With a few frontline stocks encountering strong resistance, the market has come off its higher levels now. Ambuja Cements (down marginally), Tata Steel (up 0.3 per cent) and Ranbaxy Laboratories (up 0.25 per cent) have dropped down sharply from their earlier highs. Tata Consultancy Services and Cipla are up by just around 1.3 per cent and 1.4 per cent respectively.
Jaiprakash Associates, which had shot up by around 12 per cent in early trade, has eased to Rs 215.15, trimming down its gain to 7.25 per cent. HDFC Bank (5.35 per cent), ICICI Bank (5.45 per cent) and State Bank of India (4.4 per cent) continue to trade firm.
Wipro, Tata Motors, Satyam Computer Services, Reliance Energy, Reliance Industries, Reliance Communications, ONGC, NTPC, Maruti Suzuki, Mahindra & Mahindra, Larsen & Toubro, Infosys Technologies, ITC, HDFC, Hindustan Unilever, Grasim Industries, DLF, BHEL, ACC and Bharti Airtel are up by 2 per cent - 5 per cent.
The Sensex, which had vaulted to 15,465.81 earlier this morning, has slipped to 15,274.54, but still remains fairly high up in the positive territory with a strong gain of 441.08 points or 2.97 per cent at present.
The Nifty is up 2.68 per cent or 121.30 points at 4654.30. Earlier, after opening at 4534.75, the Nifty has hit a high of 4718.40 this morning.
Besides sector heavyweight DLF, Unitech, Akruti City, Ansal Infrastructure, HDIL, India Bulls Real Estate, Mahindra Lifespace, Omaxe, Parsvnath Developers, Puravankara Projects and Sobha Developers are the other strong gainers from the realty index.
These stocks are up by 2 per cent- 5 per cent over their previous closing levels now. Penland and Phoenix Mills have also posted sharp gains. Anant Raj Industries has eased by around 1.2 per cent due to lack of support.
Besides heavyweights ICICI Bank, HDFC Bank and State Bank of India, a host of other bank stocks including Bank of Baroda, Bank of India, Allahabad Bank, Canara Bank, Centurion Bank of Punjab, Federal Bank, Indian Overseas Bank, Karnataka Bank, Kotak Bank, Punjab National Bank, Union Bank of India, Yes Bank, Bank of Maharashtra, Central Bank of India, Corporation Bank, IDBI, Indian Bank, Syndicate Bank and UCO Bank and Dena Bank have also posted smart gains
Jaiprakash Associates, which had shot up by around 12 per cent in early trade, has eased to Rs 215.15, trimming down its gain to 7.25 per cent. HDFC Bank (5.35 per cent), ICICI Bank (5.45 per cent) and State Bank of India (4.4 per cent) continue to trade firm.
Wipro, Tata Motors, Satyam Computer Services, Reliance Energy, Reliance Industries, Reliance Communications, ONGC, NTPC, Maruti Suzuki, Mahindra & Mahindra, Larsen & Toubro, Infosys Technologies, ITC, HDFC, Hindustan Unilever, Grasim Industries, DLF, BHEL, ACC and Bharti Airtel are up by 2 per cent - 5 per cent.
The Sensex, which had vaulted to 15,465.81 earlier this morning, has slipped to 15,274.54, but still remains fairly high up in the positive territory with a strong gain of 441.08 points or 2.97 per cent at present.
The Nifty is up 2.68 per cent or 121.30 points at 4654.30. Earlier, after opening at 4534.75, the Nifty has hit a high of 4718.40 this morning.
Besides sector heavyweight DLF, Unitech, Akruti City, Ansal Infrastructure, HDIL, India Bulls Real Estate, Mahindra Lifespace, Omaxe, Parsvnath Developers, Puravankara Projects and Sobha Developers are the other strong gainers from the realty index.
These stocks are up by 2 per cent- 5 per cent over their previous closing levels now. Penland and Phoenix Mills have also posted sharp gains. Anant Raj Industries has eased by around 1.2 per cent due to lack of support.
Besides heavyweights ICICI Bank, HDFC Bank and State Bank of India, a host of other bank stocks including Bank of Baroda, Bank of India, Allahabad Bank, Canara Bank, Centurion Bank of Punjab, Federal Bank, Indian Overseas Bank, Karnataka Bank, Kotak Bank, Punjab National Bank, Union Bank of India, Yes Bank, Bank of Maharashtra, Central Bank of India, Corporation Bank, IDBI, Indian Bank, Syndicate Bank and UCO Bank and Dena Bank have also posted smart gains
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