1st April Market Closing Updates:
The benchmark Nifty was trading in a narrow range of 5814-5850 since the beginning of first session of FY12 today. But the broader indices were outperforming the benchmark indices at 14 hours.
Financial and technology companies' shares were witnessing profit booking today after a strong rally in previous few sessions.SBI, ICICI Bank, PNB and Kotak Mahindra Bank tanked 1.5-2.5%. Axis Bank and HDFC Bank were down over 0.5%. TCS and Infosys from IT space fell around 0.5%; HCL Tech was down 2.5% and Wipro down 1.5%.
NTPC, Reliance Industries, HUL, Dr Reddy's Labs, Tata Power, Tata Motors and Ambuja too were under pressure.
However, metal and Anil Dhirubhai Ambani Group companies' shares were supporting the markets. Heavyweight BHEL gained nearly 3%. HDFC and ITC went up nearly 1%.
Reliance Capital was the top gainer, with rising close to 5% after brokerage report. Reliance Communications and Reliance Power were up 2.5-4%. Reliance Infra gained 1.3%.
Maruti moved up more than 1% after 28% rise in sales numbers for the month of March. Hero Honda gained over 1.5% ahead of auto sales numbers.
The 30-share BSE Sensex was trading at 19,488, up 44 points and the 50-share NSE Nifty rose 7 points to 5,841.
The BSE Midcap and Smallcap indices rallied 1.4% and 1.8%, respectively. Breadth was strong - about 1012 shares advanced as against 288 shares declined on National Stock Exchange.
In midcap space, Kingfisher Airlines, JSW Holdings, HOEC, Ispat Industries and PTC India surged 7-11% while BOC India, Rajesh Exports, Zydus Wellness, Jagran Prakashan and Cox & Kings lost 3-4%.
In smallcap space, Atlanta, Lok Housing, Tinplate, Reliance Media and Ahluwalia were up 13-19% while Elantas Beck, Dynamatic Tech, Chromatic India, R M Mohite and Commercial Engg fell 5-8%.
Biggest gainers in the 30-share index:
Reliance Communications (4.13%),
Bharat Heavy Electricals (2.72%),
Hindalco Industries (2.49%),
Reliance Energy (2.11%),
Mahindra & Mahindra (1.90%),
D L F (1.52%).
The biggest losers in the Sensex.
NTPC (2.12%),
State Bank Of India (1.62%),
I C I C I Bank (0.77%),
Tata Power Company (0.75%),
Wipro (0.57%),
Reliance Industries (0.39%)
The benchmark Nifty was trading in a narrow range of 5814-5850 since the beginning of first session of FY12 today. But the broader indices were outperforming the benchmark indices at 14 hours.Financial and technology companies' shares were witnessing profit booking today after a strong rally in previous few sessions.SBI, ICICI Bank, PNB and Kotak Mahindra Bank tanked 1.5-2.5%. Axis Bank and HDFC Bank were down over 0.5%. TCS and Infosys from IT space fell around 0.5%; HCL Tech was down 2.5% and Wipro down 1.5%.
NTPC, Reliance Industries, HUL, Dr Reddy's Labs, Tata Power, Tata Motors and Ambuja too were under pressure.
However, metal and Anil Dhirubhai Ambani Group companies' shares were supporting the markets. Heavyweight BHEL gained nearly 3%. HDFC and ITC went up nearly 1%.
Reliance Capital was the top gainer, with rising close to 5% after brokerage report. Reliance Communications and Reliance Power were up 2.5-4%. Reliance Infra gained 1.3%.
Maruti moved up more than 1% after 28% rise in sales numbers for the month of March. Hero Honda gained over 1.5% ahead of auto sales numbers.
The 30-share BSE Sensex was trading at 19,488, up 44 points and the 50-share NSE Nifty rose 7 points to 5,841.
The BSE Midcap and Smallcap indices rallied 1.4% and 1.8%, respectively. Breadth was strong - about 1012 shares advanced as against 288 shares declined on National Stock Exchange.
In midcap space, Kingfisher Airlines, JSW Holdings, HOEC, Ispat Industries and PTC India surged 7-11% while BOC India, Rajesh Exports, Zydus Wellness, Jagran Prakashan and Cox & Kings lost 3-4%.
In smallcap space, Atlanta, Lok Housing, Tinplate, Reliance Media and Ahluwalia were up 13-19% while Elantas Beck, Dynamatic Tech, Chromatic India, R M Mohite and Commercial Engg fell 5-8%.
Biggest gainers in the 30-share index:
Reliance Communications (4.13%),
Bharat Heavy Electricals (2.72%),
Hindalco Industries (2.49%),
Reliance Energy (2.11%),
Mahindra & Mahindra (1.90%),
D L F (1.52%).
The biggest losers in the Sensex.
NTPC (2.12%),
State Bank Of India (1.62%),
I C I C I Bank (0.77%),
Tata Power Company (0.75%),
Wipro (0.57%),
Reliance Industries (0.39%)
No comments:
Post a Comment