Sensex gains; L&T, ONGC up Analysis for Jun 02, 2014

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The Indian benchmark was trading in green in afternoon session of day's trade. Consumer goods sector stocks were on the rise with Suzlon Energy leading the pack followed by Sadbhav Engineering, Larsen & Toubro, Siemens and AIA Engineering. Shares of L&T rose on Bombay Stock Exchange (BSE) on reporting robust Q4 numbers post market hours on Friday. L&T reported 69 per cent growth in net profit for the quarter ended March on the back of improved operational performance, higher sales and an exceptional income of Rs 484 crore from dilution of its stake in L&T Finance. At 14:24 PM BSE SENSEX was at 24635.42 up by 418.08 points or by 1.73 per cent and then NSE Nifty was at 7342.05 up by 112.1 points or by 1.55 per cent.

The BSE MIDCAP was at 8625.71 up by 158.49 points or by 1.87 per cent. while the BSE SMLCAP was at 9158.47 up by 142.74 points or by 1.58 per cent

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3106 , shares advanced were 1924 while 1072 shares declined and 110 were unchanged

The top gainers of the BSE Sensex pack were Larsen & Toubro Ltd. (Rs.1641.95,+6.01 per cent), Oil And Natural Gas Corporation Ltd. (Rs.395.75,+4.63 per cent), State Bank of India (Rs. 2634.10,+3.63 per cent), Axis Bank Ltd. (Rs. 1889.00,+2.88 per cent), Tata Steel Ltd. (Rs. 488.60,+2.86 per cent), among others.

The top losers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 599.75,-1.26 per cent), ITC Ltd. (Rs. 337.50,-1.17 per cent), Wipro Ltd. (Rs. 499.30,-1.13 per cent), Dr. Reddy's Laboratories Ltd. (Rs. 2421.45,-1.09 per cent), Hindustan Unilever Ltd. (Rs. 595.70,-0.87 per cent), among others.

The top gainers of the NSE Nifty pack were Larsen & Toubro Ltd. (Rs.1640.00,+6.11 per cent), Bharat Petroleum Corporation Ltd. (Rs.547.00,+4.81 per cent), NMDC Ltd. (Rs. 176.70,+3.94 per cent), Oil And Natural Gas Corporation Ltd. (Rs. 393.00,+3.93 per cent), Jindal Steel & Power Ltd. (Rs. 308.35,+3.56 per cent), among others.

The top losers of the NSE Nifty pack were HCL Technologies Ltd. (Rs.1390.00,-2.01 per cent), Sun Pharmaceutical Industries Ltd. (Rs.599.20,-1.88 per cent), Dr. Reddy's Laboratories Ltd. (Rs.2422.50,-1.55 per cent), Hindustan Unilever Ltd. (Rs. 594.75,-1.43 per cent), Lupin Ltd. (Rs. 922.80,-1.40 per cent), among others

Among the sectoral indices on BSE, BSE_CGS index was at 15411.2 up by 694.39 points or by 4.72 per cent. Suzlon Energy Ltd. (Rs. 24.15,+9.97 per cent), Sadbhav Engineering Ltd. (Rs. 185.00,+7.68 per cent), Larsen & Toubro Ltd. (Rs. 1641.95,+6.01 per cent), Siemens Ltd. (Rs. 919.00,+5.87 per cent), AIA Engineering Ltd. (Rs. 786.60,+4.67 per cent)

Read more about: sensex, nse, bse
Story first published: Monday, June 2, 2014, 14:48 [IST]
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