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Sensex, Nifty rally 5% in Nov series; metals, banks, IT up
The Sensex gained 5% and the Nifty was up 5.37% in the November series, led by buying in metal, auto, banking and technology stocks.
The Sensex gained 5% and the Nifty was up 5.37% in the November series, led by buying in metal, auto, banking and technology stocks.
The BSE Metal Index Index gained 14.5%, as JSW Steel, Hindustan Zinc 32% and Sesa Goa gained 25-35%.
The BSE Auto Index rose 11.6%, as Ashok Leyland, Tata Motors and Maruti
|
Index |
Closing Value |
* Chg (%) |
**Chg (%) |
|
METAL |
15,924.49 |
-1.83 |
14.53 |
|
AUTO |
6,972.99 |
-1.54 |
11.59 |
|
BANKEX |
10,061.72 |
-2.64 |
8.3 |
|
IT |
4,764.38 |
-1.97 |
7.13 |
|
PHARMA |
4,722.56 |
-0.34 |
6.93 |
|
SMALLCAP |
7,530.49 |
-0.98 |
5.86 |
|
MIDCAP |
6,399.03 |
-1.45 |
5.83 |
|
OIL&GAS |
10,229.80 |
-2.3 |
5.4 |
|
NIFTY |
5005.55 |
-2.01 |
5.37 |
|
SENSEX |
16,854.93 |
-2 |
5 |
|
CAP GOODS |
13,361.00 |
-1.05 |
3.31 |
|
TECk |
3,000.79 |
-1.49 |
3.07 |
|
FMCG |
2,885.92 |
-1.45 |
2.12 |
|
POWER |
2,970.27 |
-1.29 |
0.39 |
|
REALTY |
3,634.22 |
-2.11 |
-4.87 |
|
* - Today's Change |
|
** - November series change |
rallied 13-15%.
In the banking space, Dena Bank shot up 28%. Allahabad Bank and Vijaya Bank gained 17-18%. The BSE Bankex rose 8%.
However, the BSE Realty Index tumbled 4.9%. Indiabulls Real was down 15%. DLF and Unitech were down 4.5-5.5%.
Telecom stocks lost ground in the month of November. Idea Cellular, Reliance Communications and Bharti Airtel fell 10-11.5%.
Among the broader indices, the CNX Midcap Index was up 8.5% and BSE Small Cap Index up nearly 6%.
Jindal Saw was up 28%. GAIL, Orchid Chemical, Dish TV and GSPL were up 15-18% while Balrampur Chini was down 14.5%. Educomp Solutions fell 8.5%.