The market ended the day on a flat note after exhibiting high volatility in the post session trading. Healthy quarterly numbers and good news from most of the companies have generated renewed buying interest across most of the key pivotals, which kept the market trading higher in the morning session. However, profit booking was witnessed during the mid session, caused a fall of more than 100 points in the benchmark index. Finally market relaxed a bit on the news that India''s stock market regulator, SEBI may allow investors not regulated in their home countries to register as foreign institutional investors if they disclose the nature of their funds and investments. Atlast, the benchmark index Sensex ended with the marginal gain of 20.07 points to close at 18,512.91, whereas Nifty closed a bit higher with a gain of 22.45 points to close at 5496.15. Further, BSE Midcap and BSE Smallcap also closed with the gains of 94.45 points and 106.66 points at 7,650.69 & 9,242.38 respectively.
BSE Metal closed with the highest gain of 380.65 points at 15,772.94. Pushed it up are JSW Steel (9.18%), Sesa Goa (5.42%), Jindal Saw (3.48%).
BSE Capital goods also followed the gaining rally to closed higher by 335.14 points at 17,112.32. Fueled it up are Suzlon Energy, with the highest gain of (9.63%), Thermax Ltd (5.81%), Areva (5.06%), Lakshmi Machinery (3.25%).
The Realty index also surged by 192.50 points to close at 9760.53. Took it up are Indiabulls Realty (13.23%), Anant Raj (5.85%), Mahindra Ges (5.29%), and Akruti Nirman (4.26%).
Along with these, BSE Bankex also closed with gain of 102.56 points at 9665.67. Scrips surged are SBI (5.25%), Canara Bank (3.49%), Union Bank (3.38%), Yes Bank (2.48%), and HDFC Bank (2.20%).
BSE IT, BSE Auto and BSE Oil & Gas remained under pressure with the loss of 54.65 points, 48.33 points and 3.61 points to close at 4,580.23, 5404.26 and 10736.91 respectively.
Wednesday, October 24, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment