FREE NSE NIFTY LIVE TIPS 28 MAY 2012

SENSEX TRADES UP 86 POINTS; BANKEX, POWER, METAL RISE

DATE: 25/05/2012       

Indian markets gained in early trade on Monday.  Sensex was trading up 85.81 points or 0.53% at 16,303.63 with 25 components gaining. Meanwhile, the Nifty was trading higher by 30.60 points or 0.62% at 4,951.00 with 40 components gaining.

The 30-share benchmark index, BSE Sensex opened with a gain of 72.00 points or 0.44% at 16,289.82, while the broad based NSE Nifty started with a rise of 11.30 points or 0.23%, at 4,931.70.

Sensex Movers

I T C contributed rise of 20.39 points in the Sensex. It was followed by Reliance Industries (15.09 points), State Bank Of India (13.46 points), I C I C I Bank (11.09 points) and Bharti Airtel (7.01 points).

However, Hindustan Unilever contributed fall of 5.51 points in the Sensex. It was followed by Oil & Natural Gas Corporation (5.23 points), Tata Consultancy Services (2.7 points), D L F (0.13 points) and Infosys (0.3 points).

Major gainers in the 30-share index were State Bank Of India (2.14%), Bharat Heavy Electricals (1.70%), Bharti Airtel (1.47%), Hindalco Industries (1.39%), Mahindra & Mahindra (1.31%), and I T C (1.29%).

On the other hand, Hindustan Unilever (0.99%), Oil & Natural Gas Corporation (0.82%), G A I L (India) (0.62%), Tata Consultancy Services (0.32%), and D L F (0.13%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.63% and 0.64% respectively.

The major gainers in the BSE Midcap were A I A Engineering (1.31%), Aban Offshore (0.61%), Alstom Projects India (0.3%), Alok Industries (0.27%) and A B G Shipyard (0.04%).

The major gainers in the BSE Smallcap were Adhunik Metaliks (1.72%), Aanjaneya Lifecare (1.49%), Reliance MediaWorks (1.1%), Action Construction Equipment (1.06%) and Aarti Industries (0.74%).

Sectors in Limelight

The Bankex index was at 11,006.83, up by 107.62 points or by 0.99%. The major gainers were Bank Of India(1.5%), Bank Of Baroda (1.32%), Federal Bank (1.26%), Canara Bank (0.67%) and H D F C Bank (0.35%).

The Power index was at 1,798.62, up by 13.92 points or by 0.78%. The major gainers were Reliance Infrastructure (1.82%), Bharat Heavy Electricals (1.7%), GVK Power & Infrastructure (0.85%), A B B (0.7%) and Adani Power (0.59%).

The Metal index was at 10,157.04, up by 68.43 points or by 0.68%. The major gainers were Hindalco Industries (1.39%), Hindustan Zinc (0.77%), Coal India (0.72%), Bhushan Steel (0.41%) and Jindal Steel & Power (0.01%).

Market Breadth

Market breadth was negative with 1,169 advances against 592 declines.

Value and Volume Toppers

State Bank Of India topped the value chart on the BSE with a turnover of Rs. 318.88 million. It was followed by Reliance Communications (Rs. 72.83 million), Jubilant FoodWorks (Rs. 72.29 million) and Tata Steel (Rs. 60.40 million).

The volume chart was led by Lanco Infratech with trades of over 1.53 million shares. It was followed by Suzlon Energy (1.15 million), Reliance Communications (1.08 million) and Spicejet (1.01 million).

                                                                                                                             

POWERED BY: MYIRIS NEWS

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