Sensex rises 113.35 pts in early trade

30th July 2012 10:18 AM

Indian markets continued to gain in early trade for the second day on Monday. The 30-share benchmark index, BSE Sensex opened with a gain of 79.95 points or 0.47% at 16,919.14, while the broad based NSE Nifty started with a rise of 29.90 points or 0.59%, at 5,129.75.

At 09.17 a.m., the Sensex was trading up 113.35 points or 0.67% at 16,952.54 with 28 components gaining. Meanwhile, the Nifty was trading higher by 29.90 points or 0.59% at 5,129.75 with 45 components gaining.

Sensex Movers

I C I C I Bank contributed rise of 27.61 points in the Sensex. It was followed by Reliance Industries (18.32 points), Infosys (13.53 points), H D F C Bank (12.6 points) and I T C (12.37 points).

However, Maruti Suzuki India contributed fall of 3.77 points in the Sensex. It was followed by Hero Motocorp (0.35 points), D L F (0.25 points), ACC (1.15 points) and Wipro (1.17 points).

Major gainers in the 30-share index were I C I C I Bank (2.20%), Tata Power Company (1.90%), Sterlite Industries (India) (1.88%), Tata Motors (1.60%), Tata Steel (1.36%), and Reliance Industries (1.21%).

On the other hand, Maruti Suzuki India (1.95%), and Hero Motocorp (0.14%) were the major losers in the Sensex.

Market Breadth

Market breadth was negative with 403 advances against 119 declines.

Value and Volume Toppers

State Bank Of India topped the value chart on the BSE with a turnover of Rs. 15.73 million. It was followed by I C I C I Bank (Rs. 12.83 million), Maruti Suzuki India (Rs. 7.20 million) and Ashapura Minechem (Rs. 6.11 million).

The volume chart was led by Ashapura Minechem with trades of over 0.29 million shares. It was followed by Cals Refineries (0.22 million), Suzlon Energy (0.09 million) and Spicejet (0.07 million).

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