Indian marketssettled on a higher note on Fridayled by global factors and hopes of rate cut. U.S. monthly jobs data to be eyed today. Oil & gas, FMCG and metal stocks gained ground.At the close, the benchmark 30-share index, BSE Sensex gained 269.69 pointsor 1.39% at 19,683.23 with 24 components registering rise. Meanwhile, the broad based NSE Nifty went up by 82.40 points or 1.41% at 5,945.70 with 42 components posting rise Sensex Movers
Housing Development Finance Corporation contributed rise of 57.33 points in the Sensex. It was followed by H D F C Bank (34.64 points), I T C (32.66 points), Reliance Industries (32.4 points) and I C I C I Bank (27.08 points).
However, Infosys contributed fall of 19.23 points in the Sensex. It was followed by Tata Motors (5.25 points), Tata Consultancy Services (4.27 points), Maruti Suzuki India (3.91 points) and Wipro (3.63 points).
Major gainers in the 30-share index were Jindal Steel & Power (5.57%), Housing Development Finance Corporation (3.91%), G A I L (India) (3.03%), Coal India (2.84%), Tata Steel (2.47%), and H D F C Bank (2.40%).
On the other hand, Maruti Suzuki India (1.55%), Wipro (1.15%), Infosys (1.11%), Tata Motors (0.78%), Tata Consultancy Services (0.40%), and Hindalco Industries (0.05%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts gaining 0.72% and 0.68% respectively.The major gainers in the BSE Midcap were Aban Offshore (3.17%), Allcargo Logistics (1.11%), Allahabad Bank (0.14%), Amara Raja Batteries (0.07%) and A I A Engineering (0.02%).The major gainers in the BSE Smallcap were Aarti Industries (4.6%), Adhunik Metaliks (4.16%), Action Construction Equipment (1.62%), Trident (0.73%) and Advanta India (0.05%).
Sectors in Limelight
The Oil & Gas index was at 9,021.29, up by 176.77 points or by 2.00%. The major gainers were Bharat Petroleum Corporation (3.59%), Castrol India (3.58%), G A I L (India) (3.03%), Cairn India (2.5%) and Hindustan Petroleum Corporation (2.36%).
The FMCG index was at 5,764.04, up by 108.94 points or by 1.93%. The major gainers were Godrej Consumer Products (4.06%), Dabur India (1.96%), I T C (1.66%), Hindustan Unilever (1.17%) and Colgate-Palmolive (India) (0.03%).
The Metal index was at 9,453.10, up by 164.23 points or by 1.77%. The major gainers were Jindal Steel & Power (5.57%), Coal India (2.84%), JSW Steel (0.98%), Hindustan Zinc (0.5%) and Bhushan Steel (0.28%).
On the other hand, the IT index was at 7,010.98, down by 48.62 points or by 0.69%. The major losers were Oracle Financial Services Software (2.68%), Financial Technologies (India) (2.06%), Wipro (1.15%), Infosys (1.11%) and Tata Consultancy Services (0.4%).
Market Breadth
Market breadth was positive with 1,768 advances against 1,173 declines.
Value and Volume Toppers
Multi Commodity Exchange of India topped the value chart on the BSE with a turnover of Rs. 1,418.95 million. It was followed by Jet Airways (India) (Rs. 1,108.82 million), State Bank Of India (Rs. 770.57 million) and Housing Development and Infrastructure (Rs. 500.38 million).
The volume chart was led by Housing Development and Infrastructure with trades of over 7.22 million shares. It was followed by Baroda Extrusion (6.52 million), G T L Infrastructure (6.42 million) and Suzlon Energy (6.39 million).
Comments(1)
If korean war problem solved, NIFTY may go up to 5950
Posted by SRINIVASAN KANNAN at 04/14/2013 07:41 Reply to this Report abuse