Sensex regains 12,000-mark after seven months
The Sensex opened with a positive gap of 232 points at 11,635 on the back of strong global cues.Agressive buying in metal, IT and banking stocks helped the index cross the 12,000-mark after seven months and touched a days high of 12,162.
The Sensex finally ended with gain of 731 points at 12,135.
The market breadth was positive – out of 2,612 stocks traded, 1,771 advanced, 760 declined and 71 were unchanged today.
INDEX MOVERS
Sterlite skyrocketed 16.5% to Rs 477. Hindalco zoomed 14% to Rs 61.25. Mahindra & Mahindra and HDFC surged 13% each to Rs 550 and Rs 1,958, respectively.
ICICI Bank soared 11% to Rs 529. Tata Steel and Wipro rallied over 10% each to Rs 263 and Rs 365, respectively.
ITC, HDFC Bank, Larsen & Toubro and Infosys advanced over 8% each.
Reliance Infrastructure, TCS, SBI, Reliance Communications, Tata Motors, Jaiprakash Associates, Reliance, BHEL and Maruti Suzuki gained 3-8% each.
Ranbaxy, ONGC, Hindustan Unilever and NTPC were the other major gainers, however, there were no losers among the Sensex stocks today.
OTHER PROMINENT GAINERS…
HCL advanced around 19% to Rs 154. It was followed by Pantaloons, Sintex Industries, Financial Technologies, Voltas and IVRCL Infrastructures added 11-14% each.
…AND THE LOSERS
Educomp Solutions declined around 4% to Rs 2,377. It was followed by Sterling Biotech, Jain Irrigation, ABB and Everest Kanto shed 3-2% each.
VALUE & VOLUME TOPPERS
Reliance topped the value charts with a turnover of Rs 258.18 crore, followed by ICICI Bank (252.36 crore), Educomp Solutions (153.13 crore), Reliance Capital (151.81 crore) and Unitech (151.49 crore).
Cals Refinery led the voliume charts with 71.35 million shares traded on the BSE. This was followed by Unitech (31.48 million), Reliance natural Resources (12.13 million), IDFC (9.92 million) and Suzlon (9.29 million).
source: Business-standard
Tags: bse technicals, hdfc bank, INDEX MOVERS, itc, Jaiprakash Associates, NSE TECHNICALS, Reliance communication, sbi, sensex, sensex technicals
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