Golden Investment Research Private Limited
Sensex trades up 1%; Bharti, Sterlite, BHEL rally
Date : 02.02.2012
Indian markets are ruling on a buoyant note with Sensex tradining above 17,400 mark and Nifty above 5,200 level. This rally was due to firm Asian cues and sustained buying by funds and good quarterly earnings.
At 10.51 a.m., the Sensex was trading up 173.21 points or 1.00% at 17,473.79 with 25 components gaining. Meanwhile, the Nifty was trading higher by 45.75 points or 0.87% at 5,281.45 with 38 components gaining.
At 10.51 a.m., the Sensex was trading up 173.21 points or 1.00% at 17,473.79 with 25 components gaining. Meanwhile, the Nifty was trading higher by 45.75 points or 0.87% at 5,281.45 with 38 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 137.49 points or 0.79% at 17,438.07, while the broad based NSE Nifty started with a rise of 36.40 points or 0.70%, at 5,272.10.
Sensex Movers
Bharti Airtel contributed rise of 42.05 points in the Sensex. It was followed by Larsen & Toubro (18.07 points), I C I C I Bank (15.3 points), Bharat Heavy Electricals (14.05 points) and Sterlite Industries (India) (11.63 points).
However, I T C contributed fall of 8.71 points in the Sensex. It was followed by Reliance Communications (3.57 points), Tata Motors (2.17 points), Housing Development Finance Corporation (0.96 points) and Grasim Industries (0.77 points).
Biggest gainers in the 30-share index were Bharti Airtel (6.55%), Sterlite Industries (India) (5.24%), Bharat Heavy Electricals (4.77%), Tata Power Company (2.91%), Larsen & Toubro (1.94%), and Mahindra & Mahindra (1.79%).
On the other hand, Cipla (1.32%), I T C (0.72%), Bajaj Auto (0.69%), Tata Motors (0.42%), Housing Development Finance Corporation (0.23%), and Jindal Steel & Power (0.03%) were the biggest losers in the Sensex.
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