Business Standard

Markets end on a strong note

RIL top gainer among the Sensex stocks

Related News

ended today's trading session on a strong note led by gains in the index heavyweight Reliance Industries. The jumped 200 points to provisionally close at 17,391 and the 50-share closed higher by 58 points at 5,274.
-----------------------------------------
(Updated at 1430 hours)

Markets are trading on a firm note in the late noon deals on the back of sustained buying visible in the heavyweight pockets. The Sensex is up 245 points at 17,443 and the 50-share Nifty has advanced 76 points to 5,292 levels.

The Asian markets closed on a positive note on the of solid US jobs data. The Hang Seng closed higher by 332 points at 19,998, Nikkei jumped 172 points to 8,126 and the Taiwan closed higher by 69 points at 7,286 levels.

The European markets were trading on a flat note as investors grew cautious over the prospects of a bailout for Spain, with its 10-year bond yield holding close to 7% danger levels.

The CAC 40 index was up 12 points at 3,387, DAX was up 36 points at 6,899 and the FTSE 100 was up 4 points at 5,791.

Back home, index heavyweight Reliance Industries continues to lead the gainers chart on the Sensex. It has surged 5.4% to Rs 783, also its three-month high price. The stock opened at Rs 748 and a total of 1.1 million shares have changed hands compared to 2,76,000 shares which were traded daily in past two weeks. It has contributed 85 points to rise in the Sensex.

Tata Motors, GAIL India, HDFC Bank, BHEL, Tata Steel, Larsen & Toubro, Sterlite Industries, ICICI Bank, HDFC, Hindalco and Bajaj Auto are also among the gainers.

On the other hand, Dr Reddy's Labs, Coal India, ITC, TCS and Hindustan Unilever are among the notable laggards from the heavyweight space.

Led by the gains in the Reliance Industries, the BSE oil & gas index is the top sectoral gainer, up nearly 3% or 232 points at 8,338 levels. Realty, auto, bankex, capital goods,  metal and consumer durable indices are also trading higher by 0.8-1.7% each.

The broader markets are also trading higher. The BSE mid-cap and small-cap indices are up 0.8% each.

The overall breadth is positive as 1,651 stocks are advancing while 1,097 are declining.

Read more on:   
|
|

Markets end on a strong note

RIL top gainer among the Sensex stocks

Markets ended today's trading session on a strong note led by gains in the index heavyweight Reliance Industries.

ended today's trading session on a strong note led by gains in the index heavyweight Reliance Industries. The jumped 200 points to provisionally close at 17,391 and the 50-share closed higher by 58 points at 5,274.
-----------------------------------------
(Updated at 1430 hours)

Markets are trading on a firm note in the late noon deals on the back of sustained buying visible in the heavyweight pockets. The Sensex is up 245 points at 17,443 and the 50-share Nifty has advanced 76 points to 5,292 levels.

The Asian markets closed on a positive note on the of solid US jobs data. The Hang Seng closed higher by 332 points at 19,998, Nikkei jumped 172 points to 8,126 and the Taiwan closed higher by 69 points at 7,286 levels.

The European markets were trading on a flat note as investors grew cautious over the prospects of a bailout for Spain, with its 10-year bond yield holding close to 7% danger levels.

The CAC 40 index was up 12 points at 3,387, DAX was up 36 points at 6,899 and the FTSE 100 was up 4 points at 5,791.

Back home, index heavyweight Reliance Industries continues to lead the gainers chart on the Sensex. It has surged 5.4% to Rs 783, also its three-month high price. The stock opened at Rs 748 and a total of 1.1 million shares have changed hands compared to 2,76,000 shares which were traded daily in past two weeks. It has contributed 85 points to rise in the Sensex.

Tata Motors, GAIL India, HDFC Bank, BHEL, Tata Steel, Larsen & Toubro, Sterlite Industries, ICICI Bank, HDFC, Hindalco and Bajaj Auto are also among the gainers.

On the other hand, Dr Reddy's Labs, Coal India, ITC, TCS and Hindustan Unilever are among the notable laggards from the heavyweight space.

Led by the gains in the Reliance Industries, the BSE oil & gas index is the top sectoral gainer, up nearly 3% or 232 points at 8,338 levels. Realty, auto, bankex, capital goods,  metal and consumer durable indices are also trading higher by 0.8-1.7% each.

The broader markets are also trading higher. The BSE mid-cap and small-cap indices are up 0.8% each.

The overall breadth is positive as 1,651 stocks are advancing while 1,097 are declining.

image

Read More

Markets post best gains in 3-months on Fed optimism

The market breadth was firm. Out of 2,933 stocks traded , 1,685 stocks advanced compared to 1,136 declined on BSE

Recommended for you

Advertisements

Quick Links

Market News

Nifty holds 8450; SBI ends 2.4% lower post results

Sensex ends 148 points higher at 27,957. HDFC, ONGC, TCS gain

Sensex ends above 27,900 amid volatile session

Provisionally, the Sensex gained 134.71 points to end at 27,944.06 and the Nifty rose 27.80 points to close at 8,448.80

Sangam (India) zooms over 50% in four days on stake hike by promoter

The stock is currently trading at its record high of Rs 125 and has rallied 54% from Rs 81 on May 19.

Sagar Cements surges after turnaround in Q4

The stock surged 16% to Rs 408 after reported net profit of Rs 21.70 crore in March quarter against loss of Rs 11.36 crore in the year ago ...

SBI pares early gains post Q4 results

The stock surged 5% to Rs 305 after reported 23% year on year jump in standalone net profit at Rs 3,742 crore in March quarter.

 

Back to Top