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| Markets rally further |
| SI Reporter / Mumbai Sep 09, 2010, 15:04 IST |
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The markets have staged a strong upward movement and has registered a new high of 18,819, up 150 points from the day's opening.The European markets too have moved in to the positive after a negative start.The smallcap index has slipped at 0.5% while the midcap index continues to hold at 0.7% as compared to the benchmark index at 0.6%.
On the sectoral indices, Bankex continues to lead followed FMCG and Consumer Durables.on the other hand, Health care and Oil & Gas continue to languish at the bottom of the chart.
On the Sensex gainers list, Mahindra & Mahindra up 3% tops, followed by State Bank of India,HDFC Bank,ICICI Bank and Tata Steel gaining 2% each.
Cipla continues to remain the top loser on the Sensex at nearly 2% followed by Tata Motors, ACC,Reliance Infrastructure and Sterlitr shedding 1% each.
The market breadth is very positive. Of the total 3038 stocks traded, 1552 have advanced while 1390 have declined.
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