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Firm trades continue

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SI Reporter New Delhi
Last Updated : Mar 05 2013 | 8:41 PM IST

The markets have not moved much in the last one hour of trade,  the markets have gained consecutively for the third day.

The Sensex was at 18,341 higher by 135 points and the Nifty added 37 points to 5518.

The broader markets were in line with the benchmark indices, the BSE small-cap index was at 7945 higher by 77 points and the mid-cap index gained 52 points or 0.8% to 6655.
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(Updated at 10.30)

After opening higher, the markets continued to trade on a firm note, the Sensex has gained 115 points at 18,321 and the Nifty added 32 points to 5512.

The other Asian markets were also trading on a strong note, the Taiwan added 0.5% or 43 points to 8588, Nikkei bounced back into the green, higher by 7 points at 9456 and the Hang Seng jumped.

Back to the Indian markets, Hindalco was the top gainer on the Sensex, the stock gained 2.5% to Rs 201, BHEL, ICICI Bank, TCS, Tata Motors, Sterlite Industries, DLF, Mahindra & Mahindra and Hero Honda were also trading higher by around 1% each. On the other hand Hindustan Unilever, Reliance Infrastructure and Infosys were notable losers.

All the sectoral indices were trading in the green. The BSE Realty index was the top sectoral gainer, the index jumped 2.2% to 2166, Capital Goods index added 139 points to 12,715. Banking stocks continued to witness the buying consecutively for the second day, the BSE banking index- Bankex surged 1% or 162 points to 12,594, Metal index added 142 points to 15,669. Capital Goods, Auto, Power, PSU and Healthcare indices added 0.3-0.9% each.

Indiabulls Real Estate was the top gainer among the realty stocks, the stock zoomed 4.4% to Rs 118. Unitech, Sobha Developers, Orbit Corp, D B Realty, HDIL, Parsvanath Developers, DLF and Ackruti City were also among the gainers.

Bharat Electricals, ABB, BEML, BHEL, Lakshmi Machine Works, Punj Lloyd, Alstom Projects and Reliance Industrial Infrastructure, were among the gainers on the capital goods stocks.

Among the banking stocks Kotak Mahindra Bank was the top gainer followed by ICICI Bank, Yes Bank, Union Bank, Punjab National Bank, Indusind Bank and IDBI Bank.

The broader markets were also trading higher, the BSEmid-cap index added 43 points or 0.6% to 6646 and the small-cap index was higher by 67 points at 7935.

The overall market breadth remained positive as 1431 stocks advanced while 690 stocks declined.

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First Published: Mar 24 2011 | 11:25 AM IST

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