The market is trading on the front foot on the back of heavy buying across the sectoral heavy weights. Tracking the favoring cues from the global markets, the domestic market opened with a bang. The market breadth is strong as 1792 stocks are trading in green while 571 stocks are trading in red.
At 11.32AM, BSE Sensex is trading higher by 173.65 points at 17,034.55 and NSE Nifty is trading up by 40.25 points at 5,052.90. The BSE Mid Cap and Small Cap are trading higher by 127.20 points and 156.85 points at 7,073.11 and 8,560.14 respectively.
The Capital Goods index is trading higher by 190.43 points at 13,312.25. Pushing it are Kirloskar BR trading up by (3.43%) at Rs250 along with Havells India by (2.78%) at Rs460.85, Punj Lloyd by (2.74%) at Rs341, Areva by (2.68%) at Rs1550, Praj industries by (2.37%) at Rs203.40, Jyoti Structures by (1.88%) at Rs151.50, Suzlon Energy by (1.70%) at Rs283.35, Alstom Projects by (1.57%) at Rs603.20 and SKF India by (0.89%) at Rs288.50.
The Bankex index is trading up by 137.41 points at 8,702.54 as Karnataka bank trading higher by (6.94%) at Rs215 in line with Federal bank by (3.09%) at Rs246.80, Allahabad bank by (2.32%) at Rs90.50, IOB by (2.16%) at Rs148.85, Axis bank by (2.14%) at Rs896, BOB by (2.11%) at Rs297.90, Union bank by (1.60%) at Rs168 and Yes bank by (1.02%) at Rs163.40.
Leading the rally from the gainers pack of BSE are SH. Precoated trading up by (8.44%) at Rs215.80 followed by UCO bank by (7.23%) at Rs47.45, Spice Tele by (5.54%) at Rs41.90, Mosear Baer by (5.51%) at Rs183.75, Indbul Real by (5.04%) at Rs544, Reliance industrial Infra by (5%) at Rs1389.20, HDIL by (4.92%) at Rs769 and HMT by (4.88%) at Rs78.50.
ICICI bank is trading up by (2.2%) at Rs899.9. The bank has lowered the equated monthly installments (EMIs) for a large number of borrowers by enhancing the tenure of their home loans.
Tata Steel is trading higher by (2.85%) at Rs866.9. The company announced that it will hold the prices of the products for the next three months.
Unitech is trading up by (3.1%) at Rs288. The company’s subsidiary has applied for the issuance of the licenses for the international long distance services as well as national long distance services.
Satyam is trading up by (2.51%) at Rs503.25. The company and SAP had entered into a new partnership to give a boost to the technology deployment and improve their return on investment. As per this agreement, Satyam has become a SAP global services partner to help Fortune 1000 companies worldwide to implement SAP solutions and transform business processes
At 11.32AM, BSE Sensex is trading higher by 173.65 points at 17,034.55 and NSE Nifty is trading up by 40.25 points at 5,052.90. The BSE Mid Cap and Small Cap are trading higher by 127.20 points and 156.85 points at 7,073.11 and 8,560.14 respectively.
The Capital Goods index is trading higher by 190.43 points at 13,312.25. Pushing it are Kirloskar BR trading up by (3.43%) at Rs250 along with Havells India by (2.78%) at Rs460.85, Punj Lloyd by (2.74%) at Rs341, Areva by (2.68%) at Rs1550, Praj industries by (2.37%) at Rs203.40, Jyoti Structures by (1.88%) at Rs151.50, Suzlon Energy by (1.70%) at Rs283.35, Alstom Projects by (1.57%) at Rs603.20 and SKF India by (0.89%) at Rs288.50.
The Bankex index is trading up by 137.41 points at 8,702.54 as Karnataka bank trading higher by (6.94%) at Rs215 in line with Federal bank by (3.09%) at Rs246.80, Allahabad bank by (2.32%) at Rs90.50, IOB by (2.16%) at Rs148.85, Axis bank by (2.14%) at Rs896, BOB by (2.11%) at Rs297.90, Union bank by (1.60%) at Rs168 and Yes bank by (1.02%) at Rs163.40.
Leading the rally from the gainers pack of BSE are SH. Precoated trading up by (8.44%) at Rs215.80 followed by UCO bank by (7.23%) at Rs47.45, Spice Tele by (5.54%) at Rs41.90, Mosear Baer by (5.51%) at Rs183.75, Indbul Real by (5.04%) at Rs544, Reliance industrial Infra by (5%) at Rs1389.20, HDIL by (4.92%) at Rs769 and HMT by (4.88%) at Rs78.50.
ICICI bank is trading up by (2.2%) at Rs899.9. The bank has lowered the equated monthly installments (EMIs) for a large number of borrowers by enhancing the tenure of their home loans.
Tata Steel is trading higher by (2.85%) at Rs866.9. The company announced that it will hold the prices of the products for the next three months.
Unitech is trading up by (3.1%) at Rs288. The company’s subsidiary has applied for the issuance of the licenses for the international long distance services as well as national long distance services.
Satyam is trading up by (2.51%) at Rs503.25. The company and SAP had entered into a new partnership to give a boost to the technology deployment and improve their return on investment. As per this agreement, Satyam has become a SAP global services partner to help Fortune 1000 companies worldwide to implement SAP solutions and transform business processes
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