29 Dec Closing Market Updates

29 Dec Closing Market Updates

Nifty closed 66.55 points up at 6062.55
Sensex closed 245.28 points up at 20270.70
The Sensex gained further strength touching a high of 20,235.41 as buying is being witnessed across all counters. Consumer durables, banking, FMCG and metals rallied
The 30-share benchmark index, BSE Sensex opened with a gain of 35.46 points or 0.18% at 20,060.88, while the broad based NSE Nifty started with a rise of 9.15 points or 0.15%, at 6,005.15.

Sensex Movers
H D F C Bank contributed rise of 27.86 points in the Sensex. It was followed by Housing Development Finance Corporation (20.65 points), I C I C I Bank (19.53 points), Bharti Airtel (16.25 points) and I T C (14.53 points).
However, Wipro contributed fall of 3.57 points in the Sensex. It was followed by Tata Power Company (1.36 points), Sun Pharmaceutical Industries (1.18 points), ACC (0.59 points) and Reliance Communications (0.46 points).
Biggest gainers in the 30-share index
Hindustan Unilever (3.08%),
Bharti Airtel (2.78%),
H D F C Bank (2.68%),
Sterlite Industries (India) (1.98%),
Housing Development Finance Corporation (1.78%),
Hindalco Industries (1.47%).

Biggest losers in the Sensex.Cipla (1.36%),


Wipro (0.96%),
Tata Power Company (0.50%),
Reliance Communications (0.36%)
Mid & Small-cap Space
The Midcap and Smallcap index rose 0.59% and 1.05% respectively.
Sectors in Limelight
The FMCG index was at 3,643.71, up by 69.29 points or by 1.94%. The major gainers were Hindustan Unilever (3.08%), I T C (1.26%), Colgate-Palmolive (India) (0.82%), Godrej Consumer Products (0.61%) and Marico (0.46%).
The Consumer Durables index was at 6,202.25, up by 82.83 points or by 1.35%. The major gainers were Gitanjali Gems (6.45%), Whirlpool Of India (2.91%), Bajaj Electricals (0.99%), Rajesh Exports (0.83%) and Blue Star (0.44%).
The Metal index was at 17,274.60, up by 214.72 points or by 1.26%. The major gainers were Hindustan Zinc (2.18%), Hindalco Industries (1.47%), Jindal Steel & Power (1.28%), Bhushan Steel (1.03%) and JSW Steel (0.87%).
On the other hand, the Oil & Gas index was at 10,566.20, down by 41.68 points or by 0.39%. The major losers were Petronet LNG (0.24%) and G A I L (India) (0.18%).
Market Breadth
Market breadth was positive with 1,883 advances against 1,018 declines.
Value and Volume Toppers
Gitanjali Gems topped the value chart on the BSE with a turnover of Rs. 567.41 million. It was followed by Ravi Kumar Distilleries (Rs. 549.29 million), Tata Motors (Rs. 489.17 million) and B F Utilities (Rs. 446.61 million).
The volume chart was led by Ravi Kumar Distilleries with trades of over 6.77 million shares. It was followed by Cals Refineries (4.62 million), Ispat Industries (3.19 million) and Suzlon Energy (2.71 million).