Monday, April 30, 2012

Indian Stock Market : Sensex gains 0.8 pct in early trade; Maruti Suzuki down 2%

The BSE Sensex rose as much as 0.8 percent early on Monday with TCS, Infosys and HDFC Bank leading the gains. The broader 50-share NSE index was up 0.7 percent to 5,244.20.

Shares of Maruti Suzuki slipped 2% in early trade after the car maker reported a 3.04 percent decline in quarterly net profits to Rs 639.8 crore for the fourth quarter ended March 31, 2012, over the same period of the previous fiscal.

At 9:20 a.m., the 30-share BSE index was trading 0.6% higher at 17,051.16 points led by gains in TCS (1.5%), Infosys (1.2%) and HDFC Bank (0.7%).

The BSE PSU index gained 1.3%, the BSE realty index surged 0.7% and the BSE metal index was up 0.72%.

Top Sensex losers include BHEL, which was trading 2% lower at Rs 224.60, and Bajaj Auto Ltd, which was trading at Rs 1,582.55, down 0.3%.

No comments:

Post a Comment