Sensex stays firm amid robust Asian cues

Sensex stays firm amid robust Asian cues
The key domestic benchmarks began the week on an upbeat note as the Sensex rallied by more than 80 points tracking firm cues from fellow Asian markets which rose after a pickup in US consumer sentiment signaled acceleration in the world"s biggest economy.

FIIs continued their buying spree in the Indian stock markets, pumping in a net of about USD 13.52 billion in 2013, SEBI data showed. India"s Economic Affairs Secretary Arvind Mayaram lashed out at S&P for maintaining a negative outlook on the country"s credit rating, saying that there was no case for a downgrade.

At 12:20PM, the BSE SENSEX was at 20,369.84, up by 83.72 points or by 0.41 per cent and the NSE Nifty was at 6,209.55, up by 22.25 points or by 0.36 per cent.

The BSE Sensex touched intraday high of 20,443.62 and intraday low of 20,277.76. The NSE Nifty touched intraday high of 6,229.45 and intraday low of 6,195.25.

Meanwhile, the BSE MIDCAP was at 6,635.62, up by 21.64 points or by 0.33 per cent, while the BSE SMLCAP was at 6,220.05, up by 20.86 points or by 0.34 per cent.

On the Sectoral front, Auto and Realty advanced 1.92 per cent and 0.90 per cent, respectively.

The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 2293, shares advanced were 1180 while 979 shares declined and 134 were unchanged.

The top gainers of the BSE Sensex pack were Maruti Suzuki India Ltd. (Rs. 1753.65,+2.59%), Tata Motors Ltd. (Rs. 310.35,+2.31%), Mahindra & Mahindra Ltd. (Rs. 1006.25,+2.11%), Bajaj Auto Ltd. (Rs. 1871.00,+2.03%), Coal India Ltd. (Rs. 302.55,+1.66%), among others.

Read more about: sensex, nifty
Story first published: Monday, May 20, 2013, 14:20 [IST]
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