Indian bourses spurt in late trades
Friday, 12 March 2010
MUMBAI, Mar 11 (Business Standard): The Indian bourses opened on a subdued note this morning owing to lacklustre global cues. The Sensex touched a low of 17,054 in early trades and thereafter exhibited gyarated between zones till noon trades. Buying in select indexheavyweights like Infosys and Reliance saw the markets firm up in late trades.
The Sensex spurted to a high of 17,215, up 161 points from the day's low, and finally ended at 17,167, up 69 points. The NSE Nifty shut shop at 5,133, up 17 points.
The BSE Midcap and the smallcap indices were flat today.
The market breadth was fairly negative, out of 2,911 shares traded, 1,756 declined and 1,083 advanced on the BSE today.
Among the sectors, auto index declined 1 per cent to 7,572. Amtek Auto and Exide Industries were the main losers on the index, down 2 per cent each.
IT and Banking indices on the other hand were up 1 per cent each.
Man Infracontruction settled with 37 per cent premium at Rs 347 on its listing day today.
Sun Pharma advanced 3 per cent to Rs 1,691. Sterlite, Bharti Airtel and Wipro added 2 per cent each to Rs 820, Rs 293 and Rs 709, respectively.
ICICI Bank, TCS, Grasim, NTPC and Infosys added 1 per cent each.
Hindustan Unilever was the major loser, down 4 per cent at Rs 228. Hindalco, Reliance Communications and ACC slipped 1 per cent each on the BSE.
Debutant Man Infraconstruction topped the value chart on the BSE with a turnover of Rs 5.95 billion. It was followed by Texmo Pipes (Rs 3.04 billion), ICICI Bank (Rs 640 million), SBI (Rs 630 million) and Reliance (620.8 million).
Texmo Pipes led the volume chart with trades of 20.38 million shares followed by Man Infraconstruction (16.51 million), IKF Tech (7.70 million), Shree Ashtavinayaka (6.17 million) and Suzlon Energy (6.04 million).
The Sensex spurted to a high of 17,215, up 161 points from the day's low, and finally ended at 17,167, up 69 points. The NSE Nifty shut shop at 5,133, up 17 points.
The BSE Midcap and the smallcap indices were flat today.
The market breadth was fairly negative, out of 2,911 shares traded, 1,756 declined and 1,083 advanced on the BSE today.
Among the sectors, auto index declined 1 per cent to 7,572. Amtek Auto and Exide Industries were the main losers on the index, down 2 per cent each.
IT and Banking indices on the other hand were up 1 per cent each.
Man Infracontruction settled with 37 per cent premium at Rs 347 on its listing day today.
Sun Pharma advanced 3 per cent to Rs 1,691. Sterlite, Bharti Airtel and Wipro added 2 per cent each to Rs 820, Rs 293 and Rs 709, respectively.
ICICI Bank, TCS, Grasim, NTPC and Infosys added 1 per cent each.
Hindustan Unilever was the major loser, down 4 per cent at Rs 228. Hindalco, Reliance Communications and ACC slipped 1 per cent each on the BSE.
Debutant Man Infraconstruction topped the value chart on the BSE with a turnover of Rs 5.95 billion. It was followed by Texmo Pipes (Rs 3.04 billion), ICICI Bank (Rs 640 million), SBI (Rs 630 million) and Reliance (620.8 million).
Texmo Pipes led the volume chart with trades of 20.38 million shares followed by Man Infraconstruction (16.51 million), IKF Tech (7.70 million), Shree Ashtavinayaka (6.17 million) and Suzlon Energy (6.04 million).