SENSEX:
Day's High: 10940.45.
Day's Low:10611.35.
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SENSEX:
Day's High: 10940.45.
Day's Low:10611.35.
July 5, 2006.
Rains fail to dampen mkt spirits:
The markets closed in the positive terrain despite weak cues from its Asian peers. The markets opened weak but picked up momentum during the later part of the day.
After the initial hicups the Sensex moved north to breach the 10900 level. The Nifty closed near the the 3200 mark.
:arrow: The Sensex closed at 10,919.64 up 257.42 points and the Nifty closed at 3197 up 58 points.
:arrow: The BSE Small Cap Index closed at 5,349.32, up 24 points.
:arrow: The BSE Midcap Index ended at 4,427.06, up 36 points.
About 1284 shares have advanced, 1033 shares declined, and 84 shares are unchanged.
The major gainers on the indices were Reliance Energy, HDFC, Grasim, Suzlon and ABB.
All the BSE sectoral indices closed in the positive terrain. FMCG and metal stocks are witnessed heavy buying and were leading the rally.
Markets today:
-Markets up on broad-based buying; Power, metals, FMCG stocks lead
-Sentiment positive despite weak global cues, incessant Mumbai rains
-Fund-based buying in frontline stocks helps indices close firm
-Sensex closes up 2.4% at 10,920; Nifty up 1.9% at 3197 points
-BSE FMCG index up 3.2%; HLL up 4%, ITC up 3.2%, Dabur India up 2%
-BSE Metals index up 3.1%; SAIL up 3%, Hindalco up over 1%
-Tata Steel up 4.8%; to augment capacity to 30 mt by 2015-16
-BSE Capital Goods index up 2.2%; L&T up 4%, Siemens up 2.6%
-Power stocks light up; Suzlon up 7%, Reliance Energy up 5.5%
-Midcap stocks underperform; NSE CNX Midcap index up 1.1%
-Market breadth positive; NSE Advance:Decline ratio at 3:2
-Total market turnover Rs 28,951.59 cr vs 21,608.46 cr yesterday.
:arrow: The BSE Metal Index advanced by 3.3% at 8,764.86. Hind Zinc, Tata Steel, Jindal Saw and Sterlite Ind witnessed heavy buying interest.
:arrow: The BSE FMCG Index was up 3.2% at 2,005.57. Nestle, HLL, ITC, Dabur India and P&G closed in green.
:arrow: The BSE Capital Goods Index was up 2.3% at 7,112.69. Praj Industries, ABB, Crompton Greave, BEML and L&T closed higher.
:arrow: The BSE Bankex was up 2% at 4,499.30. ICICI Bank, HDFC Bank, Union Bank, UTI Bank and Bank of India Bank surged.
:arrow: The BSE Health Care Index was up by 1.94% at 3,167.56. Apollo Hospital, Aurobindo Pharma, Matrix Lab, Orchid Chemical and Cipla were among the major gainers.
:arrow: The BSE Oil and Gas Index rose 1.8% at 5,432.22. IOC, Reliance, HPCL and Chennai Petro advanced higher.
:arrow: The BSE Auto Index added 1.2% at 4,812.95. Apollo Tyres, Tube Investment, Bharat Forge and MICO closed in positive terrain.
:arrow: The BSE IT Index was up by 1.2% at 3,843.59. HCL Tech, I-Flex Solution, TCS, HCL Info and Infosys moved up.
:arrow: The BSE Consumer Durables Index gained 0.77% at 2,767.70. BPL, Titan Industries, Samtel Color and Blue Star moved up.
:arrow: The NSE cash turnover was at Rs 6051.98 crore and the NSE F&O turnover was at Rs 20136.86 crore. The BSE cash turnover was Rs 2762.75 crore. Total market wide turnover was at Rs 28951.59 crore.
SENSEX 10,773.00 :arrow: 146.6 (down) ( 6/7/2006 14:14 )
NIFTY 3,161.65 :arrow: 35.45 (down) ( 6/7/2006 13:58 )
July 6, 2006. Markets fall.
BSE Indices:
Sensex-> 10767.97 (151.67 points).
BSE Auto-> 4768.99 (41.30).
BSE Bank-> 4399.41 (104.61).
BSE Cap Goods-> 6995.23 (114.08).
BSE FMCG-> 1988.58 (16.24).
BSE Health-> 3148.32 (15.21).
BSE Metal-> 8595.09 (154.70).
BSE Midcap-> 4415.46 (11.60).
BSE Oil & Gas-> 5370.41 (54.06).
BSE PSU-> 4998.36 (49.85).
BSE Small Cap-> 5332.35 (16.97).
BSE TECk-> 2529.01 (28.97).
NSE Indices:
NIFTY-> 3156.40 (10.70 points).
CNX Midcap 100-> 3962.00 (20.55).
July 6, 2006.
SENSEX down by 1.39%.
BSE100 down by 1.19%.
BSE500 down by 1.01%.
BSEPSU down by 0.99%.
BSEMIDCAP down by 0.26%.
BSESMLCAP down by 0.32%.
BSEBANKEX down by 2.32%.
SENSEX:
Day's High: 10839.53.
Day's Low: 10703.00.
July 7, 2006. Another bad day for markets.
Sensex-> 10509.53 (258.44 points, 2.40%).
Nifty-> 3075.85 (80.55 points, 2.55%).
July 11, 2006.
SENSEX-> 10614.35 (69.95 points, 0.65%).
NIFTY-> 3116.15 (25.85 points, 0.82%).
BSEBANKEX-> 4319.89 (34.70 points, 0.80%).
BSEMIDCAP-> 4350.24 (8.80 points, 0.20%).
BSESMLCAP-> 5258.66 (23.63 points, 0.45%).
BSEHEALTH-> 3143.94 (32.28 points).
CNXMIDCAP100-> 3897.20 (2.15 points).
SENSEX:
Day's High: 10699.62.
Day's Low: 10566.71.
July 12, 2006. Bulls Back.
BSE Indices:
Sensex-> 10930.10 (315.80 points).
BSE Auto-> 4663.15 (43.95).
BSE Bank-> 4326.79 (6.90).
BSE Cap Goods-> 7108.00 (182.78).
BSE FMCG-> 1977.60 (37.03).
BSE Health-> 3156.90 (12.96).
BSE Metal-> 8479.54 (237.07).
BSE Midcap-> 4380.33 (30.09).
BSE Oil & Gas-> 5407.05 (148.89).
BSE PSU-> 4969.74 (14.70).
BSE Small Cap-> 5283.15 (24.49).
BSE TECk-> 2660.28 (127.65).
NSE Indices:
Nifty-> 3195.90 (79.75 points)
CNX Midcap 100-> 3920.70 (23.50)
SENSEX rise by 2.97%.
NIFTY rise by 2.56%.
BSE100 rise by 2.45%.
BSE500 rise by 2.04%.
BSEPSU rise by 0.30%.
BSEMIDCAP rise by 0.69%.
BSESMLCAP rise by 0.47%.
BSEBANKEX rise by 0.16%.
SENSEX:
Day's high: 10939.68.
Day's low: 10549.85.
Cha, Mkts just missed 11000 mark. It cud hav been a gud response to Bombay bomb blast.
July 13, 2006. Markets fell in line with Global Markets.Smallcap & Midcap Index rise marginally.
SENSEX-> 10858.50 (71.60 points, 0.66%).
NIFTY-> 3169.30 (26.60 points).
BSEMIDCAP-> 4386.05 (5.72 points).
BSESMLCAP-> (39.18 points).
SENSEX:
Day's High:10922.61.
Day's Low:10797.49.
July 14, 2006. All indices in red.
SENSEX-> 10678.22 (180.28 points, 1.66%).
NIFTY-> 3123.35 (45.95 points, 1.45%).
SENSEX:
Day's high: 10782.98.
Day's low: 10563.76.
Oil worries pulls markets down:
The markets ended the day in red due to weak global cues and rise in crude oil prices. It was a day of weakness across global markets one of the reasons being rising crude oil prices, Nymex Crude touched all time high above USD 78 a barrel. The Sensex saw a deeper cut as compared to some of its Asian and global peers and closed at 10,678.22 down 180.28 points.
But week on week basis the Sensex was up 1.6% due to the mid week rally propelled by excellent numbers by Infosys.
The Nifty closed at 3123 down 46 points.
The BSE Small Cap Index closed at 5,291.10, down 31.23 points.
The BSE Midcap Index ended at 4,354.08, down 32 points.
All the BSE sectoral indices closed in red. Among the major laggards were metal and capital goods followed by auto, IT and health care.
Markets Today:
:arrow: Markets end weak in sync with other Asian market on crude hitting $ 78/bbl
:arrow: Sensex down 1.66% or 180.28 points at 10678.22
:arrow: Nifty down 1.5% or 47.95 at 3121.35; slips below 3100 during intra-day
:arrow: All BSE Sectoral Indices end in the red
:arrow: BSE Metal Index down 2.2%; Hindalco down 4%, SAIL down 2%
:arrow: BSE Capital Goods Index down 2%; L&T down 2.7%, BEML down 2.58%
:arrow: ZEE Telefilms hogs limelight; up 5.10% on TDSAT orders
:arrow: CNX Midcap Index down 0.80% or 30 points; Polaris up 10%
:arrow: BSE Small Cap Index down 0.59% or 31.23 points;
:arrow: Sonata Software up 14.5%
:arrow: NSE Advance Decline ratio at 3:5
:arrow: Total Market wide turnover at Rs 31134.63 cr Vs Rs 28278.59 cr
Markets this week
:arrow: Markets shrugg off mumbai blasts, BoJ IR hike; led by frontline IT stocks
:arrow: Sensex up 1.6% at 10678.22, Nifty up 1.5% at 3123.35
:arrow: BSE IT Index up 6%; TCS up 7.3%, Satyam, Wipro up 4% each
:arrow: BSE Oil & Gas Index up 2%; RIL up 4.6%
:arrow: BSE Capital Goods, FMCG Indices up over 1% Each
:arrow: Cement stocks gain ahead of result; Guj Amb up 6.8%, ACC up 5.5%
:arrow: Index Gainers; Rel Comm up 10%, Cipla up 5.5%
:arrow: BSE Bank Index down 2.2%; HDFC Bank down 6.25, ICICI Bank down 3%
:arrow: BSE Auto Index down 2.1%; Hero Honda, Tata Mot Dn 4%, Bajaj Auto Dn 3.3%
:arrow: CNX Midcap Index ends flat;
:arrow: BSE Small Cap Index up 1%
:arrow: Sonata Software up 26.4%, D-Link up 24.7%, McDowell up 19%, Escorts up 16.6%
July 17,2006.
On the corporate front:
:arrow: Results today: India Cements, Mid-day. Mah Seamless, TV Today, CMC, Geometric, GAIL, GHCL, Titan and Deepak Fert
:arrow: Reliance Retail eyeing to buy Arvind Brands' Ruff n Tuff apparel
:arrow: Tata Steel loses bid for South Africa's Highveld; Russia's Evraz bags it for USD 687 million
:arrow: Aurion Pro close to acquiring US based firm - BS
:arrow: Birla VXL board approves 4:7 rights issue at Rs 10 per share
:arrow: Crew BOS allotted 30 acres of land by Rajasthan State Development; company says exploring options of making debut in retail
:arrow: 74.64 crore Unitech shares issued ad bonus to hit markets today
:arrow: Nirma closes in on US acquisition, likely to acquire Linear Alkyl Benzene manufacturing firm - ET
:arrow: Essar Oil is set to reopen 300 odd closed pumps as dealers threatened to walk out of the agreement - ET
:arrow: RIL plans Rs 2000 crore (Rs 20 billion) Mumbai IT park, no out of court settlement with NTPC - BS
:arrow: Govt plans to give domestic airliners free hand in pricing tickets - BS
:arrow: Vodafone open to the idea of increasing stake in Bharti Airtel - BS
:arrow: Govt may lift ban on sugar exports in October, record output of 22 mt likely this season - BL
:arrow: Bajaj Auto Q1:
->Net sales up by 35% to Rs 2202.7 crore from Rs 1634.2 crore
->Net profit up 27.28% to Rs 266 crore from Rs 208 crore
->OPM at 16.34% versus 15.8%
:arrow: Gruh Finance Q1
->Net profit at Rs 3.19 crore versus Rs 2.40 crore
->Net sales at Rs 28.5 crore versus Rs 19.9 crore
:arrow: Aban Lloyd Q1:
->Net profit at Rs 19.1 crore versus Rs 20.6 crore
->Net sales at Rs 123.8 crore versus Rs 121.8 crore
->OPM at 53.7% versus 56.8%
:arrow: Sakthi Sugars Q4:
->Net profit at Rs 35.9 crore versus Rs 1.74 crore
->Net sales at Rs 299.5 crore versus Rs 219.3 crore
->OPM at 25% versus 13.7%
:arrow: McDowell Q1:
->Net profit at Rs 34.7 crore versus Rs 10.4 crore
->Net sales at Rs 533.5 crore versus Rs 326.4 crore
->OPM at 14.1% versus 10.1%
:arrow: GNFC Q1:
->Net profit at Rs 47.1 crore versus Rs 61.4 crore
->Net sales at Rs 431 crore versus Rs 314 crore
->OPM at 20.7% versus 24.8%
->Optg profit at Rs 89.2 crore versus Rs 77.8 crore
->Other income at Rs 5 crore versus Rs 40 crore
:arrow: GSFC Q1:
->Net profit at Rs 50 crore versus Rs 70 crore
->Net sales at Rs 449 crore versus Rs 425 crore
->OPM at 16.5% versus 24.2%
:arrow: Gujarat Alkalies Q1:
->Net profit at Rs 42.6 crore versus Rs 63.2 crore
->Net sales at Rs 241.8 crore versus Rs 246.4 crore
->OPM at 34.3% versus 48.6%
:arrow: Madras Aluminium Q4:
->Net profit at Rs 35 crore versus Rs 9.68 crore
->Net sales at Rs 130 crore versus Rs 103 crore
->OPM at 44.8% versus 21.1%
->FY06 EPS at Rs 37
:arrow: Micro Inks Q1:
->Net loss at Rs 13.7 crore versus profit of Rs 22.8 crore
->Net sales at Rs 233.7 crore versus Rs 206.9 crore
->OPM at 1.77% versus 15.7%
July 17, 2006. Markets Bearish.
BSE Indices:
Sensex-> 10293.22 (385.00 points, 3.61%).
BSE100-> 5208.63 (190.56 points, 3.53%).
BSE500-> 3892.73 (131.88 points, 3.28%).
BSE Auto-> 4341.63 (198.66 points).
BSE Bank-> 4144.62 (119.77 points, 2.81%).
BSE Cap Goods-> 6722.01 (221.55 points).
BSE FMCG-> 1906.91 (58.32 points).
BSE Health-> 3029.06 (89.15 points).
BSE Metal-> 7989.19 (319.74 points).
BSE Midcap-> 4265.94 (88.14 points, 2.02%).
BSE Oil & Gas-> 5061.43 (208.86 points).
BSE PSU-> 4688.56 (225.38 points, 4.59%).
BSE SmallCap-> 5175.91 (115.19 points, 2.18%).
BSE TECk-> 2512.20 (85.44 points).
NSE Indices:
Nifty-> 3007.55 (116.75 points, 3.71%).
CNX Midcap 100-> 3785.15 (92.50 points).
SENSEX:
Day's High: 10647.26.
Day's Low: 10262.56.
Mkts down amid geopolitical tensions: Sensex below 10300
The markets saw a sharp fall due to heavy indiscriminate selling in scrips across sectors. The markets across the globe have seen weakness but the Indian markets have taken a harder knock as compared to its Asian peers. The massive fall can be attributed to the geopolitical concerns and rising crude oil prices.
The Sensex closed below the 10300 mark and the Nifty just above the 3000 mark. It was the biggest single-day loss for Sensex since June 13. On the macroeconomic front, the rupee has slipped to 37 month low of 46.58/$.
:arrow: The Sensex finally closed at 10,293.22 down by whooping 385 points.
:arrow: The Nifty closed at 3008 down 116 points.
:arrow: The BSE Small Cap Index closed at 5,175.91, down 115.19 points.
:arrow: The BSE Midcap Index ended at 4,265.94, down 88.14 points.
:arrow: All the BSE sectoral indices closed in red. Among the major laggards were auto, oil and gas, metal and capital goods.
Markets today:
:arrow: Biggest single-day loss for Sensex since June 13 amid geopolitical tensions
:arrow: Rupee hits new 37 month low at Rs 46.63
:arrow: Sensex down 385 points or 3.6% at 10293.22
:arrow: Nifty down 3.7% or 115.80 points at 3007.55; slips below 3000 intra-day
:arrow: All BSE Sectoral Indices end in the red
:arrow: BSE Auto Index down 4.4%; Tata Mot down 5.8%, Maruti down 5.1%
:arrow: BSE Oil & Gas Index down 4%; ONGC slides 7.1%, RIL down 3.1%
:arrow: BSE Metal Index down 3.8%; Sterlite down 5.4%, Hindalco down 4.5%
:arrow: CNX Midcap Index down 2.4%, BSE Small-cap Index down 2.2%
:arrow: NSE Advance-Decline ratio at 1:5
:arrow: Total market turnover at Rs 28716.67 cr Vs Rs 31134.63 cr on Friday
:arrow: The Auto index closed at 4,341.63 down 4.38%. M&M, Escorts, Tata Motors, TVS Motor, Ashok Leyland and Cummins closed lower.
:arrow: The BSE Oil and Gas Index closed down 3.96% at 5,061.43. ONGC, GAIL, IOC and Petronet LNG were among the losers.
:arrow: The BSE Metal Index was down 3.85% at 7,989.19. Sterlite Ind, Sesa Goa, Hindalco, SAIL and JSW Steel witnessed selling pressure.
:arrow: The BSE Capital Goods Index down 3.2% at 6,722.01. Bharat Elec, Aban LoydChiles, Gammon India, Siemens and Praj Industries closed lower.
:arrow: The BSE FMCG Index was down 2.97% at 1,906.91. Colgate, Shaw Wallace, HLL and Britannia closed in red
:arrow: The BSE IT Index was down 2.9% at 3,820.38. Satyam, I-Flex Solution, HCL Info and Patni Computer moved down.
:arrow: The BSE Health care index was down 2.86% at 3,029.06. Dr Reddys Labs, Ranbaxy Labs, Cipla, Lupin and Sun Pharma slipped.
:arrow: The BSE Bankex was down 2.8% at 4,144.62. Bank of India, SBI, Oriental Bank, UTI Bank and PNB were among the losers.
:arrow: The BSE Consumer Durables Index lost 2.25% at 2,692.96. Titan Industries, Blue Star and Su-Raj Diamonds lost ground
:arrow: The NSE cash turnover was at Rs 5015.46 crore and the NSE F&O turnover was at Rs 21283.04 crore. The BSE cash turnover was Rs 2418.17 crore. Total market wide turnover was at Rs 28716.673 crore.
July 18, 2006. Another Red day.
SENSEX-> 10226.78 (66.44 points, 0.65%).
NIFTY-> 2993.65 (13.90 points, 0.46%).
SENSEX:
Day's High: 10406.43.
Day's Low: 10149.85.
July 21, 2006.
SENSEX-> 10085.91 (267.03 points, 2.58%).
NIFTY-> 2945.00 (78.05 points, 2.58%).
SENSEX:
Day's High: 10336.38.
Day's low:10085.91.
July 21, 2006.
Reliance ADAG plans world's largest power plant
Reliance Anil Dhirubhai Ambani Group on Friday unveiled a grand spending plan of over Rs 60,000 crore (Rs 600 billion) in Orissa, which included an investment blueprint for the world's largest pithead thermal power plant.
The 12,000 MW coal-fired plant is expected to be set up at Hirma in Jharsuguda district in phases, ADAG Chairman Anil Ambani said at the state secretariat in Bhubaneswar after a meeting with Chief Minister Naveen Patnaik.
"I have no doubt in my mind that Orissa with its coal reserves will be the power capital of the entire country. Over the next few decades, Orissa will have its rightful place (as a developed state) in India," he said.
Ambani said the outlay for the power plant would be in excess of Rs 50,000 crore (Rs 500 billion), while another Rs 10,000 crore (Rs 100 billion) would be invested for transmission and evacuation of the power generated.
"It will represent the largest investment in power sector anywhere in the world," he said, adding a 4,300 MW coal-fired plant in South Africa was the largest thermal unit at a single location at present.
ADAG's spending plan is also the largest for any project by a group in the country and beats the Rs 52,000 crore (Rs 520 billion) investment proposal of South Korean steel giant Posco and the Rs 30,000-40,000 crore (Rs 300-400 billion) steel plant plan of Mittal Steel - both in Orissa.
Besides Rs 60,000 crore for the power plant and allied works, the group would be investing in a health city, IT and IT related infrastructure in the state.
The health city would comprise a hospital and infrastructure for medical education and research near the capital city, he said.
Ambani said his company proposed to invest Rs 1,000 crore (Rs 10 billion) separately for communication and IT sector and another Rs 500 crore (Rs 5 billion) in the health sector.
The company would first set up a 4,000 MW plant at Hirma, which would be progressively expanded by adding 1,000 MW to the capacity.
"This will be the engine of growth and catalyst for future industrial development... I am looking forward to working with the Orissa government," Ambani said.
Asked to outline a timeframe for the Hirma project, he said as the basic approvals including environmental clearance would take time, the work is expected to begin within six to 12 months.
It would require about four to five years to set up the 4,000 MW plant. "No one has attempted this so far and we are pursuing a fast-track approach."
Replying to questions, Ambani said his company was committed to work within the policy framework of the state. "We need a converged path to reach solutions," he remarked.
As regards the question of displacement, he said the government had a comprehensive rehabilitation and resettlement policy in place as also a policy on environmental protection.
As regards the question of displacement, he said: "We will explain to the people. We will not be able to move forward without the cooperation and appreciation of the people."
When asked why REL was not harnessing atomic energy for power generation as coal is considered a serious pollutant, Ambani said his company was awaiting amendment to the comprehensive Atomic Energy Act.
"But India's energy solutions need a multi-track approach and one single track will not help. We have to tap hydro, thermal, atomic, wind and solar resources to meet the requirement," he said.
July 24, 2006.
Bank stocks lead the rally. SENSEX, NIFTY recovered.
Small cap & Midcap index still end RED.
SENSEX-> 10215.37 (129.46 points, 1.28%).
NIFTY-> 2985.85 (40.85 points, 1.39%).
BSEBANKEX-> 4388.67 (202.20, 4.83%).
BSEMIDCAP-> 4012.48 (18.34 points, 0.45%).
BSESMLCAP-> 4758.26 (56.46 points, 1.17%).
CNX Midcap100-> 3640.15 (75.85 points).
July 24, 2006.
Sensex:
Day's high: 10252.75.
Day's low: 9875.35.
July 25, 2006. Markets bounce back.
SENSEX-> 10415.61 (200.24 points, 1.96%).
NIFTY-> 3040.50 (54.65 points, 1.83%).
BSEMIDCAP-> 4095.38 (82.90 points, 2.07%).
BSESMLCAP-> 4854.16 (95.90 points, 2.02%).
BSEBANKEX-> 4569.30 (180.63 points, 4.12%).
CNX MIDCAP100-> 3703.35 (76.95 points).
SENSEX:
Day's high: 10443.05.
Day's low: 10323.77.
Mkts give :thumbsup: to credit policy
The markets had a steady session today digesting the 25 bps hike in repo and reverse repo rate, which was in line with the market expectations. It was the second straight session of gain for the markets and it was once again led by the banking stocks.
The Sensex closed with handsome gains of 200.24 at 10,415.61 and the Nifty gained 54.65 points or 1.83% at 3040.5 in tandem with its Asian peers.
Asian markets closed very strong and the European markets have also opened in the green
Apart from banking there was good upmove in the cement stocks with above street expectations results by Ultratech.
The BSE Small Cap Index closed at 4,854.16, up 96 points.
The BSE Midcap Index ended at 4,095.38, up 83 points.
About 1613 shares have advanced, 734 shares declined, and 76 shares are unchanged.
All the BSE sectoral indices closed in the green. Banking stocks lead the rally followed by cement and capital good stocks.
The BSE Bankex was up 4.12% at 4,569.30. Union Bank, UTI Bank, Oriental Bank, ICICI Bank, HDFC Bank, PNB, Canara Bank and Bank of Baroda were among the gainers.
The BSE Capital Goods Index was up 2.5% at 6,556.44. Gammon India, Lakshmi Machine, Crompton Greave, Bharat Elec and Carborundum closed higher.
The BSE Consumer Durables Index gained 2.34% at 2,574.24. Su-Raj Diamonds, Samtel Color, Titan Industries and BPL were up.
The BSE Metal Index advanced by 2% at 7,691.66. SAIL, Tata Steel, Sterlite Ind, Guj NRE Coke, Hindalco witnessed buying interest.
The BSE Oil and Gas Index rose 2.1% at 4,991.39. MRPL, GAIL, Chennai Petro, IOC, Petronet LNG advanced higher.
The BSE Health Care Index was up by 1.75% at 3,103.43. Cipla, Dr Reddys Labs, Divis Labs, Apollo Hospital and Nicholas Piramal were among the major gainers.
The BSE Auto Index added 1.5% at 4,275.37. Ashok Leyland, Escorts, Cummins, Tube Investment and Tata Motors closed in positive terrain.
The BSE IT Index was up by 0.8% at 3,837.97 moved up. Satyam, Mphasis BFL, TCS and Infosys jumped
The BSE FMCG Index was up 0.7% at 1,856.48. P&G, HLL, Shaw Wallace, Colgate and Dabur India closed in green.
The NSE cash turnover was at Rs 5421.16 crore and the NSE F&O turnover was at Rs 27418.75 crore. The BSE cash turnover was Rs 2607.46 crore. Total market wide turnover was at Rs 35447.37 crore.
The following changes were made in credit policy
:arrow: RBI hikes Reverse Repo Rate By 25 bps to 6%
:arrow: RBI hikes Repo Rate By 25 bps to 7%
:arrow: RBI keeps Bank Rate unchanged to 6%
:arrow: RBI keeps CRR unchanged at 5%
:arrow: Among the other markets; Wall Street stocks rallied; Dow gained 183 points.
It is all looking smart in Asia also.
:arrow: Nikkei was up nearly 2%
:arrow: Kospi was up nearly 2%
:arrow: Straits Times up 1.1%
:arrow: Hang Seng up 1%
:arrow: Taiwan up about 1%.
In the emerging markets
:arrow: Brazil was up 2%
:arrow: Mexico up 2%
:arrow: Russia up about 1%.
July 26, 2006. All indices end green.
SENSEX-> 10617.27 (201.66 points, 1.94%).
NIFTY-> 3110.15 (69.65 points, 2.29%).
SENSEX:
Day's high: 10648.77.
Day's Low: 10362.61.
July 26, 2006. All indices end green.
SENSEX-> 10617.27 (201.66 points, 1.94%).
NIFTY-> 3110.15 (69.65 points, 2.29%).
SENSEX:
Day's high: 10648.77.
Day's Low: 10362.61.
July 27, 2006. Bulls continue to run.
SENSEX-> 10741.59 (124.32 points, 1.17%).
NIFTY-> 3156.15 ((46.00 points, 1.48%).
SENSEX:
Day's High: 10762.67.
Day's Low: 10589.68.
1st time Sensex gains 100 pts in 4 straight sessions.
It was a big day for the markets as it closed in the positive for the fourth straight session amid volatility. It was the first instance of 4 straight sessions of gain for Sensex ever. On the F&O expiry day the Sensex gained 124 points and Nifty was up 46 points.
About 1422 shares advanced, 934 shares declined, and 78 shares were unchanged.
The corporate results also propelled the markets, in the pharma space, after Ranbaxy Dr Reddy's came out with stellar set of numbers way beyond street expectations. Banking sectors gave some positive surprises with IOB and Syndicate Bank. Maruti Udyog came also out with strong set of numbers.
The Sensex closed with gains of 124 points at 10,741.59 and the Nifty gained 46 points at 3156.
The BSE Small Cap Index closed at 5,029.36, up 61 points.
The BSE Midcap Index ended at 4,228.79, up 47 points.
The rally was seen in indices across sectors. All the BSE sectoral indices closed in the green. Capital goods stocks led the rally followed by consumer durables and auto stocks.
The BSE Capital Goods Index was up 2.8% at 6,876.82. Alstom Projects, BHEL, Bharat Elec and BEML closed higher.
The BSE Consumer Durables Index gained 2.2% at 2,663.67. Titan Industries, BPL, Su-Raj Diamonds and Samtel Color Industries were up.
The BSE Auto Index added 1.9% at 4,448.55. Cummins, MRF, MICO and Tube Investment closed in positive terrain.
The BSE Bankex was up 0.9% at 4,652.32. Bank of India, IOB, Oriental Bank and PNB were among the gainers.
The BSE IT Index was up by 0.8% at 3,951.95 moved up. I-Flex Solution, Wipro, Moser Baer and Mphasis BFL jumped
The BSE Health Care Index was up by 0.6% at 3,183.82. Ipca Labs, Dr Reddys Labs, Sun Pharma and Orchid Chemical were among the major gainers.
The BSE Metal Index advanced by 0.4% at 7,819.00. Welspun Guj, JindalStainless, Hindalco and SAIL witnessed buying interest.
The BSE Oil and Gas Index rose 0.35% at 5,127.85. ONGC, MRPL, Chennai Petro, Petronet LNG advanced higher.
The BSE FMCG Index was flat at 1,907.41. Tata Tea, McDowell, HLL and Britannia closed in green.