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Nifty hits 4300; all sectoral indices in green
Published on Fri, Jul 17, 2009 at 10:47   |  Updated at Fri, Jul 17, 2009 at 10:57  |  Source : Moneycontrol.com

At 10:40 hours IST, buying across the sectors pushed the Nifty above the 4300 mark and the Sensex above the 14500 level. The broader indices were also following the same trend.

The Nifty was up 85 points, to 4,316 and the Sensex gained 285 points at 14,542. About 913 shares advanced while 191 shares declined. The BSE Midcap and Smallcap indices went up 1.9% each. The Nifty July future was flat.


On the sectoral front, the BSE Auto Index rose 4%. TECk, Realty, IT, Metal, Capital Goods and Bank indices were up 2-2.8%. Power and Oil & Gas indices gained 1-1.8%. The FMCG Index was up 0.5%.

Bharti Airtel was the leading player with 4.5% gains, as the company announced stock split from Rs 10 to Rs 5.

Top gainers - Tata Motors, Hero Honda, M&M and Reliance Infrastructure were up 4.3-5%

Positive contributors were Bharti Airtel, Infosys, ICICI Bank, SBI, Reliance Industries, L&T and HDFC.

In the midcap space, Exide Industries, United Breweries, Bajaj Holdings, Mphasis and Apollo Tyres were up 6-8.8%.

In the smallcap space, Swan Mills, Fem Care Pharma, JK Tyre, KPIT Cummins and Anus Labs gained 10-14.5%.

On the next page - see how Indian markets performed in the last half an hour

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