Monday, April 30, 2012

Indian Stock Market : Sensex near 17,300; realty, tech, banks, power gain

At 10:00 a.m., the Sensex was at 17,299.53, up 112.19 points, or 0.65 percent. It touched an intraday high of 17,324.13 and a low of 17,195.51.

The Nifty was at 5,244, up 35 points, or 0.67 percent. It touched an intraday high of 5,251.25 and a low of 5,201.45.


The BSE Midcap Index was up 0.45 percent and the BSE Smallcap Index gained 0.68 percent.

Among sectoral indices, the BSE Realty Index was up 1.42 percent, the BSE IT Index advanced 1.36 percent, the BSE Bankex gained 1.10 percent and the BSE Power Index was up 0.77 percent. The BSE Auto Index slipped 0.48 percent.

Shares of Maruti Suzuki slipped after the company announced its quarterly results on Saturday. Its standalone net profit slipped to Rs 639 crore for the quarter ended March 2012 against Rs 659 crore in the same period a year ago. Net sales rose to Rs 11,486.36 crore for the March 2012 quarter against Rs 9796.71 crore in the corresponding quarter a year ago.

DLF (2.11%), TCS (1.93%), Infosys Technologies (1.76%), ICICI Bank (1.39%) and GAIL (1.12%) are among the top Sensex gainers.

Maruti Suzuki (2.23%), BHEL (2.11%), M&M (1.50%), Bajaj Auto (0.83%) and Jindal Steel (0.64%) are the among the index losers.

The market breadth was positive on the BSE with 1,021 gainers against 512 losers.

Asian markets are witnessing a mixed session. The Hang Seng gained 1.12 percent and the Seoul Composite moved 0.08 percent higher. The Taiwan Weighted slipped 0.14 percent and the Strait Times declined 0.21 percent.

No comments:

Post a Comment