Nifty ends above the psychological 5,100 mark

Indian Stock Market

Nifty ends above the psychological 5,100 mark

Mumbai, Mar 8: After trading strong throughout the session, Nifty closed above the 5,100 mark and Sensex closed above 17,000 mark. Auto, banks, pharma, capital goods, FMCG and IT stocks witnessed buying while the other positive contributors were Infosys, ICICI Bank, L&T, HDFC, Wipro, SAIL and ITC.

BSE Sensex closed at 17,102.60, up 108.11 points while NSE Nifty shud shop at 5124.00, up 35.30 points.

M&M up 4.36 per cent, Hero Honda up 2.86 per cent, ACC up 2.54 per cent, ITC up 2.39 per cent and ICICI Bank up 2.30 per cent were the top gainers on the Sensex.

The top losers were Bharti Airtel down 2.28 per cent, HUL down 1.55 per cent, Reliance Infra down 1.46 per cent, Hindalco down 1.16 per cent and Reliance Comm down 0.64 per cent.
4:10 PM

Nifty continues northbound journey

Nifty continued its post budget winning streak gaining more than 200 points and was trading in a narrow range of 5130-5150 points.

At 12: 52 pm, BSE Sensex was up 185.07 points or 1.09 per cent at 17179.56, and NSE Nifty up 53.40 points or 1.05 per cent at 5142.10.

Among the large caps, Mahindra and Mahindra, ABB, Wipro, ICICI Bank and Ambuja Cements gained 2 to 3 per cent while HUL, PNB, Reliance Infra, Hindalco and Ranbaxy Labs slipped up to 1 per cent.

Future Capital, Mahindra Holidays, Lakshmi Machine, Bombay Dyeing and Phoenix Mills were the midcap gainers while Britannia, JagranPrakashan, DeccanChronicle, Pipavav and Oriental Bank slipped 2 to 6 per cent.

In the smallcap arena, Money Matters, INEOS ABS, Ajmera Realty, Shree Ram Urban and Sanwaria Agro gained while Zenith Infotech, Sulzer, Kernex Micro, Ushdev Int and Gemini Communications were the losers.
2: 24 PM

Nifty rangebound; M&M, ICICI, Wipro up

Holding on the early gains, Nifty is trading rangebound between 5120-5140. At 10: 30 am, Sensex was up 155.18 points or 0.91 per cent at 17149.67, and the Nifty was up 43.60 points or 0.86 per cent at 5132.30.

All the BSE sectoral indices were trading in the green.

Among the largecaps, Mahindra and Mahindra, ICICI Bank, Jaiprakash Associates, ABB and Wipro were up 1.5 to 3.5 per cent.

However, PNB, HUL, SBI, BPCL and Bharti Airtel lost 0.1 to 0.7 per cent.

Cigarette major ITC was trading at Rs 247.50 up 1.21 per cent. Index heavyweight Reliance was trading at Rs 1,018.70 up 0.87 per cent.

Among the midcap gainers were Future Capital, Mahindra Holidays, Andrew Yule, Bombay Dyeing and Emami while Britannia, JagranPrakashan, DeccanChronicle, Shriram City and MVL lost.

In the smallcap space, Ajmera Realty, Cholamandalam, Sanwaria Agro, Deep Industries and Richa Industries gained while Zenith Infotech, Sulzer, Gokul Refoils, Kernex Micro and Gemini Communications dipped.
12: 17 PM

Mkts open +ve on strong global cues

The Indian markets opened the day in the green riding on back of strong global cues. At 9:04 am, BSE Sensex was up 191.55 points or 1.13 per cent at 17186.04, and NSE Nifty was trading up 48.55 points or 0.95 per cent at 5137.25.

While all Nifty 50 stocks were trading in green, the broader indices, BSE Midcap and Smallcap indices also gained upto 1 per cent each.

The early gainers were Tata Motors, SAIL, Hindalco, Sterlite, Suzlon Energy, ACC, Reliance Communications, Cairn India and ICICI Bank while NMDC plummetted 5 per cent ahead of its FPO.

The top gainers among the midcaps were HT Media, 3M India, GlaxoSmith Consumers, Sobha Developer and Ackruti City, up 3 to 7 per cent while Britannia, Allcargo Global, JagranPrakashan, DeccanChronicle and IBN18 Broadcast lost 1 to 6 per cent.

In the smallcap arena, Sanwaria Agro, Richa Industries, Manaksia, CMI FPE and Dynamatic Tech gained 7 to 11 per cent while the losers were Websol Energy, Zenith Infotech, Sulzer, Gemini Communications and Elantas Beck, down 2 to 8 per cent.
9: 45 AM

News


Top News
  • Bse sensex nse nifty market updates mar 8.asp
  • Hypercitylaunches its first store inpunjab.asp
  • India inc to hire more women in 2010 experts.asp
  • India top ceos believe 8pc growth possible.asp
  • Market analysis weekly roundup till mar 6.asp
  • Ruiabrothers mulling over five billion pound uklisting.asp
  •  

    Comments :

    Name (Required)

    Mail (Required)

    Website(Optional)



     
     
     
    Aug 2010
    Mon
    Tue
    Wed
    Thu
    Fri
    Sat
    Sun
     
     
     
     
     
     
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12
    13
    14
    15
    16
    17
    18
    19
    20
    21
    22
    23
    24
    25
    26
    27
    28
    29
    30
    31
     
     
     
     
     
    Jul   Sep



    Archive
       
    Stock Market Morning Brief
       
    Daily Stock Market Tips
       
    Stock Market News
       
    National/International News
       
    Forthcomming IPO's
       
       
    Bookmark and Share

    Subscribe for Daily Tips

    General News Market News
      Karnataka SSCL results 2010 declared
      Court to decide if Kasab deserves life or death
      Govt taking steps to check illegal movement of arms
      Specially-abled protest Railways' decision observe hunger strike in Chennai
      Government to bring legislation to avoid custodial deaths
      ICCR coordinating Festival of India in China France
      Violence in Manipur over ban on rebel Naga leader's visit
      Dalai Lama honours Irishman for spirit of forgiveness
      Sikhs demand death sentence for Sajjan Kumar Jagdish Tytler
      Surat's giant 'Garden clock' turns a major draw
      CPI-M seeks apology from Trinamool over unparliamentarily language against its leader
      Census inclusion of Bangladeshis causes Lalu Ananth spat
      Madhya Pradesh CM meets Manmohan Singh on Maheshwar Dam issue
      enghis Khan's annual memorial rites honour sees thousands attending
      Maya's cleaning drive an eyewash: Cong
      Headley probe expected in May
      Trauma of Manipur violence victims
      Varanasi craftsmen make a flag symbolizing communal harmony
      Naga film all set to make mark in Cannes Film Festival
      Peace returns to "Phatikcherra" once a hotbed of militancy in Tripura
      Mkts open red again on crisis in PIIGS countries
      RBI raises forex cap to $3000
      HCL bags $500 million deal from pharma giant MSD
      Mamp;M BAE joint venture company board constituted
      Mkts recover losses on buying
      Market Analysis: Weekly roundup till May 1
      Weak global cues sell-off force mkts to end lower
      Indian banks financial service firms using Dubai as base for regional expansion
      Q4: HDFC net up 26 pc
      Renault amp; Bajaj to roll out car cheaper than Nano
      BPO leader Intelenet hiring 7000 in India
      Mkts suffer weak global cues end day in red
      Savings account in child's name can provide lifelong benefits
      RBI cautions NBFCs on transaction in Iran Pakistan North Korea
      India Japan to build eco friendly cities in Delhi-Mumbai industrial corridor
      MoU between DMIDC amp; 6 Japanese companies
      HCL bags Melbourne IT IWS project
      Criminal probe into Goldman Sachs trading
      Sensex closes above 17000
      ICICI ranked 45th most valuable brand in world
    Home | Tutorials | Services | Market News | General News | Bookmark Us| Rss Feeds | Blog | Archive | Currency Converter | Site Map | About Us | Contact Us
     Mutual Funds Forthcoming IPO'sStock Market Glossary  
    Comp. Profile | Bal. Sheet | P&L | Half-Yearly Results | Notes to Accounts | Financial Ratios | Yearly High-Lows | History | Capital Structure | Board of Directors | Share Holding Pattern | Key Executives
     
    Disclaimer: Trading and investing in commodities & stocks is high risk activity. Any action you choose to take or make in the stock market is totally your own responsibility. Source2update.com Resources
       will not be liable for any, indirect or direct, incidental or consequential damages or loss arising out of the use of this information.Add Url
    Disclosure: The information at this website is neither an offer to sell nor solicitation to buy any of the securities mentioned in here. The writers may be or may not be trading on the Link To Us
       securities mentioned. Advertise With Us
      Copyright 2009 source2update.com All rights reservedDisclaimerGadgets