The benchmark indices are witnessing a sharp rally by crossing 12k mark first time since Oct''08, exuding strong gains across major Asian markets. The firm opening of the European markets due to continuous positive signs of key global data has buoyed the firm buying trend. During the afternoon trade, all the sectorial indices are trading in green. The Metal, IT, Banking, FMCG and Realty stocks are facing the huge buying momentum today.
The BSE Sensex is now trading above the 12,000 mark and the NSE Nifty near the 3,600 mark. The BSE Mid Cap and the BSE Small Cap are also trading higher with a gain of more than 3% each.
The overall market breadth is positive as 1683 stocks are advancing while 764 stocks are declining in BSE.
Mahindra & Mahindra Ltd reported the top gainer from the BSE Sensex pack, as it is trading up by (14.59%) at Rs. 557.20 followed by Sterlite Industries up by (13.92%) at Rs. 466.
BSE Sensex is at 12,098.84 up by 695.59 points and Nifty is at 3,652.55 up by 178.59 points.
The BSE Mid Cap is higher by 130.55 points at 3,644.41 and the BSE Small Cap increased by 140.73 points to 4,081.64.
The Metal index is trading higher by 492.57 points or 7.15% at 7,378.38. Gainers from this pack are Sterlite Industries trading up by 13.71% at Rs. 465.15, Hindalco Industries by 11.23% at Rs. 59.90, Tata Steel by 9.30% at Rs. 260.20, Hindustan Zinc by 6.80% at Rs. 516, JSW SL by 6.80% at Rs 359.45, SAIL by 6.31% at Rs 116.20, NALCO by 5.98% at Rs 224.25, Sesa Goa by 5.45% at Rs 118 and Jai Corp by 4.98% at Rs 177.20.
The most active shares on NSE are ICICI Bank trading at Rs.513.65 with a total traded quantity of 12477857 shares followed by Reliance Industries trading at Rs.1,876.20 with a total traded quantity of 3146791 shares.
Mahindra and Mahindra on BSE zoomed by 15.15% at Rs 559.90. The company has reported 14.8% increase in total sales in April 2008 as compared to a year ago period. The auto giant’s domestic sales grew 16% on an annual basis while exports declined by 39.3%.
On the global markets front, the European markets are trading higher as the DAX and the CAC 40 index are trading up by (1.55%) and (0.97%).
The BSE Sensex is now trading above the 12,000 mark and the NSE Nifty near the 3,600 mark. The BSE Mid Cap and the BSE Small Cap are also trading higher with a gain of more than 3% each.
The overall market breadth is positive as 1683 stocks are advancing while 764 stocks are declining in BSE.
Mahindra & Mahindra Ltd reported the top gainer from the BSE Sensex pack, as it is trading up by (14.59%) at Rs. 557.20 followed by Sterlite Industries up by (13.92%) at Rs. 466.
BSE Sensex is at 12,098.84 up by 695.59 points and Nifty is at 3,652.55 up by 178.59 points.
The BSE Mid Cap is higher by 130.55 points at 3,644.41 and the BSE Small Cap increased by 140.73 points to 4,081.64.
The Metal index is trading higher by 492.57 points or 7.15% at 7,378.38. Gainers from this pack are Sterlite Industries trading up by 13.71% at Rs. 465.15, Hindalco Industries by 11.23% at Rs. 59.90, Tata Steel by 9.30% at Rs. 260.20, Hindustan Zinc by 6.80% at Rs. 516, JSW SL by 6.80% at Rs 359.45, SAIL by 6.31% at Rs 116.20, NALCO by 5.98% at Rs 224.25, Sesa Goa by 5.45% at Rs 118 and Jai Corp by 4.98% at Rs 177.20.
The most active shares on NSE are ICICI Bank trading at Rs.513.65 with a total traded quantity of 12477857 shares followed by Reliance Industries trading at Rs.1,876.20 with a total traded quantity of 3146791 shares.
Mahindra and Mahindra on BSE zoomed by 15.15% at Rs 559.90. The company has reported 14.8% increase in total sales in April 2008 as compared to a year ago period. The auto giant’s domestic sales grew 16% on an annual basis while exports declined by 39.3%.
On the global markets front, the European markets are trading higher as the DAX and the CAC 40 index are trading up by (1.55%) and (0.97%).
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