Published on Wed, Jul 13, 2011 at 13:00 | Source : Moneycontrol.com
Updated at Wed, Jul 13, 2011 at 13:31
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Sensex soars; oil & gas, auto, realty gain
The benchmark indices continue to trade strong but off the day's high. Buying interest was seen in oil & gas, auto, realty, pharma, banks, and metal stocks. The broader indices were trading up 1% each.
The benchmark indices continue to trade strong but off the day's high. Buying interest was seen in oil & gas, auto, realty, pharma, banks, and metal stocks. The broader indices were trading up 1% each.
Anil Manghnani of Modern Shares & Stock Brokers tells investors that the reversal at 5,700 that the Nifty has witnessed should see a retest. "I believe that at least another test of that 5,650-5,700 is on the cards and then maybe a correction,"
At 13.03 hrs IST, the Sensex was up 160.58 points or 0.87% at 18572.20, and the Nifty was up 51.90 points or 0.94% at 5578.05.
About 1802 shares advanced, 912 shares declined, and 951 shares remain unchanged.
Top gainers on the Sensex were Reliance Comm at Rs 99 up 2.38%, DLF at Rs 225.10 up 2.16%, ONGC at Rs 287 up 1.95%, Bharti Airtel at Rs 393.10 up 1.47% and Reliance Infra at Rs 571.55 up 1.42%.
Index heavyweight Reliance was trading at Rs 860.10 up 1.37% from its previous close of Rs 848.50.
Cigarette major ITC was trading at Rs 203.10 up 0.82% from its previous close of Rs 201.45.
Top losers on the Sensex were HDFC at Rs 685.30 down 0.75%, Tata Power at Rs 1,282 down 0.54%, Infosys at Rs 2,780.65 down 0.49%, HUL at Rs 331.25 down 0.38% and Wipro at Rs 413.90 down 0.19%.
Most active shares on NSE were Infosys, Reliance, Rushil Decor, Dr Reddys Labs and Bharti Airtel.
