After opening on positive note, market was trading steadily through the day. During final hour of trade, market gained momentum on back of increased participation from local fund houses and FIIs. As a result, BSE sensex and Nifty made another remarkable record by closing all time high. Auto, Telecom, capital goods and oil & gas stocks were in favor while selective selling activities were seen in Metal, IT and Banking stocks. Overall market breadth was positive as 1496 stocks advanced and 1104 stocks declined on BSE.
BSE sensex closed at 14515.90 up by 112.13 points and Nifty was up by 31.85 points to close at 4215.75. BSE mid cap was up by 37.04 points to close at 6155.24 and BSE small cap was up by 94.93 points to close at 7655.65.
BSE auto index was the top gainer and adding 114.73 points or 2.05% at 5712.79 as M&M (2.47%), Bajaj auto (1.67%), and Maruti Udyog (2.16%) ended in green.
BSE Capital goods index gained 97.16 points to close at 9920.97 as Suzlon energy (3.01%), ABB (1.25%) and BHEL (0.64%) ended green.
Telecom pack also performed well as Reliance comm. (5.34%) and Bharti Airtel (1.22%) closed in green.
BSE oil & gas index added 60.66 points to close at 6715.24 as BPCL (1.67%), Reliance (1.09%) IPCL (0.55%) and ONGC (0.48%) ended in green.
BSE health cares index edged up 18.15 points to close at 3873.24 as Glaxosmithkline , Dr Reddys labs and Ranbaxy Labs advanced.
BSE FMCG index gained 6.43 points to close at 1920.48 as Dabur (1.15%) and ITC (0.34%) ended green and HLL (0.74%) closed in red.
BSE bank index closed at 7415.02 up by 8.83 points as HDFC (4.26%) , SBI(1.44%)and ICICI Bank (0.33%) ended in green.
BSE Metals index was the top loser with 111.55 points down to close at 9345.74 as SAIL (1.85%) and Hindalco (3.34%) ended red while Tata Steel (1.90%) ended green.
BSE IT index lost 5.24 points to close at 5,387.05 as Satyam Wipro and HCL tech closed in red while Infosys and TCS ended in green.
Monday, February 5, 2007
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