16.41 million shares. It was followed by Ashok Leyland (10.31 million), Adani Power (7.78 million) and I F C I (2.68 million).
Post a Comment