The markets are still trading higher as strong buying continued across the board. Further the positive opening of the European markets also boosted the sentiments. The IT index today outperformed the benchmark indices on the better than expected results from TCS. Further the significant buying among the Tech, Banking, Oil & Gas and Realty stocks are also supporting the rallly. However, FMCG the sole index is bucking the trend today.
The BSE Sensex is now trading above the 15,100 mark and the NSE Nifty above the 4,450 mark.
The overall market breadth is positive as 1707 stocks are advancing while 867 stocks are declining in BSE.
TCS reported the top gainer from the BSE Sensex pack, as it is trading up by (14.02%) at Rs. 494.40 while Reliance Infra reported the top loser trading down by (2.52%) at Rs. 1,121.
The BSE Sensex is trading up by 401.65 points at 15,146.57 and the NSE Nifty is trading higher by 112.30 points at 4,487.25.
The BSE Mid Cap increased by 102.88 points to 5,208.47 and the BSE Small Cap grew by 121.40 points to 5,802.30.
The BSE IT index is trading with decent gains of 242.10 points or 6.91% at 3,747.38. Gainers from this pack are TCS trading up by 13.23% at Rs. 490.95 along with HCL Tech by 8.25% at Rs. 233.60, Wipro by 7.37% at Rs. 461.05, Tech Mahindra by 7.16% at Rs. 787.70, Mphasis by 7.11% at Rs. 413.55, Infosys by 5.53% at Rs. 1970.20, Patni Computers by 4.64% at Rs. 296.65 and Oracle Fin by 4.61% at Rs. 1318.10.
The Bankex index is trading up by 276.32 points or 3.40% at 8,408.48. Leading from the gainers pack are Allahabad bank trading higher by 9.50% at Rs. 87 followed by Union bank by 6.45% at Rs. 255, Bank of India by 5.42% at Rs. 358, Oriental bank by 4.62% at Rs. 175.50, Kotak bank by 4.50% at Rs. 670.30, ICICI bank by 4.32% at Rs. 774.50, IDBI bank by 4.30% at Rs. 103.10, bank of Baroda by 4.07% at Rs. 432.05 and Yes bank by 3.95% at Rs. 150.
The most active shares on NSE are Satyam Computers trading at Rs. 94.20 with a total traded quantity of 48860682 shares followed by RNRL trading at Rs. 81.10 with a total traded quantity of 44321566 shares.
Infrastructure Development Finance Company Limited (IDFC) is trading up by 1.07% at Rs. 141.25. The company has posted a net profit of Rs 2434.990 million for the quarter ended June 30, 2009 as compared to Rs 2047.331 million for the quarter ended June 30, 2008.
Total Income has increased from Rs 8115.338 million for the quarter ended June 30, 2008 to Rs 8778.873 million for the quarter ended June 30, 2009. Alstom Projects India Limited is trading higher by 2.73% at Rs. 502.95.
The company has informed that the Company has been awarded a contract worth Rs 373 crores by Bharat Heavy Electricals Limited for supply of Boiler components for 2 X 800 MW Supercritical Coal Fired Power Plant at Krishnapatnam, Nellore Dist in Andra Pradesh.
On the global markets front, the European markets are now trading higher as the FTSE 100, DAX and CAC index are trading up by (0.89%), (0.93%) and (1.17%) respectively.
The BSE Sensex is now trading above the 15,100 mark and the NSE Nifty above the 4,450 mark.
The overall market breadth is positive as 1707 stocks are advancing while 867 stocks are declining in BSE.
TCS reported the top gainer from the BSE Sensex pack, as it is trading up by (14.02%) at Rs. 494.40 while Reliance Infra reported the top loser trading down by (2.52%) at Rs. 1,121.
The BSE Sensex is trading up by 401.65 points at 15,146.57 and the NSE Nifty is trading higher by 112.30 points at 4,487.25.
The BSE Mid Cap increased by 102.88 points to 5,208.47 and the BSE Small Cap grew by 121.40 points to 5,802.30.
The BSE IT index is trading with decent gains of 242.10 points or 6.91% at 3,747.38. Gainers from this pack are TCS trading up by 13.23% at Rs. 490.95 along with HCL Tech by 8.25% at Rs. 233.60, Wipro by 7.37% at Rs. 461.05, Tech Mahindra by 7.16% at Rs. 787.70, Mphasis by 7.11% at Rs. 413.55, Infosys by 5.53% at Rs. 1970.20, Patni Computers by 4.64% at Rs. 296.65 and Oracle Fin by 4.61% at Rs. 1318.10.
The Bankex index is trading up by 276.32 points or 3.40% at 8,408.48. Leading from the gainers pack are Allahabad bank trading higher by 9.50% at Rs. 87 followed by Union bank by 6.45% at Rs. 255, Bank of India by 5.42% at Rs. 358, Oriental bank by 4.62% at Rs. 175.50, Kotak bank by 4.50% at Rs. 670.30, ICICI bank by 4.32% at Rs. 774.50, IDBI bank by 4.30% at Rs. 103.10, bank of Baroda by 4.07% at Rs. 432.05 and Yes bank by 3.95% at Rs. 150.
The most active shares on NSE are Satyam Computers trading at Rs. 94.20 with a total traded quantity of 48860682 shares followed by RNRL trading at Rs. 81.10 with a total traded quantity of 44321566 shares.
Infrastructure Development Finance Company Limited (IDFC) is trading up by 1.07% at Rs. 141.25. The company has posted a net profit of Rs 2434.990 million for the quarter ended June 30, 2009 as compared to Rs 2047.331 million for the quarter ended June 30, 2008.
Total Income has increased from Rs 8115.338 million for the quarter ended June 30, 2008 to Rs 8778.873 million for the quarter ended June 30, 2009. Alstom Projects India Limited is trading higher by 2.73% at Rs. 502.95.
The company has informed that the Company has been awarded a contract worth Rs 373 crores by Bharat Heavy Electricals Limited for supply of Boiler components for 2 X 800 MW Supercritical Coal Fired Power Plant at Krishnapatnam, Nellore Dist in Andra Pradesh.
On the global markets front, the European markets are now trading higher as the FTSE 100, DAX and CAC index are trading up by (0.89%), (0.93%) and (1.17%) respectively.
No comments:
Post a Comment