Thursday, May 19, 2011

19th March Market Closing

19th March Market Closing :
Engineering and construction major Larsen and Tourbo’s fourth quarter (January-March) net profit beat analyst estimates, but was boosted by an exceptional income of Rs 226 crore. However, order inflow for the quarter was better than what most analysts had expected, and this triggered a rally in the stock.
US markets snapped 3-day losing streak as benchmark indices, after a flat opening, saw a sustained move northwards through the trading session to end with decent gains yesterday.
Major gainers in the 30-share index:
Reliance Industries (1.84%),
Mahindra & Mahindra (1.55%),
Tata Consultancy Services (1.34%),
Oil & Natural Gas Corporation (0.99%),
Larsen & Toubro (0.62%),
HDFC Bank (0.57%).
The major losers in the Sensex
Reliance Communications (2.96%),
TataPower Company (2.06%), 
Hero Honda Motors (1.99%), 
DLF (1.87%),
Reliance Energy (1.21%),
Hindalco Industries (0.97%)
Sectors in Limelight
The Oil & Gas index: 9,330.15, up by 144.29 points or by 1.57%. The major gainers were G A I L (India) (2.99%), Oil India (1.96%), Hindustan Petroleum Corporation (0.47%), Bharat Petroleum Corporation (0.45%) and Cairn India (0.34%).
The IT index: 6,045.06, up by 28.08 points or by 0.47%. The major gainers were Core Projects and Technologies (0.82%), H C L Technologies (0.77%), Tech Mahindra (0.72%), Infosys Technologies (0.33%) and Mphasis (0.07%).
The PSU index: 8,435.72, up by 26.73 points or by 0.32%. The major gainers were Balmer Lawrie & Company (2.81%), Bharat Petroleum Corporation (0.45%), Bank Of Maharashtra (0.27%), BEML (0.05%) and Bank Of India(0.02%).
The Realty index: 2,084.62, down by 35.83 points or by 1.69%. The major losers were Anant Raj Industries (2.98%), D L F (1.87%), Mahindra Lifespace Developers (1.34%), Godrej Properties (0.32%) and Ackruti City (0.15%).. 

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