The market continues to trade with significant gains from the opening bell. The strong buying iseen across the board mainly led the stocks like Capital Goods, Metal, Oil & Gas and Bank stocks. However, the IT stocks are facing some selling pressure. The broader market has also joined the rally and is trading strongly. The overall market breadth remains positive, as 1799 stocks are advancing while 781 stocks are declining and the 71 stocks remained unchanged on BSE. The BSE Mid cap is higher by 105.35 points at 7,796.21 and the BSE small Cap advanced by 120.32 points to trade at 9,768.81.
At 12.31 pm, BSE Sensex was at 18,033.05 up by 226.86 points and Nifty was at 5,334.65 up by 64.60 points.
BSE Capital goods index surged by 520.27 points to 16,644.93. The main gainers are Siemens (4.03%), L&T (3.80%), BHEL (3.67%) and ABB (3.17%).
BHEL has bagged a Rs1,075 crore order from Gujarat State Energy Generation for setting up a 350mw power plant in Gujarat.
BSE Metal index improved by 259.33 points to trade at 17,060.34. The major gainers are Tata Steel (2.10%), Hindalco Industries (2.02%), NALCO (1.72%), SAIL (0.81%) and Sterlite Industries (0.35%).
BSE Oil & Gas index was trading 160.60 points higher at 11,375.36 as Cairn India (2.22%), BPCL (1.75%), ONGC (1.46%) and RPL (1.20%) are trading in green.
BSE Banks index advanced by 137.50 points to trade at 10,326.98. The top gainers are ICICI Bank (1.88%), PNB (1.71%), HDFC Bank (0.69%) and SBI (0.47%).
BSE Power index increased by 101.47 points to trade at 3,808.27 as Suzlon Energy (1.91%), Reliance Energy (1.82%), Tata Power (1.40%) and NTPC (0.98%) are trading in green.
BSE Health Care index inclined by 62.17 points to trade at 3,875.78 as GSK (1.41%), Dr.Reddy (1.09%), Sun Pharma (0.79%) and Ranbaxy (0.71%) are trading in positive.BSE IT index declined by 30.94 points to trade at 4,031.73 as Infosys Technologies (1.62%), Satyam Computer (0.89%) and Wipro (0.67%) are trading in red.
At 12.31 pm, BSE Sensex was at 18,033.05 up by 226.86 points and Nifty was at 5,334.65 up by 64.60 points.
BSE Capital goods index surged by 520.27 points to 16,644.93. The main gainers are Siemens (4.03%), L&T (3.80%), BHEL (3.67%) and ABB (3.17%).
BHEL has bagged a Rs1,075 crore order from Gujarat State Energy Generation for setting up a 350mw power plant in Gujarat.
BSE Metal index improved by 259.33 points to trade at 17,060.34. The major gainers are Tata Steel (2.10%), Hindalco Industries (2.02%), NALCO (1.72%), SAIL (0.81%) and Sterlite Industries (0.35%).
BSE Oil & Gas index was trading 160.60 points higher at 11,375.36 as Cairn India (2.22%), BPCL (1.75%), ONGC (1.46%) and RPL (1.20%) are trading in green.
BSE Banks index advanced by 137.50 points to trade at 10,326.98. The top gainers are ICICI Bank (1.88%), PNB (1.71%), HDFC Bank (0.69%) and SBI (0.47%).
BSE Power index increased by 101.47 points to trade at 3,808.27 as Suzlon Energy (1.91%), Reliance Energy (1.82%), Tata Power (1.40%) and NTPC (0.98%) are trading in green.
BSE Health Care index inclined by 62.17 points to trade at 3,875.78 as GSK (1.41%), Dr.Reddy (1.09%), Sun Pharma (0.79%) and Ranbaxy (0.71%) are trading in positive.BSE IT index declined by 30.94 points to trade at 4,031.73 as Infosys Technologies (1.62%), Satyam Computer (0.89%) and Wipro (0.67%) are trading in red.
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