Want more about Markets to land in your mailbox?


Sensex tests 6,600: Banks in demand
At 2:22 pm, the Sensex is up 75.51 points at 6598.05 after touching an intraday high of 6602.53. The Nifty is up 19.05 points at 2078.85. The market breadth is positive, about 1593 shares have advanced, 653 shares declined, and 71 shares are unchanged.
- Sensex hits an intrday high of 6,602.53
- Action in cement, bank, tech, and pharma shares
- Media stocks in limelight
- Auto and refinery stocks gain
- Market breadth is positive
The BSE 500 Index is up 1.24% at 2,776.21 as several small and midcap shares have gained. Gains are seen in the Cement, bank, technology, media, pharma, and the auto sector.
The BSE Bankex has outperformed the other indices. It is up 2.14% to 3,714.48 following the gains in UCO Bank, Andhra Bank, IOB, Bank of India, Bank of Baroda, Canara Bank, Union Bank, Oriental Bank, SBI and ICICI Bank.
|
|
|
Also Read
RSS feed for news |
The BSE Consumer Durable Index is up 1.64% to 1,524.97 as buying is seen in Samtel Colour, BPL, Titan Industries, Mirc Electronics, and Videocon International.
The BSE Healthcare Index is up 1.49% to 3,058.99. Gains are seen in several pharma stocks including Glenmark, Aurobindo Pharma, FDC, Novartis India, Cipla, Dr Reddy's Laboratories, Biocon, and Ranbaxy.
The BSE IT Index is up 1.48% at 2,612.39 as most of the frontline technology as well as second run technology share are trading higher. i-flex Solution, Polaris, TCS, HCL Tech, Infosys, Satyam and Wipro all have flared up.
The BSE Oil & Gas Index is up 1.21% to 3,150.59 as several oil and refinery stocks have gained amid a decline in crude oil prices. Most of the auto stocks have also geared up. The BSE Auto Index is up 1.07% at 2,839.24.
Cement stocks have also gained on expectation of an increase in offtake due to reconstruction after the Tsunami destruction. ACC, Grasim, and Gujarat Ambuja Cements are all trading higher.
Media stocks including NDTV, Balaji Telefilms, TV Today, TV18 and Zee have put on a good show. Metal stocks are however, trading mixed. Nalco and Sail are up, while Hindalco and Tisco are trading lower.
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
MS Banga
President - Global Foods, Home, and Personal Care Business
Unilever
Right time to move on, Unilever healthy again: Vindi Banga
VVS Murthy
CFO
Dishman Pharma
Dishman Pharma invests $20m in new API facility
T Srinivasa Rao
VP-Finance
Rain Commodities
See better op margins, volumes in CY10: Rain Commodities
Rahul Shah
Executive Director
Nitin Fire Protection
See 20-25% revenue growth in FY11: Nitin Fire Protection
-
Most Read
-
Most Viewed
- Demerging non-core biz a positive for Unitech: Tulsian
- Persistent Systems IPO overbid; should you invest?
- Raaja Kanwar: Taking the unusual path to expand Apollo

- Experts guide on how to trade directionless markets

- Ashwani Gujral's top five picks for today's trade

- Vindi Banga to quit Unilever after 33 year stint

- Welspun Gujarat to buy 75% stake in MSK Projects
- Sudarshan Sukhani's top 5 picks for trade today

- Right time to move on, Unilever healthy again: Vindi Banga
- Bharti, R Comm, Vodafone apply for 3G spectrum bid

- Shree Ganesh plans to raise Rs 375 cr via IPO
Source: Business Line
- India`s sovereign wealth fund
Source: ft.com
- London`s miners lifted by global growth hopes
Source: ft.com
- Hero Honda may set up 4th plant in Himachal Pradesh
Source: Business Line
















