The markets made a smart entry into the new September series. After opening flat the markets surged higher and were trading strong throughout the day. The Sensex closed at 11,778.02 up 79 points. The Nifty gained 22 points to close at 3435.
The BSE Small Cap Index closed at 5,814.26 up 0.6% or 35 points.
The BSE Midcap Index gained 1% or 48 points to close at 4,846.2.
All the BSE sectoral indices closed in the positive terrain.
The BSE Health Care Index gained 2% at 3,610.33. Divis Labs, Orchid Chemical, GlaxoSmithKline, Pfizer and Novartis India gained.
The BSE Auto Index rose 2.13% at 4,971.16. Tube Investment, Ashok Leyland, TVS Motor, Bajaj Auto and MICO were among the giners.
The BSE Bankex was up 1.4% at 5,380.79. IOB, Canara Bank, HDFC Bank, Centurion BoP and ICICI Bank moved upwards.
The BSE Capital Goods Index rose 1% at 7,794.59. Lakshmi Machine, Thermax, Siemens and SKF India closed higher.
The BSE Metal Index gained 0.8% at 8,158.84. Jindal Saw, Sterlite Ind and SAIL witnessed selling pressure.
The BSE Oil and Gas Index gained 0.5% at 5,688.48. GAIL, BPCL and Kochi Refin rose higher.
The BSE FMCG Index closed was up 0.22% at 2,034.15. Tata Tea, Nirma and Colgate closed in green.
The BSE IT Index was flat at 4,287.11. HCL Info, Wipro, Mphasis BFL, Infosys and Patni Computer moved northwards on the bourses.
The NSE cash turnover was at Rs 5888.64 crore and the NSE F&O turnover was at Rs 16921.54 crore. The BSE cash turnover was Rs 2798.55 crore. Total market wide turnover was at Rs 25608.73 crore.
Markets today:
- -Markets close firm supported by all-round buying
- -Sensex up 0.7% at 11,778, Nifty up 0.6% at 3435 points
- -All major indices close in positive territory
- -Auto stocks hog limelight on monthly sales numbers
- -BSE Auto index up 2.1%; Bajaj Auto up 3.5%, Tata Motors up 2%
- -BSE Healthcare index up 2%; GSK Pharma up 3.7%, Dr. Reddy's up 3%
- -BSE Bank index up 1.4%; HDFC Bank up 2.8%, ICICI Bank up 2%
- -Zee up 4.6% on hopes CAS will not impact earnings negatively
- -Midcap stocks outperform; NSE CNX Midcap index up 1%
- -Market breadth positive; NSE Advance:Decline ratio 10:7
- -Total market turnover Rs 25,608.73 cr vs Rs 46,658.44 cr.
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