The market is still maintained its opening gain and is trading higher as strong buying continued across the board. The Metal, Capital Goods, Consumer Durables and Pharma stocks are in huge demand today. The Mid Cap and Small Cap stocks are also facing the strong buying interest.
On the primary market front, Titagarh Wagons got listed on the bourses today at Rs 604.90 as against its issue price of Rs 540 on the NSE.
The overall market breadth is positive, as 1986 stocks are advancing while 537 stocks are declining and the 44 stocks remained unchanged on BSE.
The BSE Mid cap is higher by 128 points at 6,964 and the BSE small Cap advanced by 204 points to trade at 8,735.
At 12.30 pm, BSE Sensex was at 16,696 up by 215 points and Nifty was at 5,029.95 up by 71.55 points.
BSE Metal index surged by 363.17 points to trade at 15,024.30. The major gainers are Tata Steel (4.32%), SAIL (2.92%), Hindalco Industries (2.67%) and NALCO (2.12%).
BSE Capital goods index advanced by 255.55 points to 13,648.03. The main gainers are Praj Industries (5.21%), Siemens (2.64%), L&T (2.20%) and ABB (1.30%).
BSE Oil & Gas index was trading 146.08 points higher at 11,557.11 as Cairn India (3.10%), RPL (1.60%), ONGC (0.79%) and BPCL (0.25%) are trading in green.
BSE Banks index improved by 87.88 points to trade at 8,383.72. The top gainers are HDFC Bank (2.64%), SBI (0.77%), PNB (0.76%) and ICICI Bank (0.60%).
BSE IT index grew by 31.74 points to trade at 4,182.64 as HCL Technologies (2.22%), Wipro (1.74%), TCS (1.40%) are trading in green.
Satyam Computers reported a 17.8% surge in Q4 net profit for the quarter ended March 31, 2008, at Rs 468.45 crore as against Rs 397.51 crore in the corresponding quarter a year ago. The company''''s FY08 net profit also rose 20.5% to Rs 1,715.74 crore as compared to Rs 1,423.23 crore posted in FY07.
HCL Technologies is looking at the option of expanding its presence in the media and entertainment vertical and for this the company is in talks with a number of broadcasting media houses for a strategic alliance.
BSE Realty index increased by 73.68 points to trade at 7,712.41. Leading to its gain are HDIL (4.63%), Omaxe Ltd. (3.35%), Purvankara (2.75%) and Parsavnath (2.09%).
BSE Power index increased by 52.27 points to trade at 3,296.49 as Suzlon Energy (3.33%), Power Grid (2.94%), Tata Power (2.08%) and Reliance Energy (1.65%) are trading in positive.
Suzlon Energy’s subsidiary Suzlon Energy (Tianjin) Limited has bagged two orders totaling nearly 200mw of capacity for wind farm projects in China. This project is worth over Rs1000 crore.
Reliance Energy’s shareholders have approved the buyback of shares along with change in name and waiving the company’s entitlement to receive bonus shares, which was proposed by Reliance Power.
BSE Auto index inclined by 59.72 points to trade at 4,569.53. Leading to its gain are TVS Motor (3.07%), Maruti Suzuki (1.85%), Hero Honda (1.84%) and Tata Motors (1.26%).
BSE Health Care index inclined by 67.90 points to trade at 4,152.84 as Biocon (11.06%), Sn Pharma (5.11%), Ranbaxy Lab. (3.17%) and Divi’s Lab (2.07%) are trading in positive.
On the primary market front, Titagarh Wagons got listed on the bourses today at Rs 604.90 as against its issue price of Rs 540 on the NSE.
The overall market breadth is positive, as 1986 stocks are advancing while 537 stocks are declining and the 44 stocks remained unchanged on BSE.
The BSE Mid cap is higher by 128 points at 6,964 and the BSE small Cap advanced by 204 points to trade at 8,735.
At 12.30 pm, BSE Sensex was at 16,696 up by 215 points and Nifty was at 5,029.95 up by 71.55 points.
BSE Metal index surged by 363.17 points to trade at 15,024.30. The major gainers are Tata Steel (4.32%), SAIL (2.92%), Hindalco Industries (2.67%) and NALCO (2.12%).
BSE Capital goods index advanced by 255.55 points to 13,648.03. The main gainers are Praj Industries (5.21%), Siemens (2.64%), L&T (2.20%) and ABB (1.30%).
BSE Oil & Gas index was trading 146.08 points higher at 11,557.11 as Cairn India (3.10%), RPL (1.60%), ONGC (0.79%) and BPCL (0.25%) are trading in green.
BSE Banks index improved by 87.88 points to trade at 8,383.72. The top gainers are HDFC Bank (2.64%), SBI (0.77%), PNB (0.76%) and ICICI Bank (0.60%).
BSE IT index grew by 31.74 points to trade at 4,182.64 as HCL Technologies (2.22%), Wipro (1.74%), TCS (1.40%) are trading in green.
Satyam Computers reported a 17.8% surge in Q4 net profit for the quarter ended March 31, 2008, at Rs 468.45 crore as against Rs 397.51 crore in the corresponding quarter a year ago. The company''''s FY08 net profit also rose 20.5% to Rs 1,715.74 crore as compared to Rs 1,423.23 crore posted in FY07.
HCL Technologies is looking at the option of expanding its presence in the media and entertainment vertical and for this the company is in talks with a number of broadcasting media houses for a strategic alliance.
BSE Realty index increased by 73.68 points to trade at 7,712.41. Leading to its gain are HDIL (4.63%), Omaxe Ltd. (3.35%), Purvankara (2.75%) and Parsavnath (2.09%).
BSE Power index increased by 52.27 points to trade at 3,296.49 as Suzlon Energy (3.33%), Power Grid (2.94%), Tata Power (2.08%) and Reliance Energy (1.65%) are trading in positive.
Suzlon Energy’s subsidiary Suzlon Energy (Tianjin) Limited has bagged two orders totaling nearly 200mw of capacity for wind farm projects in China. This project is worth over Rs1000 crore.
Reliance Energy’s shareholders have approved the buyback of shares along with change in name and waiving the company’s entitlement to receive bonus shares, which was proposed by Reliance Power.
BSE Auto index inclined by 59.72 points to trade at 4,569.53. Leading to its gain are TVS Motor (3.07%), Maruti Suzuki (1.85%), Hero Honda (1.84%) and Tata Motors (1.26%).
BSE Health Care index inclined by 67.90 points to trade at 4,152.84 as Biocon (11.06%), Sn Pharma (5.11%), Ranbaxy Lab. (3.17%) and Divi’s Lab (2.07%) are trading in positive.
No comments:
Post a Comment