Sensex gains 143 points to 10,809

The markets closed in the positive terrain on the last of the week due to sustained buying seen in index pivotals.

The Sensex closed with the gain of nearly 1.34% or 143 points at 10,809 and the Nifty was up more than 1% at 3,209.

The BSE Small Cap rose by 2.6% & the BSE Midacp was up over 2.47%.  All the BSE sectoral indices closed in green.

The BSE Metal index advanced 3.54% to close at 8,919.78. Stocks like Guj NRE Coke, JSW Steel, SAIL, Jindal Stainless, Hind Zinc and Tata Steel gained.

Stocks likes Titan Industries, Su-Raj Diamonds, Whirlpool, Blue Star and Samtel Color surged. The consumer durables index closed at 3,076.85 up 2.97%

The capital goods index rose 2.3% to close at 7,535.89. Stocks like Alstom Projects, Lakshmi Machine, SKF India, Bharat Electronics and Siemens witnessed buying interest.

The FMCG index rose 1.91% and close at 2,027.58. Stocks like Dabur India, Tata Tea, Britannia, Nirma and HLL moved up.

The health care index was up 1.74% at 3,502.68. Stocks like Aurobindo Pharma, Cipla, Divis Labs, Lupin, Orchid Chemical and Wockhardt soared.

The bankex was up 1.6% at 4,990.92. Stocks like Allahabad Bank, Bank of Baroda, IOB, Canara Bank, Andhra and Kotak Mahindra minted money.

The auto index gained 1.56% to close at 4,967.36. Stocks like TVS Motor, MRF, Hind Motors, Bajaj Auto, Escorts and Hero Honda advanced.

The oil & gas sector was up 1.14% to close at 5,223.29.Stocks like GAIL, Kochi Refinery, MRPL, HPCL and IOC zoomed.

The IT index rose 1.5% to close at 3,694.72. Stocks like Patni Computer, I-Flex Solution, Infosys and HCL Tech rallied.

The NSE cash turnover stood at Rs 7145.92 crore (Rs 71.45 billion) and the NSE F&O turnover was Rs 23408.32 crore (Rs 234.08 billion).

The BSE cash turnover stood at Rs 3158.35 crore (Rs 31.58 billion). The total market turnover was at Rs 33712.59 crore (Rs 337.12 billion) versus Rs 56867.82 crore (Rs 568.67 billion) on Thursday.

Markets Today:

• Markets fail to hold on to early gains during the start of fresh series
• Sensex up 1.34% or 143 points at 10809.35; swings 315 points
• Nifty up 1% or 32 points at 3209.60; swings 100 points
• All BSE sectoral indices close in the green
• BSE Metal Index up 3.5%; SAIL up 6.8%, Tata Steel up 4.8%
• BSE Capital Goods Index up 2.33%; BEML, Siemens up over 4% each
• Index draggers: ONGC down 2.25%, Bharti Airtel down 1.5%
• NSE Advance Decline ratio at 4:1
• Index Gainers: GAIL up nearly 10%, Dabur up over 8%, Cipla up Over 6%

Markets This Week:

• Markets fail to hold on to early gains during the start of fresh series
• Sensex up 1.34% or 143 points at 10809.35; swings 315 points
• Nifty up 1% or 32 points at 3209.60; swings 100 points

All BSE sectoral indices close in the green

• BSE Metal Index up 3.5%; SAIL up 6.8%, Tata Steel up 4.8%
• BSE Capital Goods Index up 2.33%; BEML, Siemens up over 4% each
• CNX Midcap, BSE Small-cap Indices up 2.5% each
• Mid cap banking stock gain; Vijaya Bank up 16%, J&K Bank up 10%
• NSE Advance Decline ratio at 4:1
• Index Gainers: Dabur up 11.5%, SAIL up 8.5%, Tata Chem up 8.2%
• Index Gainers: Nalco up 7%, VSNL up 7.3%
• Index Losers: Jet Airways sown 13%, ONGC down 8.5%, DRL Down 6%
• Index Losers: HDFC down 6%, Tata Power Down 4.2%
• Midcap Gainers: Adlabs up 16%, SEA Marine Up 15%, Mastek Up 9.7%
• Midcap Losers: McDowell down 19%, Adani Exports down 14%

Gary Coull, Chairman of CLSA, Asia Pacific markets believes that Asian markets corrected due to higher risk component. Coull further said that the company was looking to invest reasonable amount of new money into India.

Fundamental Analyst Nirav Seth of Brics Securities says that even if the market gives away 5%, not all stocks will fall. He says that it is a good time to pick up media stocks and he is bullish on Reliance.

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Sensex Rise and Fall: Complete Coverage

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