The benchmark Nifty continued the uptrend for fifth consecutive session today following strong global cues, supported by good US economic data and stable oil prices. The Nifty has touched the 5600-mark for the first time since January 28, 2011.
Among frontliners, M&M, Bajaj Auto, PNB, Axis Bank, ICICI Bank, Reliance Infrastructure, Reliance Communications, Reliance Industries, Jaiprakash Associates, Infosys, SBI, Tata Steel, Sterlite and Sesa Goa were witnessing buying interest.
However, Bharti Airtel, HUL, ITC and ONGC were only losers in early trade.
At 9:17 hours IST, the 30-share BSE Sensex was trading at 18,678, up 189 points and the 50-share NSE Nifty rallied 53 points to 5,589.
About 606 shares advanced as against 155 shares declined on National Stock Exchange. The CNX Midcap went up 70 points to 7,705.
Midcap & Smallcap space:
Continued the rally in today's trade as well - Essar Shipping surged 6%. Bajaj Finserv and Camlin were up 5%.
Lanco Infratech went up 2%. DCB, South Indian Bank and OBC gained over 2%.
Mphasis was up 1.6% as company disclosed pricing and segmental pricing after analyst badger the stock for lack of disclosures.
However, Bharti Airtel, HUL, ITC and ONGC were only losers in early trade.
At 9:17 hours IST, the 30-share BSE Sensex was trading at 18,678, up 189 points and the 50-share NSE Nifty rallied 53 points to 5,589.
About 606 shares advanced as against 155 shares declined on National Stock Exchange. The CNX Midcap went up 70 points to 7,705.
Midcap & Smallcap space:
Continued the rally in today's trade as well - Essar Shipping surged 6%. Bajaj Finserv and Camlin were up 5%.
Lanco Infratech went up 2%. DCB, South Indian Bank and OBC gained over 2%.
Mphasis was up 1.6% as company disclosed pricing and segmental pricing after analyst badger the stock for lack of disclosures.
1 comment:
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