The market today opens strong backed by the positive cues from the global markets. The significant buying witnessed across the board mainly led by the Capital Goods, Realty and Bank stocks. The BSE Sensex has crossed the 16500 mark and the Nifty has crossed the 4900 mark in the opening trade. The broader market is also trading in line with the benchmark index.The overall market breadth is positive as 1563 stocks are advancing whereas 205 stocks are declining on BSE.
The market will remain closed from 11:45 IST to 12:25 IST due to sun outage. Trading time has been extended till 16:15 IST.
At 10.30AM, the BSE Sensex was up by 382 points at 16,505 and the Nifty was up by 102.30 points to 4,968.20.The BSE Mid Cap increased by 175 points to 7,168 and the BSE Small Cap advanced by 266 points to 8,825.
On the primary market front, Rural Electrification Ltd get listed at Rs 129.50 versus Rs 105 on the NSE.
Reliance Energy reported the top gainer from the BSE Sensex pack. It was up by (7.73%) at Rs.1,386.80 while Tata Steel reported the top loser declined by (1.47%) at Rs.807.
BSE Capital Goods index advanced by 643.06 points to trade at 14,703.71. The top gainers are L&T inclined by (5.31%) to Rs.3,072, BHEL increased by (4.11%) at Rs.2,078 followed by ABB and Siemens up by (3.51%) and (1.43%) to Rs.1,150 and Rs.707 respectively.
BSE Bank index improved by 408.60 points to trade at 8,895.84. The major gainers are HDFC Bank, ICICI Bank, PNB and SBI grew by (6.38%), (5.60%), (2.36%) and (1.48%) to Rs.1,418, Rs.905, Rs.1,150 and Rs.707 respectively.
L&T is trading higher by (5.45%) to 3,076. The company has won a contract worth Rs.747mn to set up offshore control centres for state-run Oil and Natural Gas Corp. The system would be used to issue emergency shutdown commands to ONGC''s 133 well platforms and 13 process platforms.
The market will remain closed from 11:45 IST to 12:25 IST due to sun outage. Trading time has been extended till 16:15 IST.
At 10.30AM, the BSE Sensex was up by 382 points at 16,505 and the Nifty was up by 102.30 points to 4,968.20.The BSE Mid Cap increased by 175 points to 7,168 and the BSE Small Cap advanced by 266 points to 8,825.
On the primary market front, Rural Electrification Ltd get listed at Rs 129.50 versus Rs 105 on the NSE.
Reliance Energy reported the top gainer from the BSE Sensex pack. It was up by (7.73%) at Rs.1,386.80 while Tata Steel reported the top loser declined by (1.47%) at Rs.807.
BSE Capital Goods index advanced by 643.06 points to trade at 14,703.71. The top gainers are L&T inclined by (5.31%) to Rs.3,072, BHEL increased by (4.11%) at Rs.2,078 followed by ABB and Siemens up by (3.51%) and (1.43%) to Rs.1,150 and Rs.707 respectively.
BSE Bank index improved by 408.60 points to trade at 8,895.84. The major gainers are HDFC Bank, ICICI Bank, PNB and SBI grew by (6.38%), (5.60%), (2.36%) and (1.48%) to Rs.1,418, Rs.905, Rs.1,150 and Rs.707 respectively.
L&T is trading higher by (5.45%) to 3,076. The company has won a contract worth Rs.747mn to set up offshore control centres for state-run Oil and Natural Gas Corp. The system would be used to issue emergency shutdown commands to ONGC''s 133 well platforms and 13 process platforms.
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