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News »  September 6, 2010  » Business

Nifty closes on a positive note

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Sensex, Nifty: Market Updates
 
Mumbai, Sep 6:Following better-than-expected US employment data, Nifty ended at 31-month high on Monday, Sep 6.

The Sensex closed at 18567, up 345 points and the Nifty was at 5576, up 97 points.

Tata Steel, Hindalco, Sterlite Ind, ICICI Bank were among the top gainers with 6.42 pc, 4.99 pc, 3.85 pc, 3.84 pc up respectively.

Hero Honda, BPCL, HUL, Reliance Comm were among the top losers with 1.93 pc, 0.48 pc, 0.46 pc, 0.28 pc down respectively.
4:23 PM

Sensex gains 300 pts on +ve trade across sectors

While Nifty held on to its 31-month high at 5500 mark, Sensex was trading with more than 300 points gains on strong trading in all sectors and supportive global cues.

At 2: 10 pm, BSE Sensex was at 18,535.76, up 314.33 points and NSE Nifty was at 5570.00, up 90.60 points.

Fewere-than-expected US jobs loss data has helped Asian, European, and Indian markets to gain.

European markets were marginally in green while Asian markets ended 0.7 to 2 per cent higher.
2: 29 PM

Nifty hits 31-month high; IT, auto support

For the first time after Jan 2008, Nifty was inching closer to 5550 mark. Sensex was also trading strong up over 200 points.

At 11:08 am, BSE Sensex was up 201.38 points or 1.11 per cent at 18422.81, and the Nifty was up 60.75 points or 1.11 per cent at 5540.15.

Up 2 to 4 per cent, Hindalco, Sterlite Industries, Tata Steel, ICICI Bank and SAIL were top gainers on Nifty as it scales the 31-month high, supported also by IT, realty, auto and banking stocks.

However, Hero Honda, Reliance Communications, HUL, Bharti Airtel and Idea Cellular were down 0.1 to 1.5 per cent.

BSE Metal index was up more than 2 per cent on strong buying in metal stocks.

Among the heavyweights, Reliance was trading at Rs 929.90 up 0.46 per cent, Tech major Infosys was trading at Rs 2,815.15 up 1.57 per cent and Refinery major HPCL was trading at Rs 515.25 up 0.92 per cent.
12:20 PM

Mkts open +ve on US job loss data

The Indian indices have started the week on a positive note in lieu with the Asian trends on US jobs data.

At 9: 20 BSE Sensex was at 18,341.32, up 119.89 points and NSE Nifty was at 5514.25, up 34.85 points. The broader indices also opened green as smallcap index gained 1 per cent up to trade at 9,946 while the midcap index rose 0.9 per cent to trade at 7,898.

All BSE indices were trading in positive territory. Metal, Realty and It indices were up 1 per cent each in early trade.

Among the gainers were Hindalco up 4 per cent, Sterlite and Tata Steel up 2 per cent each, ICICI Bank, Jindal Steel, Jaiprakash Associates, Infosys up 1 per cent each. However, ONGC and Hindustan Unilever down 0.1 per cent each were in the red.

As fewer than expected US job losses eased fears the world's largest economy could be headed to a new recession and boosted Asian equities, Asian markets earlier opened on a strong note as well.
9: 30 AM

OneIndia News

Topics: sensex, nifty

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