NSE NIFTY LIVE TIPS 05 JUN 2012

SENSEX TRADES UP 128 POINTS ABOVE 16,100

DATE: 05/06/2012                                                                                                                                      

Indian markets gained in early trade on Tuesday tracking positive Asian markets. All sectoral indices are trading positive with power, capital goods and consumer durables leading the space. 

Sensex was trading up 128.34 points or 0.80% at 16,116.74 with 24 components gaining. Meanwhile, the Nifty was trading higher by 39.30 points or 0.81% at 4,887.45 with 40 components gaining.

The 30-share benchmark index, BSE Sensex opened with a gain of 76.97 points or 0.48% at 16,065.37, while the broad based NSE Nifty started with a rise of 21.30 points or 0.44%, at 4,869.45.

Sensex Movers

Reliance Industries contributed rise of 18.07 points in the Sensex. It was followed by H D F C Bank (17.21 points), State Bank Of India (12.86 points), Larsen & Toubro (11.29 points) and I C I C I Bank (8.99 points).

However, Bharti Airtel contributed fall of 2.21 points in the Sensex. It was followed by Tata Motors (1.67 points), Oil & Natural Gas Corporation (1.25 points), D L F (0.98 points) and Infosys (0.32 points).

Biggest gainers in the 30-share index were Hindalco Industries (2.78%), Bharat Heavy Electricals (2.03%), State Bank Of India (1.96%), Sterlite Industries (India) (1.74%), G A I L (India) (1.74%), and H D F C Bank (1.55%).

On the other hand, D L F (1.05%), Bharti Airtel (0.46%), Tata Motors (0.33%), Bajaj Auto (0.24%), Oil & Natural Gas Corporation (0.20%), and Infosys Technologies (0.02%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 1.16% and 0.93% respectively.

The major gainers in the BSE Midcap were Alstom Projects India (2.06%), Amara Raja Batteries (1.61%), Aban Offshore (1.27%), Allcargo Logistics (0.45%) and Alok Industries (0.27%).

The major gainers in the BSE Smallcap were Action Construction Equipment (1.6%), A2Z Maintenance & Engineering Services (1.06%), Styrolution ABS (India) (0.94%), Aarti Industries (0.74%) and Trident (0.21%).

Sectors in Limelight

The Power index was at 1,795.50, up by 28.80 points or by 1.63%. The major gainers were Crompton Greaves (2.11%), Reliance Infrastructure (2.11%), Bharat Heavy Electricals (2.03%), Adani Power (1.42%) and A B B (0.74%).

The Capital Goods index was at 8,871.32, up by 140.65 points or by 1.61%. The major gainers were Crompton Greaves (2.11%), Alstom Projects India (2.06%), Bharat Heavy Electricals (2.03%), BEML (0.77%) and A B B (0.74%).

The Consumer Durables index was at 6,067.21, up by 91.28 points or by 1.53%. The major gainers were Bajaj Electricals (1.23%), Rajesh Exports (1.13%), Whirlpool Of India (1.02%), Blue Star (0.91%) and Gitanjali Gems (0.76%).

The Metal index was at 10,017.43, up by 142.24 points or by 1.44%. The major gainers were Hindalco Industries (2.78%), Hindustan Zinc (1.25%), JSW Steel (1.17%), Coal India (1.14%) and Jindal Steel & Power (0.26%).

Market Breadth

Market breadth was negative with 1,386 advances against 641 declines.

Value and Volume Toppers

State Bank Of India topped the value chart on the BSE with a turnover of Rs. 368.69 million. It was followed by Pipavav Defence and Offshore Engineering Company (Rs. 258.56 million), Tube Investments of India (Rs. 249.36 million) and Tata Motors (Rs. 238.84 million).

The volume chart was led by Pipavav Defence and Offshore Engineering Company with trades of over 3.16 million shares. It was followed by Birla Power Solutions (2.62 million), Spicejet (2.36 million) and Tube Investments of India (1.82 million).

POWERED BY: MYIRIS NEWS

www.goldennifty.com