Mkts top super 2009 rally by closing on highs

ALSO READ See Key Market Stats - Top Gainers/ Losers, Most Actives, Highs/Lows See how Global Markets are trading Indian ADRs Nifty BSE | NSE 29/05/12 Are Mutual Funds betting on Nifty?

Sensex remains firm; SBI, Tata Steel, RIL, L&T most active

At 14:19 hours IST - Relentless buying in heavyweights was keeping the Sensex on the higher side with gains of around 100-180 points, though there was some volatility ahead of expiry today. European markets were also positive in early trade, up 0.4% each, which was also supportive after good closing for Asian markets.

Oil & gas, capital goods, technology, telecom, power, FMCG and banking were the leading sectors in trade today. However, Jindal Steel, DLF, Maruti Suzuki, Cipla and IDFC were the only losers on the NSE Nifty 50.

Reliance Industries, SBI, BHEL, TCS, L&T, NTPC, Bharti, Infosys, ITC, Jaiprakash Associates and HDFC were the leading counters.

The Sensex was trading at 17,467, up 123 points and the Nifty was at 5,203, up 34 points.

The market breadth was positive; about 1,833 shares advanced while 1,115 shares declined on the BSE. Nearly 494 shares were unchanged. The BSE Midcap Index rose 0.42% and Smallcap up 0.9%.

Top percentage gainers - Shah Alloys, Carnation Invest, Money Matters, Essar Securities, Renaissance Jewellery, Aditya Birla and Shreyans Industries were locked at 20% upper circuit. SEL Manufacturing was up 16.35%.

In the midcap space, Gammon Infra, OnMobile Global, Thomas Cook, KGN Industries and Videocon Industries were up 4.7-9% while Shriram City, Great Offshore, Jagran Prakashan, HT Media and Sunteck Realty fell 2-4.7%.

In the smallcap space, Jai Balaji Industries, Balkrishna Industries and HSIL gained 10-12%. However, AP Paper Mills, Gee Kay Finance, Panacea Biotec, Titagarh Wagons and Maharashtra Ele lost 4-5%.

SBI, Tinplate, Tata Steel, L&T, RIL, Jindal Steel and NTPC were most active shares on the bourses.

Nifty holds 5200; RIL, SBI, NTPC, BHEL, TCS, L&T lead

At 13:07 hours IST - the Nifty continued to trade higher though there was some volatility. Buying in heavyweights like Reliance Industries, SBI, NTPC, BHEL, TCS and L&T was supporting the markets. DLF, Jindal Steel, Maruti, HCL Tech, Cipla and Siemens were the losers.

All sectoral indices were in the green; Capital Goods and Oil & Gas were leading sectors, up 1% each. Among others, Auto, Power, Bank and Realty indices went up 0.6-0.8%. Among the broader indices, the BSE Midcap Index was up 0.5% and Smallcap up 1%.

The 30-share BSE Sensex was trading at 17,520, up 177 points and the Nifty was at 5,218, up 49 points. About 906 shares advanced while 348 shares declined on the NSE.

BHEL, Crompton Greaves, L&T, ABB, Areva T&D and Punj Lloyd were up 0.6-1.5% in the capital goods space.
 
In the oil & gas pack, Reliance Industries, Cairn India, GAIL, BPCL, ONGC and HPCL went up 0.5-1.75%.

TCS, Infosys and Tech Mahindra gained 0.4-1% in the technology pack. Wipro was up just 0.27%.

Power Grid Corp, Neyveli Lignite, Suzlon Energy, Lanco Infratech, NTPC, NHPC, Reliance Infrastructure and Tata Power moved up 0.5-1.9% in the power space.

Indiabulls Real surged 3.91% and Unitech was up 0.60% in the realty space.

In the banking space, SBI rose 2.10%. Axis Bank, Bank of Baroda, HDFC Bank and ICICI Bank were up 0.5-1%.

Top gainers on the BSE Midcap - Gammon Infra, OnMobile Global, M&M Financial, KGN Industries and Reliance Industrial Infra went up 4.6-11%.

Top losers on the BSE Midcap - Shriram City lost 4.7%. Great Offshore, BF Utilities, Sintex India and Simplex Infra fell 1.7-2%.

Top gainers on the BSE Smallcap - Money Matters was locked at 20% upper circuit. Aditya Birla, Jai Balaji Industries, Balkrishna Industries and HSIL were up 10-14%.

Top losers on the BSE Smallcap - Gee Kay Finance, Panacea Biotec, Maharashtra Ele, Gayatri Project and Indoco Remedies slipped 3.5-5%.

Asian markets were also trading higher; Hang Seng gained 1.75%. Shanghai, Straits Times and Taiwan Weighted were up 0.5-0.9%.

Sensex northbound; JP Asso, NTPC, RIL, M&M top gainers

At 12:02 hours IST - buying across all sectors was helping the Sensex to maintain early gains though there was a bit of volatility on the higher side. Today is the F&O expiry day. Asian markets remained positive; Hang Seng was up 1.75%. Straits Times was up 0.62% and Taiwan Weighted up 0.93%. Shanghai was flat.

On the sectoral front, the BSE Oil & Gas index rose 1.2%. Auto, Realty, Capital Goods, Power, Bank, Metal, FMCG, IT and Healthcare indices were up 0.6-0.9%.

The 30-share BSE Sensex was trading at 17,504, up 158 points and the Nifty was at 5,214, up 45 points. The Nifty January future was trading with 11 points premium.

Among the broader indices, the BSE Midcap index was up 0.8% and Smallcap up 1.3%; about 985 shares advanced while 260 shares declined on the NSE. 

Top gainers in the largecaps - Jaiprakash Associates, M&M, NTPC, Reliance Industries, Grasim, Power Grid Corp and Cairn India were up 1-2.8%.

L&T secured Rs 581 crore orders in Coal Handling & Water Business. The stock was up 1%.

Rama Newsprint & Papers will consider issue of securities on rights basis to the shareholders of the Company on January 7, 2010. The stock was down 3.6%.

Sical Logistics has bagged Rs 163 crore Hindustan Copper multimodal logistics contract. The stock surged 6.7% and its volumes jumped 600%.

Deep Industries rose 3.3%, as it has obtained Letter of Award for extension of Contract for further period of 3 years from GACL, Dahej for compression of natural gas and delivery of compressed natural gas at the specified outlets. Approximately value of contract aggregates to Rs 50 million.

Strides Arcolab has purchased USD 1.5 million aggregate face value of Bonds and is in the process of extinguishing such Bonds. Further, the company may also purchase from the markets and extinguish additional Bonds from time to time at its sole discretion. The stock gained 2.3%.

Top percentage gainers - Carnation Invest, Money Matters and Essar Securities were locked at 20% upper circuit. Shah Alloys, Artefact, Shreyans Industries, Renaissance Jewellery, Repro India and Jai Balaji Industries gained 14-18%.

In the midcap space, OnMobile Global, Gammon Infra, KGN Industries, Reliance Industrial Infra and Bajaj Finserv were up 4-10% while Great Offshore, Jagran Prakashan, Shree Cements, Cadila Health and Piramal Health lost 1-1.5%.

In the smallcap space, VST Tillers, Balkrishna Industries and HSIL went up 10-15% while Gee Kay Finance, Titagarh Wagons, Maharashtra Elektrosmelt, Kalindee Rail and Panacea Biotec declined 3-4%.

Nifty extends rally; all sectoral indices gain

At 10:58 hours IST, the Nifty extended rally and was consistently holding the 5,200 mark, on the back of buying across all the sectors. Oil & gas, power, capital goods, technology and realty were the leading sectors. However, only Maruti Suzuki was the lower. The broader indices were also trading in line with benchmark indices, up 0.9-1.3%.

Asian markets were trading higher. Hang Seng moved up further, up 1.75%. Shanghai was up 0.33%, Straits Times up 0.6% and Taiwan Weighted up 0.84%.

The 30-share BSE Sensex was trading at 17,511, up 167 points and the Nifty was at 5,217, up 48 points. The Nifty January future was trading with 10 points premium.

In the power space, NTPC gained 2.7%. Neyveli Lignite. Power Grid Corp, Suzlon Energy, NHPC and Reliance Infrastructure were up 1-2%. Adani Power, Tata Power, Reliance Power and Torrent Power gained 0.6-0.8%.

Reliance Industries rose 1.65% in the oil & gas space. Cairn India, GAIL, BPCL, ONGC and IOC went up 0.3-1.3%.

L&T, Crompton Greaves, Siemens, BHEL, Punj Lloyd and ABB went up 0.5-1.4% in the capital goods segment.

Realty stocks like Indiabulls Real and Mahindra Life moved up 2.8% each. Unitech was up 1.15% and DLF up 0.46%.

Hindalco, Sterlite Industries, Tata Steel, SAIL, JSW Steel, Jindal Steel and NALCO were up 0.35-1%.

The market breadth was positive; about 2,075 shares advanced while 835 shares declined on the BSE. Nearly 531 shares were unchanged.

In the midcap space, OnMobile Global surged 10.52%. Reliance Industrial Infrastructure, KGN Industries, BGR Energy and Bajaj Finserv were up 4-5% while Blue Dart, Kirloskar Brothers, Great Offshore, Central Bank and Apollo Hospital fell 1.3-2.8%.

In the smallcap space, Money Matters was locked at 20% upper circuit. Jai Balaji Industries rose 16%. Tinplate, HSIL and Bliss GVS gained 7-11%. However, Sahara One, Modern India, Ushdev Int, Gee Kay Finance and Hatsun Agro lost 3-4.7%.

Sensex up over 100 pts on positive Asian cues

The Sensex started the last day of year 2009 on a positive note following good Asian cues. The markets were seeing some volatility due to F&O expiry day. Power, realty, technology, FMCG, capital goods, metal and banking stocks were supporting the markets.

At 9:56 am, the Nifty was trading at 5,206, up 37 points and the Sensex was at 17,483, up 139 points. The CNX Midcap rose 58 points, to 7,476, as about 710 shares advanced while 52 shares declined on the NSE. 

Among the frontliners, NTPC surged 3%. Siemens, Suzlon Energy, Unitech, Tata Steel, Cairn India, Reliance Capital, TCS, Jaiprakash Associates, Power Grid, DLF, ACC and ICICI Bank were the gainers in early trade.

However, Maruti Suzuki was the loser in trade.

Midcap & Smallcap space:

Gallantt Metal was up 6.5% and Lloyds Steel up 3%. Ispat gained 0.7% and SAL Steel was up 3%.

United Spirits went up 0.7%. HOEC surged 4%.

Amtek Auto was up 1% while Amtek India fell 2.5%, as Punjab & Haryana HC dismissed scheme of arrangement between Amtek Auto, Amtek India, Ahmednagar forging on valuation.

Su-Raj Diamonds shot up 7%.

Global cues:

Asian markets were trading higher. Hang Seng rose 1.5%. Shanghai, Straits Times and Taiwan Weighted were up 0.35-0.8%.

The US markets witnessed third day of low volume and low volatility. The Dow Jones Industrial Average ended flat at 10,548.

The Nasdaq Composite was up 3 points at 2,291 and the S&P 500 Index was flat at 1,126.

Commodities:

Crude oil ended up 0.5% at $79.3/bbl.

Weekly oil inventories showed a smaller-than-expected draw of 1.54 million barrels.

Gold was down 1.1% at $1092.4/ounce.

March silver fell 1.9% at $16.78/ounce.

Market cues:

-NSE F&O Dec series expiry today
-FIIs net buy USD 82.3 million in equities on December 29
-FIIs net buy Rs 113 crore in cash markets on December 30 (prov)
-DIIs net buy Rs 69 crore in cash markets on December 30 (prov)
-FIIs net sell Rs 278 crore in F&O on December 30

F&O cues:

-Marketwide rollover at 67% versus 65% last series
-Nifty rollover at 58% versus 64% last series
-Over 80% rollovers in Cairn, Rel Power, Maruti
-Over 70% rollovers in M&M, Bharti, Idea
-Over 70% rollovers in cement stks
-Low rollovers in PSU banks, OMCs
-Long build-up in hotel stocks
-Over 60% rollovers in IFCI, Unitech, Suzlon
-Stock Futures shed 2.5 crore shares in Open Int
-Nifty Jan Open Int PCR at 1.25
-Nifty Jan 5300 Call adds 4 lakh shares in Open Int
-Nifty Jan 5000 Put adds 4 lakh shares in Open Int
-Nifty Dec 5200 Put sheds 21 lakh shares in Open Int
-Highest outstanding Open Int in Dec 5200 Call
-Nifty Dec 5200 Call adds 6 lakh shares in Open Int