Nifty hits record high; private banks, auto lead

Three stocks from the Nifty 50 index - IndusInd Bank, Kotak Mahindra and YES Bank - hit record highs

Shares of leading private sector lenders such as YES Bank, IndusInd Bank, HDFC Bank and Kotak Mahindra Bank and automobile stocks like Maruti Suzuki India, Eicher Motors, Bajaj Auto, Hero MotoCorp boost the Nifty50 index to hit a record high on Tuesday in intra-day trade.

These stocks, along with Reliance Industries (RIL), Bharat Petroleum Corporation (BPCL), Zee Entertainment, Tata Steel, Grasim Industries, Power Grid Corporation and Gail (India) have rallied more than 25% each from their March 4, 2015 levels.

The Nifty 50 index hit a record high of 9,122.75 on the National Stock Exchange (NSE), surpassing its previous high of 9,119.20 touched on March 4, 2015 during intra-day trade.

Only three stocks from the Nifty 50 index and all stocks from private banks like IndusInd Bank, Kotak Mahindra Bank and YES Bank are quoting their respective all-time highs on NSE.

However, ICICI Bank and Tata Motors from the private bank and auto sector are trading over 15% below their March, 2015 levels.

Along with these two, pharmaceutical stocks such as Sun Pharmaceutical Industries, Dr Reddy’s Laboratories, Lupin and Cipla, Wipro and Tech Mahindra from IT and Bharat Heavy Electricals, Idea Cellular, ACC and Coal India are trading well below their March 2015 levels.

COMPANY	04/03/2015	LTP	% chg
YES BANK	856.65	1519.00	77.32
B P C L	385.25	632.95	64.30
MARUTI SUZUKI	3678.40	6021.55	63.70
ZEE ENTERTAINMEN	341.95	520.20	52.13
INDUSIND BANK	908.20	1357.05	49.42
EICHER MOTORS	16047.95	23821.40	48.44
RELIANCE INDS.	887.85	1299.45	46.36
TATA STEEL	348.15	473.55	36.02
BAJAJ AUTO	2122.10	2879.75	35.70
HDFC BANK	1065.30	1415.00	32.83
GRASIM INDS	776.56	1024.50	31.93
HERO MOTOCORP	2622.25	3365.10	28.33
POWER GRID CORPN	154.45	195.45	26.55
GAIL (INDIA)	303.79	380.25	25.17
ASIAN PAINTS	836.80	1045.90	24.99
HINDALCO INDS.	153.10	190.70	24.56
AUROBINDO PHARMA	535.33	657.85	22.89
ULTRATECH CEM.	3310.30	3947.45	19.25
KOTAK MAH. BANK	705.13	835.35	18.47
ITC	229.50	268.60	17.04
M & M	1211.10	1321.80	9.14
BHARTI AIRTEL	351.25	366.95	4.47
H D F C	1367.70	1416.65	3.58
NTPC	157.50	159.25	1.11
TATA POWER CO.	84.35	83.15	-1.42
HIND. UNILEVER	916.10	885.25	-3.37
ST BK OF INDIA	293.85	275.20	-6.35
TCS	2746.00	2571.60	-6.35
ADANI PORTS	332.00	304.95	-8.15
INFOSYS	1137.33	1036.00	-8.91
O N G C	213.70	193.00	-9.69
BANK OF BARODA	180.40	162.45	-9.95
BOSCH	26115.10	22632.45	-13.34
BHARTI INFRA.	361.20	311.15	-13.86
AXIS BANK	612.75	520.40	-15.07
HCL TECHNOLOGIES	1018.00	859.55	-15.56
AMBUJA CEM.	274.65	231.40	-15.75
LARSEN & TOUBRO	1837.90	1533.80	-16.55
TATA MOTORS	568.01	472.75	-16.77
ACC	1725.15	1410.00	-18.27
CIPLA	727.05	592.50	-18.51
LUPIN	1787.25	1451.80	-18.77
COAL INDIA	371.55	300.85	-19.03
ICICI BANK	349.35	282.20	-19.22
DR REDDY'S LABS	3390.45	2733.95	-19.36
TATA MOTORS-DVR	358.85	281.85	-21.46
WIPRO	659.50	491.85	-25.42
SUN PHARMA.INDS.	1006.30	687.00	-31.73
IDEA CELLULAR	156.40	105.55	-32.51
TECH MAHINDRA	719.88	482.90	-32.92
B H E L	270.90	160.15	-40.88
LTP : Last traded price on NSE in Rs at 09:29 am